Feedlot Archives - Page 19 of 27

Klassen: Feeder market undergoes minor recovery

By Jerry Klassen, GFM Network News May 28, 2018

Compared to last week, western Canadian yearlings sold $3 to as much as $6 higher while calf markets were relatively unchanged. Feeder cattle futures experienced a $5-$7 rally, which quickly renewed optimism in the cash trade. Ideas that yearling supplies will drop below year-ago levels on both sides of the border this August spurred on […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle market drops, feeder market follows

By Jerry Klassen, GFM Network News May 21, 2018

Compared to last week, western Canadian yearling prices were trading $3-$5 lower; markets for calves and feeders fit for grass were unchanged to $3 lower. Alberta packers were buying fed cattle at $242 on a dressed basis, down $20-$28 from seven days earlier. The sharp drop in the fed cattle market caused feedlot operators to […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle rebound on technical buying, short-covering

By GFM Network News May 17, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures bounced on Thursday on technical buying and short-covering following three days of steep declines that had sliced prices by more than five per cent, traders said. Optimism that a deal on a revamped North American Free Trade Agreement (NAFTA) could be reached by the end […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle slump again on falling cash prices

By GFM Network News May 15, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell sharply for a second straight session on Tuesday, pressured by technical selling and weakening cash cattle prices, traders said. Large numbers of slaughter-ready cattle are expected to continue flooding the market over near term and futures prices have slumped in anticipation of a cash […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market faces many headwinds

By Jerry Klassen, GFM Network News May 14, 2018

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Feedlot operators and order buyers were contending with a number of variables which resulted in a defensive tone. First, the Canadian dollar rallied late in the week, derailing any buying interest from south of the border. U.S. feeder cattle markets were also trading […] Read more

Finishers, Livestock, Markets

Klassen: Seasonable temperatures enhance feeder market

By Jerry Klassen, GFM Network News May 9, 2018

Western Canadian yearling markets were actively trading $2-$5 above week-ago levels while prices in the Lethbridge area were up a solid $5 to as much as $10 in some cases. Improving pen conditions, along with a stronger fed cattle market, resulted in a surge of buying interest from southern Alberta operations. Orders from Feedlot Alley […] Read more

Finishers, Livestock, Markets

Klassen: Export, feedlot demand drives feeders higher

By Jerry Klassen, GFM Network News May 1, 2018

Compared to last week, western Canadian yearling prices traded $2-$4 higher while calves and lighter-weight feeders were relatively unchanged. Alberta packers were buying fed cattle on a dressed basis from $270 to $272, up $5-$7 from week-ago levels. This firmer tone in the fed market quickly spilled over into prices for shorter-term replacements. There is […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle rally on Plains cash prices

By GFM Network News April 27, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday as cash cattle at U.S. Plains feedlot markets traded at higher prices amid rising beef values and robust packer margins, traders said. Milder temperatures around much of the country following an unusually chilly stretch of early spring weather is lifting demand for […] Read more

Finishers, Livestock, Markets

Klassen: Spring weather revitalizes feeder market

By Jerry Klassen, GFM Network News April 24, 2018

Compared to last week, western Canadian feeder cattle markets traded $4-$6 higher. Yearlings led the charge higher with quality packages selling $5 to as much as $8 above week-ago levels. The return of seasonal temperatures provided a shot of adrenaline for the feeder market. There are quite a few operations carrying minimal numbers because of […] Read more

Cattleman’s Corner, Cow-Calf, Markets

Calf market will feel the pinch come fall

Market Update: It will take time to work burdensome beef supplies through the U.S. system

By Jerry Klassen April 10, 2018

Alberta fed cattle prices have traded in the range of $162 to $166 throughout February and March, but the market is poised to grind lower during the second quarter due to the large year-over-year increase in second-quarter beef production. Fed cattle are poised for a $15 to $20 drop over the next couple of months […] Read more

GFM Network News

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Tag Archives Feedlot

Klassen: Feeder market undergoes minor recovery

Klassen: Fed cattle market drops, feeder market follows

U.S. livestock: Live cattle rebound on technical buying, short-covering

U.S. livestock: Live cattle slump again on falling cash prices

Klassen: Feeder market faces many headwinds

Klassen: Seasonable temperatures enhance feeder market

Klassen: Export, feedlot demand drives feeders higher

U.S. livestock: Live cattle rally on Plains cash prices

Klassen: Spring weather revitalizes feeder market

Calf market will feel the pinch come fall

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