Feedlot Archives - Page 16 of 27

CME April 2019 live cattle, with August 2019 live cattle in brown. (Barchart)

Klassen: Feeder market holds value

By Jerry Klassen, GFM Network News March 12, 2019

Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Buying interest for yearlings was somewhat stronger while calves in the eastern Prairie regions were softer. Moderate temperatures are in the seven-day forecast for most of Western Canada, so the risk discount due to adverse weather has evaporated. Barley jumped an additional […] Read more

Cattleman’s Corner, Markets

Canadian prices divorce from U.S. fundamentals

Market Update with Jerry Klassen: Alberta feeding margins are in the red by $200 per head for feedlots selling in the spot market

By Jerry Klassen March 7, 2019

There was unusual price behaviour in western fed and feeder markets during the first weeks of February. Earlier in January, Alberta fed cattle prices reached a high of $166 on live basis for March delivery. By mid-February, Alberta packers were only bidding $150 on a live basis for March 1-15 delivery. At the same time, […] Read more

Livestock, Markets, Reuters

U.S. livestock: Hogs dip from two-week high, await trade news

By GFM Network News March 6, 2019

Chicago | Reuters — U.S. lean hog futures retreated on Wednesday after four straight sessions of gains in a technical and profit-taking setback from two-week highs as investors awaited new developments in U.S.-China trade negotiations. Cattle futures also fell broadly, although worries about a late-winter snowstorm forecast for the beef cattle-producing U.S. Plains underpinned the […] Read more

Cattleman’s Corner, Finishers, Markets

Most indicators point to favourable market

Market Update: Numbers for the first quarter show good demand, strong prices

By Jerry Klassen February 6, 2019

Alberta packers were buying fed cattle at $268 on dressed basis in mid-January, which is up $10 from last month. Fed cattle values on a live basis were quoted at $163 in Alberta and US$124 in the U.S. Southern Plains. The market appears to be percolating higher due to tighter than expected market ready supplies. […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Prairie wheat, barley prices still look good

By GFM Network News January 31, 2019

Prices for feed wheat and barley in Western Canada are doing pretty good, according to Nelson Neumann of Agfinity in Edmonton. Feed wheat is up to $6 per bushel in the Edmonton area and about $250 per tonne in the Lethbridge area, he said. Feed barley was still quite strong, although the price had softened […] Read more

Unless the U.S. ethanol industry is reborn to consume and offset the anticipated increase in corn production from extra seeded acres, there will be more feed corn available for sale and the closest market is western Canadian feedlots.

Columns, Markets

The impact of 2018’s big events on agriculture

Several developments in 2018 will impact the future, and grain markets, for years to come

By Brian Wittal January 29, 2019

Many things happened in 2018 that history may eventually define as the events that influenced a major shift in the course of history or world commerce. Here are some events I think fall into that realm. Global politics The battle of words and show of force between the U.S. and North Korea over nuclear armament. […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market easily absorbs adverse weather

By Jerry Klassen, GFM Network News January 29, 2019

Western Canadian feeder markets were relatively unchanged from week-ago levels but there were a couple of unique characteristics in certain regions. Quality yearling packages were $2-$4 higher in Alberta but fleshier replacements were discounted. Eastern Prairie regions had grass cattle under 600 lbs. trading $3 to as much as $8 above week-ago levels. Order buyers […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle market lifts feeder prices

By Jerry Klassen, GFM Network News January 14, 2019

Compared to last week, western Canadian feeder cattle markets traded $4 on either side of unchanged. Early in the week, the market was rather sluggish but a fortuitous bounce in the live cattle futures quickly spilled over into the feeder complex. Yearlings and heavier calves ended the week $2 to $4 higher. Feeding margins are […] Read more

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Prairie grain prices higher than last year

By GFM Network News January 3, 2019

CNS Canada — Nice weather over the holidays allowed for good movement of feed grains in Western Canada, with prices steady to above year-ago levels. “I would say we cruised through Christmas and (the) New Year holidays fairly well. Not a lot of massive panic. We had nice weather which really helped, loads continued to […] Read more

Finishers, Livestock, Markets

Klassen: Favourable margins support feeder market

By Jerry Klassen, GFM Network News January 2, 2019

There were no sales last week with auction barns closed for the holiday season; therefore, we start the year looking forward at factors that will influence the feeder market over the next month. While the feeder market was quiet, feedlot operators were surprised with the U.S. fed cattle market jumping US$3-$4 from seven days earlier. […] Read more

GFM Network News

U.S. livestock: CME cattle tick lower in thin pre-holiday trade

U.S. grains: Wheat extends gains on short covering, war risk

Prairie forecast: Plenty more chances for snow over Holidays

Tag Archives Feedlot

Klassen: Feeder market holds value

Canadian prices divorce from U.S. fundamentals

U.S. livestock: Hogs dip from two-week high, await trade news

Most indicators point to favourable market

Feed weekly outlook: Prairie wheat, barley prices still look good

The impact of 2018’s big events on agriculture

Klassen: Feeder market easily absorbs adverse weather

Klassen: Fed cattle market lifts feeder prices

Feed weekly outlook: Prairie grain prices higher than last year

Klassen: Favourable margins support feeder market

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