feedlots Archives - Page 22 of 41

Klassen: Feeder cattle prices digesting uncertainty

Defensive tone likely through January

By Jerry Klassen, GFM Network News January 5, 2021

The feeder cattle market was very quiet during the last week of December with auction barns in holiday mode. There were discussions regarding direct sales but no actual business was confirmed. The stakes are too high given the market uncertainty; a defensive tone will likely continue throughout January. Feed grains continue to percolate higher; the […] Read more

Beef Cattle, Cow-Calf, Finishers, Livestock, Markets

Klassen: Lighter calves end year on positive tone

By Jerry Klassen, GFM Network News December 29, 2020

Compared to last week, Western Canadian feeder cattle prices were $2 lower to $3 higher depending on the region. Many auction markets were in holiday mode last week and thinner volumes made the market harder to define. Generally speaking, the market was supported by stronger deferred live cattle futures and a slightly weaker Canadian dollar; […] Read more

Beef Cattle, Cow-Calf, Finishers, Livestock, Markets

Klassen: Fed cattle prices supporting calf market

By Jerry Klassen, GFM Network News December 22, 2020

Alberta packers were buying fed cattle in the range of $139 to $140 last week, up $1 to $2 from seven days earlier. Strength in the nearby fed cattle market along with the recent rally in the live cattle futures has been supportive for calves under 600 pounds. Compared to last week, Western Canadian yearling […] Read more

Barley, Crops, Markets

Feed weekly outlook: Barley market cools ahead of New Year

More strength is still likely, however

By Phil Franz-Warkentin, GFM Network News December 18, 2020

MarketsFarm — The feed market in Western Canada may be stabilizing heading into the holiday season, but underlying fundamentals remain supportive and could lead to more strength in the New Year. While the market was holding steady in mid-December, “I think it will go back up in January/February/March,” said Mike Fleischhauer of Eagle Commodities in […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder cattle market volatility continues

By Jerry Klassen, GFM Network News December 16, 2020

Compared to last week, western Canadian feeder cattle markets traded $3 lower to $3 higher. Prices were generally steady to $3 higher on Friday after the U.S. Department of Agriculture lowered its estimate for second-quarter beef production by 125 million lbs. in Thursday’s world agricultural supply and demand estimates (WASDE). Fed and feeder cattle futures […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market takes direction from live cattle futures

By Jerry Klassen, GFM Network News December 8, 2020

Compared to last week, western Canadian yearling markets traded steady to $4 lower; midweight calves traded $3 lower to $3 higher and calves under 550 lbs. were relatively unchanged. Yearling supplies are limited at this time of year but demand is also hard to find. These cattle will come on the fed market during the […] Read more

CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Live cattle futures step back on demand uncertainty

Lean hogs down with pork production up

By Christopher Walljasper, GFM Network News December 5, 2020

Chicago | Reuters — Live cattle futures fell on Friday as a third day of softer wholesale beef prices brought retailer demand into question, traders said. “Wholesale beef prices appear to have topped again and could head lower into the holidays, other than some late buying by retailers last minute,” said Doug Houghton, technical analyst […] Read more

Barley, Crops, Markets

Feed weekly outlook: Barley bids firm as feeders seek coverage through spring

By Phil Franz-Warkentin, GFM Network News November 26, 2020

MarketsFarm — Feed barley bids held firm through November in Western Canada, with higher prices for deferred delivery as feedlots work to secure supplies in the face of solid export demand. Spot feed barley bids in the Lethbridge, Alta. area have held in the $270-$275 per tonne range through November, said Jim Beusekom of Market […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market incorporates risk discount

By Jerry Klassen, GFM Network News November 24, 2020

Compared to last week, western Canadian yearling prices were unchanged; however, calves weighing 550 to 800 lbs. traded $3-$5 lower. The market for calves under 550 lbs. traded $5 lower to $3 higher. Early in the week, prices were showing some strength in the lighter weight categories but buying enthusiasm waned from Wednesday through Friday. […] Read more

Finishers, Livestock, Markets

Klassen: Calf prices ratcheting higher

By Jerry Klassen, GFM Network News November 18, 2020

Compared to last week, western Canadian yearling markets traded $2-$4 on either side of unchanged; mid-weight calves were also unchanged while lighter calves traded steady to as much as $6 higher. Alberta and Saskatchewan have experienced adverse weather over the past couple of weeks; however, feedlots in southern Alberta appeared to be more aggressive for […] 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