Feedlot Archives - Page 21 of 27

Klassen: Stronger fed cattle prices jolt feeder market

By Jerry Klassen, GFM Network News February 20, 2018

Feeder cattle markets came alive last week as fed cattle prices took a fortuitous bounce. Alberta packers were buying fed cattle in the range of $276-$279 on a dressed basis, up approximately $4 from week-ago levels. Improving beef demand enhanced wholesale beef prices, which quickly spilt over into the cattle complex. Compared to last week, […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle rally on stronger Plains cash market

By GFM Network News February 16, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to fresh three-month highs on Friday as firming beef packer bids at U.S. Plains feedlot markets fueled expectations of higher cash cattle sales this week. Tighter supplies of market-ready cattle on feedlot showlists this week helped to support the cash market. Trading later developed […] Read more

Cereals, Corn, Crops

Feed weekly outlook: Supplies tighten as demand rises

By GFM Network News February 15, 2018

CNS Canada — As supplies tighten, Lethbridge feedlots are looking for the cheapest options when it comes to feed. “Supply seems to be tight in general. There’s not a lot of offers on either corn or barley at the moment. And demand is higher than expected coming into March,” said Brandon Motz, sales manager at […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle up on anticipated firm cash prices

By GFM Network News February 15, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures scaled to the highest in at least three months on Thursday on fund and technical buying and as traders anticipated possibly higher cash cattle sales this week. Buying accelerated as futures prices topped highs posted early last week, as the market shrugged off bearish news […] Read more

Cattleman’s Corner, Livestock, Markets

Market message: Time to cut beef production

Market Update with Jerry Klassen: The market will bounce back temporarily, but producers should consider liquidating cows

By Jerry Klassen February 7, 2018

Western Canadian cattle prices have been quite volatile over the past month. Alberta fed cattle prices climbed higher for seven weeks in a row from late November through the first week of January. Alberta packer bids rose from $147 to highs of $167 during this time. The finished market appeared to divorce from the live […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market continues to soften

By Jerry Klassen, GFM Network News January 22, 2018

Compared to last week, yearlings and heavier calves traded $6 to as much as $10 lower. Colder temperatures, along with lacklustre feedlot demand, set a negative tone early in the week. The downward spiral caused the market to be quite variable across the Prairies. It was not uncommon to see 800- to 850-lb. steers trade […] Read more

Finishers, Livestock

JBS to shed U.S. feedlot chain

By Grainews Staff, GFM Network News January 18, 2018

The remaining feedlots in meat packing giant JBS’s Five Rivers Cattle Feeding business, the world’s biggest cattle feeding operation, have found a buyer. JBS on Wednesday announced a deal to sell the U.S.-based assets of Five Rivers to affiliates of New York-based Pinnacle Asset Management for about US$200 million. The deal gives Pinnacle 11 feedlots […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market lacks demand in new tax year

By Jerry Klassen, GFM Network News January 15, 2018

Compared to last week, western Canadian feeder cattle traded $8-$10 lower while U.S. prices were also down $5-$10 from week-ago levels. The feeder market appeared to short-circuit after I thought the market was charged to move higher in last week’s report. Feedlot operators and cattle feeders saturated their demand prior to the New Year and […] Read more

Beef Cattle, Cattleman’s Corner, Markets

Today’s cash cattle market is deceiving

Market Update: It will be a different market in late 2018 compared to late 2017

By Jerry Klassen January 10, 2018

It’s that time of year when most feedlot and backgrounding operations are running near full capacity and the focus turns to marketing. The live and feeder cattle futures had been quite volatile over the past month when this was written in late December, which can make cattle producers quite nervous. While the futures market has […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market ends 2017 on positive tone

By Jerry Klassen, GFM Network News December 27, 2017

Compared to last week, western Canadian feeder cattle markets traded $2 to as much as $6 higher. Moderate to stronger buying interest was noted across the Prairies. Once again, feedlot operators were fairly aggressive on quality yearling packages; semi-weaned and weaned calves were a solid $3-$5 higher while unweaned lighter calves experienced minimal price appreciation. […] Read more

GFM Network News

Canadian agriculture must be seen as growth sector: Blois

Chicken, eggs benefit from demand for economical protein

Spain detects first swine fever cases outside initial Barcelona outbreak zone

Tag Archives Feedlot