steers Archives - Page 11 of 18

Klassen: Feeder cattle market consolidation continues

By Jerry Klassen, GFM Network News November 12, 2019

Western Canadian feeder cattle markets were unchanged from week-ago levels. Larger pre-sort calf sales were held across the prairies. Buying interest was barely sufficient to support the market at the current levels. The risk tolerance shifted from medium to low this past week. Discounts appeared to be more severe on unweaned and unvaccinated calves. Colder […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market stabilizes

By Jerry Klassen, GFM Network News October 29, 2019

Compared to last week, Western Canadian feeder cattle markets traded $2 to $3 on either side of unchanged. Most auction barns held feature sales over the past week and steady demand was noted across the prairies. Calves appeared to gain momentum late in the week with favorable weather enhancing buying interest; however, yearlings were quite […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market experiences bouncing behaviour

By Jerry Klassen, GFM Network News October 22, 2019

Compared to last week, western Canadian yearling markets traded $2-$4 higher on average; calves traded $2 to as much as $6 higher. The feeder market has recovered after a softer tone earlier in October. Favourable weather in southern Alberta over the past week caused Lethbridge-area feedlots to step forward more aggressively, especially in the lighter […] Read more

CME October 2019 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Finishers, Livestock, Markets

Klassen: Feeder cattle market remains volatile

By Jerry Klassen, GFM Network News September 24, 2019

Western Canadian yearling markets appeared to stabilize after coming under pressure earlier in the month. Compared to last week, yearling prices were unchanged to $4 higher on average while calf markets traded $2-$3 on either side of unchanged. Major feedlots were more aggressive for 800-plus-lb. cattle as feed grain prices continue to grind lower. Favourable […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market recovers

By Jerry Klassen, GFM Network News August 27, 2019

Compared to last week, western Canadian yearling markets traded $4-$6 higher on average; some packages in Alberta sold $8 to as much as $10 above week-ago levels. Larger feedlot operations were very aggressive on 750- to 900-pounders. The quality of yearlings is excellent at this time of year. Comments from the front row suggest most […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market enters summer doldrums

By Jerry Klassen, GFM Network News July 1, 2019

Compared to last week, western Canadian feeder cattle markets traded steady to $5 lower on average. Small volumes were available last week, which distorted the price structure. Many feedlot hands will rotate holidays through July; therefore, feedlot operators don’t want to bring in fresh replacements with a skeleton staff. Recent rains across Saskatchewan and Alberta […] Read more

Finishers, Livestock, Markets

Klassen: Rising feed grains weigh on feeder market

By Jerry Klassen, GFM Network News May 28, 2019

Compared to the previous week, western Canadian feeder cattle markets traded steady to $3 lower over the past week. In some cases, calves were down $4 to as much as $6. Rising feed grain costs weighed on the overall feeder complex. Feed barley in southern Alberta traded in the range of $265-$275 per tonne delivered, […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market continues to soften

By Jerry Klassen, GFM Network News May 13, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower on average with some auctions down $5 to as much as $8. Alberta packers were buying fed cattle on a dressed basis at $258 delivered, down $15 from the April highs. Feeding margins have slid into negative territory quite rapidly and could be […] Read more

CME November 2019 feeder cattle with 20- and 50-day moving averages. (Barchart)

Finishers, Livestock, Markets

Klassen: Feeder cattle rally loses steam

By Jerry Klassen, GFM Network News May 6, 2019

Compared to last week, western Canadian yearlings traded $2-$5 lower while calves were solidly $3 to as much as $8 lower. There’s a limit how far the cash trade can divorce from the futures market. November feeder cattle futures have dropped $12 from contract highs and there is no sign that this slide is over; […] Read more

Finishers, Livestock, Markets

Klassen: Cash feeder market shrugs off lower futures

By Jerry Klassen, GFM Network News April 29, 2019

This past week, Alberta packers were buying fed cattle in the range of $270-$274 on a dressed basis, up $2-$4 from seven days earlier. Strength in the fed cattle market spilt over into the feeder complex as feeding margins moved into positive territory for the first time this year. Compared to last week, western Canadian […] Read more

Daily Network News

Klassen: Stronger barley prices weigh on feeder cattle values

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Tag Archives steers

Klassen: Feeder cattle market consolidation continues

Klassen: Feeder cattle market stabilizes

Klassen: Feeder market experiences bouncing behaviour

Klassen: Feeder cattle market remains volatile

Klassen: Feeder cattle market recovers

Klassen: Feeder market enters summer doldrums

Klassen: Rising feed grains weigh on feeder market

Klassen: Feeder market continues to soften

Klassen: Feeder cattle rally loses steam

Klassen: Cash feeder market shrugs off lower futures

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