(Photo courtesy Canada Beef Inc.)

Klassen: Prolonged negative margins weigh on feeder market

Western Canadian feeder cattle prices traded $5-$10 lower last week, with certain auction barns experiencing a week-over-week decline of $15. After 15 months of devastating margins, feedlots have thrown in the towel. If one of the largest, most sophisticated and efficient feedlots shuts the doors, the smaller players are wondering what they’re doing in this […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market brewing but caution prevails

Western Canadian feeder cattle prices were steady to $4 higher relative to week-ago levels. Yearling volumes are starting to increase in central and northern Alberta while the southern and eastern regions experienced limited activity. Buyers’ opaque attitudes resulted in a firmer tone and no one could feel guilty for a minor intemperance. However, the circumspect […] Read more




(Dave Bedard photo)

Cargill to sell two Texas feedlots

Reuters — Cargill, a top U.S. meat processor, said Friday it will sell two Texas beef cattle feedlots to Amarillo-based Friona Industries pending final agreements and regulatory reviews. Under the deal, Friona will acquire Cargill’s cattle feedlots at Bovina and Dalhart, Texas. Cargill said in a statement it will retain ownership of its cattle feedyards […] Read more





(Doug Wilson photo courtesy ARS/USDA)

Lethbridge feed barley’s spring rally muted

CNS Canada — Lethbridge feed barley should be seeing its largest premium over fall and winter months, but so far this year the market’s spring rally has been limited. “This year all we’ve seen is a $5 to $10 per tonne move higher,” said Jim Beusekom, analyst at Market Place Commodities. “So it’s pretty minimal […] Read more