For the week ending July 1, western Canadian feeder markets traded $2-$5/cwt higher compared to seven days earlier. Quality groups of yearlings were up $8-$10/cwt from a week earlier. South […] Read more
Klassen: U.S. feeder markets pull Canadian values higher
Feedlots aggressively seek U.S. corn
Klassen: Fed market supports feeder complex
Strength in loonie tempers market upside
For the week ending Saturday, western Canadian yearlings over 800 lbs. were relatively unchanged. Feeder cattle in the range of 600-700 lbs. were up $4-$8/cwt. The market was hard to […] Read more
Dry weather trims yield estimates for North American crops
Crop conditions deteriorate in U.S. Midwest, Ontario could experience yield drags
From May 15 through June 15, the bulk of the Ontario growing region received 40-60 per cent of normal precipitation and some pockets received less than 40 per cent of […] Read more
Klassen: 800-lb. steers touch $300/cwt mark
Nearby cash market at odds with futures
For the week ending June 17, western Canadian feeder cattle prices were quoted $2-$5/cwt higher on average compared to seven days earlier. However, larger packages of quality yearlings traded $8-$10/cwt […] Read more
Klassen: Feeder cattle under 500 lbs. jump over $400
U.S. beef output expected down in 2024
Compared to last week, western Canadian yearling prices for 800-lb.-plus cattle traded $8-$10/cwt higher. Feeder cattle in the range of 600-800 lbs. were up $6-$8/cwt on average. Calves weighing 500-600 […] Read more
Brazilian soy bounty weighs on prices
New crop corn prices could be bullish if U.S. yields dip in face of dry weather
Ontario received average to below average precipitation in May and temperatures were cooler than normal. Ontario farmers have finished planting and emergence of the row crop is 10-14 days behind […] Read more
Klassen: Texas flooding lifts Canadian feeder market
Fed cattle in counter-seasonal trend
For the week ending Sunday, western Canadian feeder cattle markets traded $6-$8 higher. In some cases, quality yearling packages traded as much as $10 above week-ago levels. Live and feeder […] Read more
Klassen: Canadian feeder market rationing demand
Improvement seen in feeding margins
For the week ending Saturday, western Canadian feeder markets averaged $3-$6/cwt higher compared to seven days earlier. Weakness in the Canadian dollar along with strength in the deferred live cattle […] Read more
Record corn, soybean crops predicted for U.S.
Both winter and hard red spring wheat will struggle to surpass year-ago levels
Weather in Ontario has been variable over the past month. Corn and soybean planting progressed rapidly in the southwest. The northern region has been plagued with excessive precipitation while central […] Read more
Klassen: Weather forecasts underpin feeder market
High forage costs pose problem for cow-calf expansion
For the week ending Saturday, western Canadian feeder cattle markets were relatively unchanged from seven days earlier. The finishing feedlot operator appears to be dominating the feeder market across all […] Read more