(Photo courtesy Canada Beef Inc.)

Klassen: Stronger fed cattle market pulls feeders upward

Feedlots becoming more current with production

Compared to last week, western Canadian yearling and calf markets were quoted steady to $5 higher on average. Strength was noted in southern Alberta. In the Lethbridge area, prices for lighter flesh replacements were up as much as $10 from seven days earlier. Larger supplies of backgrounded cattle are coming on the market at this […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Grains wait for demand to pick up

Trucking availability still seen as an issue, but less of one

MarketsFarm — As feed barley continued to sit in a lull, there have been some increases in feed wheat, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “There’s a little of downward pressure on barley,” Motz said, noting demand for it is expected to soon pick up. Feed wheat prices have increased recently, […] Read more


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Klassen: Feeder market scaling fresh heights

Heifer retention expected in U.S. this spring

Compared to last week, western Canadian yearling markets traded $5 to as much as $10 higher. Replacements in the 650- to 800-lb. category were up $6-$12; calves under 650 lbs. were relatively unchanged although volumes were limited. Lightweight calves were hard to come by last week. Weather may have been a factor. Many factors contributed […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Corn the choice crop in feedlots

'Bigger feedlots are looking for volume'

MarketsFarm — Copious amounts of corn are still being delivered to feedlots in southern Alberta despite slowly declining prices for other feed grains. “Corn is coming down over the last little bit,” Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said. “You think that there would be a little bit more barley hitting the market. […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market continues the climb

Statistics show tightening supplies in Canada, U.S.

Compared to last week, western Canadian feeder markets yearling markets traded $2-$5 higher. Replacements in the 700- to 800-lb. weight category appeared to jump $5 to as much as $15 in some cases. Calves weighing 500-700 lbs. were unchanged to $4 higher on average after rallying nearly $20 over the past month. There were limited […] Read more

Photo: File

Feed weekly outlook: Barley exports slowing down, local prices steady

Feedlots relatively well covered

MarketsFarm — Canadian barley exports slowed down in January, but out-of-country movement is still running ahead of the year-ago pace, according to updated export data from the Canadian Grain Commission. Canada exported 131,100 tonnes of barley from licensed facilities in January, with China the top customer taking 100,500 tonnes. Total barley exports were well off […] Read more


Understanding feedlot margins

Understanding feedlot margins

Market Update with Jerry Klassen: Much depends on having a risk management plan in place

Feeding cattle is a unique business. Feedlot margins are often in negative territory. When there is a profitable period, it is relatively short lived.  I often receive calls from cow-calf producers and other readers asking about margins for the feedlot operator. How can feedlots continue to operate after a prolonged period of negative margins?  In […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Calves jump on corn outlook

Softer barley values underpin yearling market

Compared to last week, western Canadian feeder cattle markets traded $5 to as much as $12 above week-ago levels. Alberta packers were buying fed cattle on a dressed basis in the range of $332-$335 delivered, up $5-$8 from last week. Stronger fed cattle prices and softer barley values underpinned the yearling market. Buyers were finicky […] Read more


(Photo courtesy Canada Beef Inc.)

Feed grain weekly: Prices slip back on good supplies

Demand for corn from Manitoba, U.S. wanes

MarketsFarm — There are sufficient supplies of feed barley, wheat and corn across the Prairies, according to Evan Peterson, trader with JGL Commodities. In turn, that’s putting pressure on prices. Peterson said a shortage of trucks and truck drivers last summer and fall led buyers to acquire as much feed as possible to get through […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market stabilizes after recent climb

Calf prices in Manitoba show premium over Alberta

Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged. Replacements weighing 650-800 lbs. appeared to traded steady to $4 higher while calves under 650 lbs. were steady to $4 lower. The cost per pound gain is reaching unprecedented levels and fleshier cattle were discounted quite severely in some cases. […] Read more