feedlots Archives - Page 20 of 41

A corn crop near London, Ont. in July 2021. Relatively good yields down east may lead to more Prairie livestock feeders “jumping on the corn bandwagon.” (Farmtario photo by John Greig)

Feed weekly outlook: Crop estimates show severity of drought

'Corn bandwagon' filling up

By GFM Network News September 3, 2021

MarketsFarm — Preliminary crop yield estimates released by Statistics Canada on Monday outlined just how severely the drought in Western Canada cut into production. Mike Fleischhauer, general manager for Eagle Commodities at Lethbridge, Alta., was not at all surprised by the numbers. “I think we knew that was happening all along,” he said. “There are […] Read more

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: New crop expected to stabilize feed prices

Drought will drag Prairies' yields much lower

By GFM Network News August 19, 2021

MarketsFarm — New crop is starting to make its way into feed grain bins as the annual harvest gets underway in Alberta. However, due to the drought conditions which have enveloped Western Canada, yields will be much lower than normal. “(The yields are) generally lower than expected and (there’s been) some disappointment,” said Allen Pirness, […] Read more

Beef Cattle, Livestock, Markets

Klassen: Yearlings hold value while calves remain under pressure

By Jerry Klassen, GFM Network News August 10, 2021

Compared to last week, Western Canadian yearling prices were relatively unchanged while calves were once again $2 to $4 lower. Featherlight bawlers were down $4 to as much as $8 from week-ago levels. The tight feed grain supply situation continues to set the price structure for feeder cattle. Yearlings straight off grass held a slight […] Read more

CME August 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Live cattle futures, boxed beef prices drop

Average hog weights down on week

By Tom Polansek, GFM Network News July 7, 2021

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures approached a four-week low on Wednesday as U.S. beef prices declined. The drop in futures extended a four per cent setback from a contract high that most-active August live cattle reached last month. Prices for beef shipped to wholesale buyers in large boxes have also […] Read more

Barley, Crops, Markets, Spring Wheat, Weather

Feed weekly outlook: New-crop prices to rise

By GFM Network News June 25, 2021

MarketsFarm — Well covered with grain for now, feedlots are beginning to set their sights on the new crop. Drought conditions on the Prairies and the U.S. northern Plains are causing new-crop feed wheat and feed barley prices to go up, according to a Saskatchewan-based trader. “Demand for old crop (is) dwindling and the focus […] Read more

Barley south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets, Weather

Feed weekly outlook: Rains, demand keep bids down

By GFM Network News June 18, 2021

MarketsFarm — While recent wet weather on the Prairies has helped bring down prices for feed grains, demand — or a lack thereof — has been another primary factor. “The rains have definitely affected (prices) a bit, but probably not to the extent demand has,” said Erin Harakal, trade manager for Agfinity at Stony Plain, […] Read more

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Barley, Crops, Markets

Feed weekly outlook: Saskatchewan barley price spikes, drops

By GFM Network News May 20, 2021

MarketsFarm — It was a tale of two weeks for Saskatchewan feed barley prices. The high-delivered bid for the crop on May 11 bolted from $6 per bushel to $6.75 in one day, according to Prairie Ag Hotwire data. Saskatchewan’s price spike put the bid only 80 cents behind Alberta’s. However, on May 19, while […] Read more

Finishers, Livestock, Markets

Klassen: Cattle producers facing drought-like conditions

By Jerry Klassen, GFM Network News May 4, 2021

Alberta packers were buying fed cattle on a dressed basis in the range of $262-$265 delivered this past week. Using a 60 per cent grading, the live price would be in the range of $157-$159. If a feedlot booked the bulk of its feed grains earlier in winter, feeding margins are now hovering in positive […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle divorce from futures’ direction

By Jerry Klassen, GFM Network News April 27, 2021

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Higher-quality yearlings and calves were steady to $4 higher in Alberta and Saskatchewan; in Manitoba, yearlings traded $2-$4 lower while calves were $3-$5 higher. Domestic cattle markets appeared to divorce from feeder and live cattle futures. June live cattle futures finished the week […] Read more

CME August 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, dark red lines). (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle futures climb on USDA report

Lean hog futures' gains continue

By Christopher Walljasper, GFM Network News April 26, 2021

Chicago | Reuters — U.S. live cattle futures gained on Monday, supported by Friday’s monthly Cattle on Feed report that showed smaller-than-expected placements, traders said. Chicago Mercantile Exchange June live cattle futures settled 0.55 cent higher at 116.275 cents/lb. while the August contract ended 1.1 cents higher at 117.95 cents (all figures US$). “It wasn’t […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News