steers Archives - Page 11 of 17

Klassen: Feeder market continues consolidation pattern

By Jerry Klassen, GFM Network News March 19, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. The market was quite variable across the Prairies. Demand from south of the border evaporated due to adverse weather while southern Alberta experienced favourable spring conditions. Alberta packers were buying fed cattle at $260 on a dressed basis, up […] Read more

CME April 2019 live cattle, with August 2019 live cattle in brown. (Barchart)

Finishers, Livestock, Markets

Klassen: Feeder market holds value

By Jerry Klassen, GFM Network News March 12, 2019

Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Buying interest for yearlings was somewhat stronger while calves in the eastern Prairie regions were softer. Moderate temperatures are in the seven-day forecast for most of Western Canada, so the risk discount due to adverse weather has evaporated. Barley jumped an additional […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market sends mixed signals

By Jerry Klassen, GFM Network News March 5, 2019

Compared to last week, western Canadian yearling markets were steady to $4 lower while calves were steady to $2 higher. Barley prices have jumped $3-$6 per tonne over the past week, with winter conditions hindering off-farm logistics. Alberta packers were buying fed cattle in the range of $149-$150 last week; however, in Nebraska, fed cattle […] Read more

Finishers, Livestock, Markets

Klassen: Winter conditions weigh on feeder market

By Jerry Klassen, GFM Network News February 26, 2019

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. The major feeding regions from Alberta to the U.S. Midwest and southern Plains have all experienced severe storms and extreme temperatures. The forecast for southern Alberta calls for lows of -25 to -32 C over the next seven days. Auction markets have a few […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle succumb to negative margins

By Jerry Klassen, GFM Network News February 12, 2019

Alberta fed cattle prices have dropped nearly $15 over the past three weeks. Feedlot margins are deep in red ink, with losses amounting to $200-250 per head. Compared to last week, yearlings and calves over 700 lbs. traded $3-$5 lower; calves under 700 lbs. were down $5-$8 with some feeder markets in Alberta dropping as […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle weakness pressures yearlings

By Jerry Klassen, GFM Network News February 5, 2019

Compared to last week, western Canadian yearlings and calves over 700 lbs. traded steady to $3 lower on average. Weakness in the fed cattle market weighed on the heavier replacements. Alberta packers were buying fed cattle at $155 on a live basis, down $7 from the highs seven days earlier. Barley prices were up $3-$5 […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle market lifts feeder prices

By Jerry Klassen, GFM Network News January 14, 2019

Compared to last week, western Canadian feeder cattle markets traded $4 on either side of unchanged. Early in the week, the market was rather sluggish but a fortuitous bounce in the live cattle futures quickly spilled over into the feeder complex. Yearlings and heavier calves ended the week $2 to $4 higher. Feeding margins are […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market starts year with cautious tone

By Jerry Klassen, GFM Network News January 8, 2019

Western Canadian feeder cattle prices were relatively unchanged to slightly softer compared to mid-December. The market was lightly tested, with direct off farm to feedlot trade, but auction market activity was rather quiet. Winter conditions in southern Alberta caused buyers to be on the defensive, with lighter calves reflecting small discounts; however, vaccinated feeders on […] Read more

Finishers, Livestock, Markets

Klassen: Favourable margins support feeder market

By Jerry Klassen, GFM Network News January 2, 2019

There were no sales last week with auction barns closed for the holiday season; therefore, we start the year looking forward at factors that will influence the feeder market over the next month. While the feeder market was quiet, feedlot operators were surprised with the U.S. fed cattle market jumping US$3-$4 from seven days earlier. […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market ends year on firm tone

By Jerry Klassen, GFM Network News December 24, 2018

Compared to last week, western Canadian feeder markets traded $3-$5 higher. Auction barns in the major feeding regions of Alberta had limited numbers on offer last week; therefore, major operations were sourcing feeders from farther distances. While most feedlots are carrying sufficient numbers, year-end buying was able set the market on a firm tone. April […] Read more

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Tag Archives steers

Klassen: Feeder market continues consolidation pattern

Klassen: Feeder market holds value

Klassen: Feeder market sends mixed signals

Klassen: Winter conditions weigh on feeder market

Klassen: Feeder cattle succumb to negative margins

Klassen: Fed cattle weakness pressures yearlings

Klassen: Fed cattle market lifts feeder prices

Klassen: Feeder market starts year with cautious tone

Klassen: Favourable margins support feeder market

Klassen: Feeder market ends year on firm tone

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