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Tag Archives feedlots

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Demand for shortkeep feeders drives complex higher

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Most auction barns were in holiday mode last week, which made the market hard to define. However, comments from local buyers suggest demand is building for shorter-term replacements due to healthy feedlot margins. Small groups were on offer with limited numbers available, and there was a wide range on similar weight classes across the Prairies. […] Read more
(Photo courtesy Canada Beef Inc.)
Cereals, Crops, Markets

Low-quality feed being dumped on market

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CNS Canada — Prices for feed barley and wheat don’t appear ready to spike anytime soon, as farmers across Western Canada continue to dump supplies containing high concentrations of vomitoxin and fusarium into feedlots. “Steady as it goes here is the tone,” said Allan Pirness of Market Place Commodities in Lethbridge. “We’re looking to clean […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder market starts new year on firm tone

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February live cattle futures reached six-month highs during the last week of 2016, which quickly spilled over into western Canadian feeder cattle markets. While most auction barns were closed for the holiday season, there was some direct off-farm-to-feedlot movement. Limited sales were reported, but values were $2-$6 higher compared to the third week of December. […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle markets establish fundamental equilibrium

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Western Canadian feeder cattle markets were relatively unchanged from week-ago levels as most auction barns held featured or pre-sort calf sales. However, premiums of $3 to as much as $8 were noted on pre-conditioned, quality-weaned replacements. Time in the market is more important than timing the market; longer term risk adverse feeding reinforced the fact […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Prolonged negative margins weigh on feeder market

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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.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market brewing but caution prevails

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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

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