For the week ending December 28, there were no feeder cattle sales in Western Canada; however, that didn’t stop cattle producers from emailing or calling me over the holidays inquiring about market direction. I thought it would be an opportune time to discuss a couple factors that will influence the market direction over the next couple of months.
Klassen: Feeder market has many factors to digest in 2025
Prairie forecast: Mild, quiet holidays expected
Forecast issued Dec. 24, covering Dec. 24 to Dec. 31, 2024
The weather for this forecast period will be largely controlled by a large, stationary area of low pressure in the Gulf of Alaska. This has been sending wave after wave over energy into coastal B.C. This will result in a predominately west to southwesterly flow across the Prairies—meaning a continuation of mild temperatures as Pacific air dominates.
Klassen: Feeder market finishes 2024 on strong tone
For the week ending December 21, Western Canadian backgrounded cattle and heavier calves were unchanged to $5 lower on average. Calves in the 600-800 pound range were relatively unchanged while calves under 600 pounds were steady to $10 higher.
Bovine tuberculosis case highlights need for traceability
Producers want compensation for disinfection costs after bovine tuberculosis found in Saskatchewan
The Saskatchewan Cattlemen’s Association is emphasizing the importance of biosecurity and record keeping after a positive case of bovine tuberculosis was traced to a cattle herd in that province.
Prairie forecast: Cold start, but then turning mild
Forecast issued Dec. 18, covering Dec. 18 to 25, 2024
To start this forecast period, we have a strong area of Arctic high pressure dropping southeastwards behind the area of low pressure that hit the eastern Prairies earlier in the week. This high will bring a quick shot of cold weather to Saskatchewan and Manitoba from Wednesday to Friday.
Klassen: Feeder market consolidates at higher levels
The market continues to digest the U.S. border closure to Mexican feeder cattle, which is drawing more U.S. demand towards Western Canada. Auction market volumes are declining at this time of year. The quality of cattle was sub-par in some regions which caused prices to be quite variable.
Prairie forecast: Cold start for the east, overall warm, dry expected
Forecast issued Dec. 11, 2024, covering Dec. 11 – Dec. 18, 2024
To start this forecast period, the strong area of low pressure that tracked through the eastern Prairies is now over Hudson Bay. The rotation around this low is opening the door for a strong, very cold Arctic high to build southwards into the eastern Prairies. This looks to bring some of the coldest temperatures so far this winter to eastern Saskatchewan and western Manitoba. The good news is that it doesn't look like the cold air will stick around long.
Klassen: Feeder market continues to surge higher
For the week ending December 7, Western Canadian feeder cattle weighing 700 pounds plus traded $10 to $20 higher compared to seven days earlier. Calves under 700 pounds were up $8 to $10 on average. The markets in Manitoba and Eastern Saskatchewan were premium to Alberta in the heavier categories due to stronger U.S. and Ontario buying interest.
Prairie forecast: Melting in the west, milder in the east
Forecast issued Dec. 4, covering Dec. 4 to 11, 2024
Things are looking not too bad for those who want to see snow or deep freeze temperatures. As we start this forecast period, a strong area of Arctic high pressure is dropping southeastwards over the eastern Prairies behind the strong area of low pressure that zipped through on Tuesday. Over the western Prairies, the weather models show a strong ridge of high pressure building over B.C. which is expected to transition eastwards.
Klassen: Canadian feeder market jumps on trade disruptions
For the week ending November 29, feeder cattle market reports from Manitoba had prices up $20-$40/cwt from week-ago levels. Prices in Saskatchewan and Alberta were up $10 to $20 on average. The market was hard to define this past week with a wide range prices across Western Canada for similar quality and weight cattle.