Compared to last week, western Canadian feeder cattle markets were relatively unchanged but a softer tone was noted in the non-major feeding regions. Most auction barns are in summer mode and the quality of feeders coming on the market is quite variable. However, at major centers in Alberta, healthy strings of yearlings were well bid […] Read more
Tag Archives auctions — page 4
Klassen: Weaker fed cattle prices weigh on feeder market
Rain-soaked pens sidelined some Alberta feedlots
India to let farmers sell produce directly to traders, retailers
Current system seen reducing farmer bargaining power
New Delhi | Reuters — India is to allow farmers to sell produce directly to bulk buyers such as trading companies, food processors and large retailers, the farm minister said on Wednesday. This would obviate the need for farmers to bring their produce to India’s more than 7,000 regulated wholesale markets and let buyers buy […] Read more
Community and economy meet at Hoards Station
The livestock exchange works to remain competitive as sales barn numbers decrease
Sales barns like Hoards Station Community Livestock Exchange continue to provide a key service to livestock farmers, both in selling their animals and in being a place for community to gather. Why it matters: Livestock exchanges provide a place for local marketing and price discovery. Sales barns themselves are a place where old traditions meet […] Read more
Klassen: Large feedlot inventories lower feeder demand
Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged and mid-weight feeders (600-850 lbs.) were steady to $2 lower, but calves under 600 lbs. were unchanged to as much as $10 lower. Prices were quite variable across the Prairies, which made the market hard to define. The market appeared […] Read more
Elmira hay and straw auction continues successful record
Prices have fluctuated this year based upon availability
Sales of dry hay and straw have been strong at the Elmira Produce Auction Co-operative so far this year. One grower at the July 24 sale said he was happy with the selling price of his dry hay as well as the efficiency of the auction. “It’s our first time here, we have some hay […] Read more
Klassen: Feedlot operators aggressively bid up feeders
Western Canadian feeder cattle continued the upward trend trading $5 to $8 above week-ago levels on average with higher quality feeders as much as $12 higher. Alberta packers were buying cattle near $177 on a live basis, which is about $35 above breakeven pen closeouts. Ongoing strength in the fed cattle market set a positive […] Read more
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