feedlots Archives - Page 26 of 41

CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Klassen: Feeder market remains under pressure

By Jerry Klassen, GFM Network News February 4, 2020

Compared to last week, western Canadian feeder cattle prices were steady to $3 lower in Alberta while prices eroded by $2-$5 in Saskatchewan and Manitoba. Noticeable weakness was evident in yearling prices, while grass cattle experienced limited slippage. Backgrounding operators are starting to liquidate fall-placed calves. Quality was quite variable, with fleshier cattle experiencing sharper […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Rally likely to end soon

By GFM Network News January 30, 2020

MarketsFarm — After a bit of a rally for feed grain prices over the last three to four weeks, the feedlots are on the full side, said Brandon Motz of CorNine Commodities at Lacombe, Alta. “That normally means we back off a little bit,” he said, noting there hasn’t been an uptick in deliveries with […] Read more

Barley, Crops, Markets

Feed weekly outlook: Temperatures rise, Prairie bids cool down

By GFM Network News January 24, 2020

MarketsFarm — Feed grain bids in southern Alberta are cooling down as temperatures warm up after a bitter cold spell earlier in the month. After dealing with temperatures in the -20 C to -34 C range over much of the week ended Jan. 17, conditions in the key Lethbridge feeding area have flipped the other […] Read more

CME April 2020 live cattle with 20-. 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle stumble to two-month low ahead of USDA report

Lean hogs follow cutout values higher

By GFM Network News January 23, 2020

Chicago | Reuters — U.S. live and feeder cattle futures dropped to their lowest prices in about two months on Thursday as traders adjusted positions before a government report that is expected to show an increase in supplies. Hog futures, meanwhile, advanced to their highest prices in about two weeks. The U.S. Department of Agriculture […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Best not to wait to sell

By GFM Network News January 16, 2020

MarketsFarm — As warmer winter temperatures are bound to happen, the sooner farmers can sell their feed grain the better, said Nelson Neumann, senior trader for Agfinity at Stony Plain, Alta. “There’s still a lot of high-moisture feed grain that’s in storage and frozen,” he said, commenting “I wouldn’t be surprised if we saw a […] Read more

Barley, Crops, Markets, Spring Wheat, Weather

Feed weekly outlook: Firm undertone to Prairie grains

By GFM Network News January 9, 2020

MarketsFarm — Solid demand from cattle feeders and ongoing logistic issues across the Prairies should keep a firm undertone in the feed grain market for the time being, according to an Alberta broker. “The feed market has definitely moved higher,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., adding “demand is strong through feedlot […] Read more

CME March 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Finishers, Livestock, Markets

Klassen: Fed cattle market underpins feeder cattle prices

By Jerry Klassen, GFM Network News January 7, 2020

Alberta packers were buying fed cattle on a dressed basis at an average price of $275 delivered, which equates to $165 on a live basis. Fed cattle prices are now at 52-week highs and feeding margins are in the range of $50 to $70 per head. Strength in the cash fed cattle market was supportive […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Steady now but supplies will weigh

By GFM Network News January 3, 2020

MarketsFarm — Recent strength in U.S. wheat futures may be lending some spillover support to Canadian feed grain bids, but large supplies and a lack of aggressive demand kept the market steady heading into the New Year. The rise in wheat futures “has made the farmer a more reluctant seller,” said Allen Pirness of MarketPlace […] Read more

Finishers, Livestock, Markets

Klassen: Improving margins support lightweight feeder cattle

By Jerry Klassen, GFM Network News December 24, 2019

Compared to last week, Western Canadian feeder cattle markets traded $2 to $4 on either side of unchanged; however, calves under 650 pounds were steady to as much as $5 higher. Bids from Alberta packers were sharply higher with fed cattle trading in the range of $160 to $162 on Friday, up $5 to $6 […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market volatility continues

By Jerry Klassen, GFM Network News December 17, 2019

Compared to last week, western Canadian feeder cattle markets traded steady to $5 higher on average. For the second week in a row, the markets were quite variable across the Prairies but shorter-keep yearlings appeared to lead the charge higher. In Alberta, quality 900-lb. steers were once again touching the $190 level and 800-lb.-plus steers […] Read more

GFM Network News

U.S. grains: Soybeans retreat after rally, wheat holds at three-month high

Klassen: Feeder market drops sharply

Dryness, drought likely to persist says forecaster

Tag Archives feedlots

Klassen: Feeder market remains under pressure

Feed weekly outlook: Rally likely to end soon

Feed weekly outlook: Temperatures rise, Prairie bids cool down

U.S. livestock: Cattle stumble to two-month low ahead of USDA report

Feed weekly outlook: Best not to wait to sell

Feed weekly outlook: Firm undertone to Prairie grains

Klassen: Fed cattle market underpins feeder cattle prices

Feed weekly outlook: Steady now but supplies will weigh

Klassen: Improving margins support lightweight feeder cattle

Klassen: Feeder cattle market volatility continues

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