auction markets Archives

Klassen: Feeding margin uncertainty weighs on feeder cattle market

By Jerry Klassen June 3, 2025

For the week ending May 31, Western Canadian feeder cattle markets traded steady to as much as $10 lower on average. Dryer grass conditions in certain regions of Manitoba and central and northern Saskatchewan may have contributed to the softer tone at certain locations. Many feedlot operators continue to sit on their hands for the […] Read more

Livestock, Markets

Klassen: Feedlots aggressively secure ownership

StatCan cattle inventory report due out soon

By Jerry Klassen August 22, 2023

Compared to last week, yearlings straight off grass sold $3-$5 higher on average. In certain cases, larger groups of higher quality genetics traded $8-$12 above week-ago levels. Auction markets had larger volumes this past week and there was strong demand across all weight categories. It’s that time of year when major operations are stepping forward […] Read more

Machinery, Markets

Ritchie Bros. raises cash payout in bid for IAA

Activist investor Starboard Value buys into Ritchie

By Reuters January 23, 2023

Reuters — Canada’s Ritchie Bros. on Monday sweetened the cash component of its buyout offer for IAA Inc. by 28 per cent, valuing the U.S. auto retailer at US$5.94 billion, and also secured the backing of a key IAA shareholder which had questioned the initial offer. The latest cash-and-stock offer at $44.40 per share, will […] Read more

Livestock, Markets

Klassen: Rising feed grains weigh on feeder market

By Jerry Klassen 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

Livestock, Markets

Klassen: Lethbridge demand drives up yearling market

By Jerry Klassen September 5, 2017

Western Canadian feeder cattle markets traded $5-$8 above week-ago levels. The first major yearling sales occurred in southern Alberta, which appeared to kick-start the buying momentum. Alberta fed cattle prices and wholesale beef values were under pressure; however, feedlot operators were extremely tenacious. Buyers capriciously worked orders throughout the week and by the Friday, quality […] Read more

Livestock, Markets

Klassen: Weaker fed cattle prices pressure feeder market

By Jerry Klassen June 20, 2017

Western Canadian feeder cattle prices traded $3-$7 lower on average, with shorter-keep replacements over 850 lbs. as much as $10 lower in some cases. Alberta packers were buying fed cattle in the range of $159-$161, down nearly $12 from week-ago levels. Most auction markets had limited numbers on offer, with many sales barns in summer […] Read more

Livestock, Markets

Klassen: Feeder cattle market looking forward

By Jerry Klassen January 6, 2015

Auction markets across Western Canada will start off the New Year with fairly strong momentum. Newton’s first law of physics states that an object in motion will stay in motion until acted upon by an opposite force. U.S. fed cattle prices staged a miraculous recovery last week and it now appears we could see further […] Read more

Tag Archives auction markets

Klassen: Feeding margin uncertainty weighs on feeder cattle market

Klassen: Feedlots aggressively secure ownership

Ritchie Bros. raises cash payout in bid for IAA

Klassen: Rising feed grains weigh on feeder market

Klassen: Lethbridge demand drives up yearling market

Klassen: Weaker fed cattle prices pressure feeder market

Klassen: Feeder cattle market looking forward

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