Just when I thought feeder cattle prices were stabilizing, once again the unexpected occurs. A sharp rally in U.S. grain futures, along with weaker fed cattle prices, caused western Canadian […] Read more
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Tag Archives beef prices
Klassen: Limited buying interest softens feeder market
U.S. livestock: Fund selling drops CME live cattle limit down
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply lower on Monday, with nearby contracts down by their three-cent-pr-pound daily price limit, shaken by sell stops and […] Read more
Klassen: Feeder cattle market garners support
Western Canadian feeder cattle markets were relatively stable over the past week while prices in the major feeding regions were $2 to $5 higher. Alberta fed cattle prices were $2 […] Read more
U.S. livestock: Cattle tumble on technical selloff, beef woes
Chicago | Reuters –– U.S. live cattle futures fell to 1-1/2-month lows and feeder cattle declined by nearly three per cent on Tuesday in a technical selloff triggered by ample […] Read more
Klassen: Feedlot operators throw in towel on feeder market
Weaker wholesale beef values, along with softer fed cattle prices, set a negative tone for the feeder cattle market this past week. Western Canadian feeder markets were trading $4-$8 below […] Read more
U.S. livestock: Live cattle, feeders mixed on beef declines
Chicago | Reuters — U.S. live cattle and feeder cattle futures were flat to narrowly mixed on Monday as lower wholesale beef prices suggested demand for the meat was slowing, […] Read more
Klassen: Feeder cattle trade lower
The “one-week wonder” from seven to 10 days ago appears to have evaporated; a softer sentiment blanketed Western Canada this week, with feeder markets dropping $4 to $6 on average. […] Read more
Klassen: Feeder cattle mixed across the Prairies
Market sentiment can be extremely variable and this week, we saw a large divergence in the price structure across the Prairies. Alberta feeder cattle prices were generally $3 to $6 […] Read more
Klassen: Buyers risk-averse on feeder cattle
Western Canadian feeder cattle markets were trading $5-$10 below values seven days earlier. Sharper declines were noted on heavier replacements over 800 lbs., which at times sold for $15 below […] Read more
Klassen: Lower fed cattle market pressures feeders
Western Canadian feeder cattle prices were trading $5-$10 below week-ago levels on average last week. Fully weaned vaccinated calves were trading down $5-$8 while semi-weaned bawlers were down a solid […] Read more
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