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Tag Archives Feedlot

(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

Klassen: Feeder market experiences softer demand

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Compared to last week, western Canadian feeder cattle sold $4-$6 lower on average. Feedlot operators backed away from the markets due to stronger feed grain prices and weakness south of the border. Certain regions of the U.S. Midwest and southern Plains have experienced adverse weather, which caused U.S. feeder cattle prices to experience a week-over-week […] Read more
Both Canada and U.S. calf crop numbers are estimated higher from last year.
Cattleman’s Corner, Finishers, Markets

Calf production numbers increase forecast

Market Update: Producers need to be ready with risk management plans

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Alberta fed cattle prices have come under pressure over the past month. Alberta packers were buying fed cattle in the range of $147 to $149 during the second week of November, down $4 to $6 from a month earlier. Weakness in the fed cattle market has spilled over into the feeder complex. Western Canadian yearling […] Read more
CME August 2019 live cattle (red) and January 2019 feeder cattle (blue). (Barchart)
Finishers, Livestock, Markets

Klassen: Feeder market searching for direction

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Western Canadian feeder cattle markets were quite variable from seven days earlier. Prices were unchanged in the eastern Prairie regions; however, Alberta markets traded $3 to as much as $7 below week-ago levels. Alberta and Saskatchewan feedlot inventories are running 16 per cent above year-ago levels, so there’s limited buying power available. Calves are fleshier […] Read more
Time to buy cattle price insurance
Cattleman’s Corner, Finishers, Markets

Time to buy cattle price insurance

Market Update: Cow-calf producers should sell their feeders with the lofty futures and historically strong basis

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Alberta packers were buying fed cattle in the range of $151 to $153 on a live basis in mid-October, up approximately $10 from a month earlier. While Alberta prices have been percolating higher, fed cattle values in Kansas have hovered around US$111 on a live basis over the past four weeks. Market-ready supplies of fed […] Read more
Klassen: Stronger demand supports feeder market
Beef Cattle, Finishers, Livestock, Markets

Klassen: Stronger demand supports feeder market

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Western Canadian feeder cattle markets jumped $2-$5 last week, after adverse weather caused buyers to shy away earlier in October. Major feedlot operators were very aggressive on quality yearling packages and heavier weaned vaccinated calves. Many operations have limited ownership at this time of year because wet, cold weather conditions delayed purchases. The market appeared […] Read more
The feeder cattle market remains firm heading into fall, says Jerry Klassen.
Cattleman’s Corner, Feed markets, Finishers

Cattle producers eyeing feed grain prices

Market Update: Feeding expected to get more expensive — something has to give

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Feedlot operators have had a very strenuous spring and summer. Margins have been hovering in negative territory while feed barley prices have been percolating higher. Feeder cattle prices are actually higher than year-ago levels despite the strong feed grain prices and a year-over-year increase in the U.S. calf crop. The Canadian dollar has been trading […] Read more

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