steers Archives - Page 9 of 17

Klassen: Feeder market digesting lower beef demand

By Jerry Klassen, GFM Network News March 17, 2020

Compared to last week, western Canadian yearling prices were down $12-$18; mid-weight calves were down $10 to as much as $15 while calves under 550 lbs. were down $4-$8. The market is incorporating a risk discount due to uncertainty in beef demand for the second and third quarters of 2020. Feedlot margins are in negative […] Read more

An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)

Beef Cattle, Finishers, Livestock, Markets

Klassen: Coronavirus fears weigh on feeder markets

By Jerry Klassen, GFM Network News March 3, 2020

Western Canadian feeder prices were not immune to the meltdown of financial and commodity markets last week. Buyers appeared to incorporate a risk discount due to uncertainty in beef demand over the next few months. Compared to last week, larger groups of quality yearlings traded $3-$5 lower while smaller packages were down $4 to as […] Read more

Finishers, Livestock, Markets

Klassen: Calves remain firm while yearlings falter

By Jerry Klassen, GFM Network News February 25, 2020

Compared to last week, western Canadian yearling markets traded $3-$5 lower while calves and grassers traded within $5 on either side of unchanged. Calves were extremely variable with similar weight cattle sometimes trading $6-$8 apart at the same sale. Supplies of calves coming on the market appear to be lower than last year. This may […] Read more

Finishers, Livestock, Markets

Klassen: Calf prices divorce from yearling markets

By Jerry Klassen, GFM Network News February 18, 2020

Compared to last week, yearling prices were steady to as much as $4 lower depending on the region in Western Canada. Alberta packers were buying fed cattle at an average price of $252 on a dressed basis, down $6-$8 from last week and down about $20 from the last week of January. Weakness in fed […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market lacks buying interest

By Jerry Klassen, GFM Network News January 29, 2020

Compared to last week, western Canadian feeder cattle markets traded $2-$5 lower on average. Values in Alberta were relatively unchanged but markets in the eastern Prairie regions appeared to trade $4 to as much as $6 below week-ago levels. Alberta yearlings were relatively unchanged, but noticeable slippage was noted in the non-major feeding regions. Feedlots […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market starts 2020 on steady tone

By Jerry Klassen, GFM Network News January 14, 2020

Compared to last week, short-keep replacement cattle and feeders in the mid-weight categories were steady to $3 lower on average; feeder cattle under 600 lbs. traded $2 lower to as much as $5 higher. Featherlight calves remain strong trading at similar levels to late December. Most auction markets resumed their regular sales schedules last week. […] 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

Finishers, Livestock, Markets

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

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Tag Archives steers

Klassen: Feeder market digesting lower beef demand

Klassen: Coronavirus fears weigh on feeder markets

Klassen: Calves remain firm while yearlings falter

Klassen: Calf prices divorce from yearling markets

Klassen: Feeder market lacks buying interest

Klassen: Feeder market starts 2020 on steady tone

Klassen: Feeder cattle edge higher on improving margins

Klassen: Feeder cattle market consolidation continues

Klassen: Feeder cattle market stabilizes

Klassen: Feeder market experiences bouncing behaviour

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