Compared to last week, western Canadian feeder cattle prices were relatively unchanged. However, quality features played a larger role in the price structure. Buyers shied away on fleshier yearlings which […] Read more
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Tag Archives beef production
Klassen: Winter weather weighs on feeder complex
Klassen: Feeder market holds values through volatility
Buyers kept a respectful distance from the market early in the week. Western Canadian feeder cattle markets were lackadaisical due to the bearish sentiment of the U.S. Department of Agriculture’s […] Read more
Klassen: Strong Canadian dollar weighs on feeder market
Compared to last week, western Canadian yearling prices were down $3-$6 on average while calf values dropped $5 to as much as $10 in some cases. Most auction barns held […] Read more
Klassen: Feeder cattle market stabilizes
After the recent rally, cattle buyers noted that price spreads between weight categories came back in line with traditional levels this week. Shorter-keep yearlings were steady to $4 weaker compared […] Read more
Klassen: Feeder cattle prices surge
Western Canadian feeder cattle prices once again traded $3-$5 above week-ago levels, with shorter-keep quality cattle as much as $8 higher. Historically strong feeding margins, along with triple-digit gains in […] 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 […] Read more
Klassen: Renewed confidence lifts feeder cattle market
Western Canadian feeder cattle markets traded $3-$5 above week-ago levels on average; stronger buying interest was noted on short-keep cattle with prices quoted $5 to as much as $8 higher. […] Read more
JBS weighs suspending U.S. IPO
Sao Paulo | Reuters — Brazil’s JBS SA, the world’s biggest meatpacking company, will decide in coming days whether to suspend listing its overseas operations after a corruption scandal, newspaper […] Read more
Klassen: Feeder cattle drop on cautious feedlot demand
Western Canadian feeder cattle markets traded $3 to as much as $8 below week-ago levels as feedlot managers anticipate growing beef supplies during the late spring and summer. Heavier weight […] Read more
Klassen: Tenacious feeder market softens on supply forecasts
Western Canadian feeder cattle prices traded steady to as much as $5 lower over the past week. Early in the week, buyers incorporated a risk discount due to the extremely […] Read more
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