feedlots Archives - Page 27 of 42

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

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

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Grains pressured by lower demand

By GFM Network News December 12, 2019

MarketsFarm — Bids for feed grains have backed off previous highs as feedlots in Western Canada are covered into the New Year. “Now they’re bidding January and forward,” said Allen Pirness of Market Place Commodities in Lethbridge. Bids for feed barley and feed wheat delivered from January to March were around $220 per tonne, according […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market under weight of imports

By Jerry Klassen, GFM Network News December 10, 2019

Compared to last week, western Canadian feeder cattle markets traded $5 lower to $2 higher. It’s that time of year when most feedlots are carrying sufficient numbers and buyers are hesitant to increase ownership unless they can see profitability. Auction market volumes contained weaned and unweaned calves over the past week; premiums returned for feeders […] Read more

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

Finishers, Livestock, Markets

Klassen: Feeder cattle edge higher on improving margins

By Jerry Klassen, GFM Network News December 3, 2019

Compared to last week, western Canadian yearlings were $2-$3 higher; calf prices were $2 to as much as $4 higher; calves under 600 lbs. were $4 to as much as $10 higher in some cases. February and April live cattle futures appear to be incorporating a risk premium due to the uncertainty in beef production […] Read more

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Tag Archives feedlots

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

Feed weekly outlook: Grains pressured by lower demand

Klassen: Feeder cattle market under weight of imports

Klassen: Feeder cattle edge higher on improving margins

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