For the week ending January 25, Western Canadian feeder cattle markets traded $$3-$6/cwt on either side of unchanged compared to seven days earlier. Higher quality genetics and lower flesh replacements were slightly firmer; however, feedlot operators incorporated the appropriate discounts on fleshier types and lower efficiency, smaller frame animals.
Tag Archives Beef — page 6
Klassen: Western Canadian feeder market holds value on Ontario demand
Ontario pledges $100 million increase to Risk Management Program
Farm groups have been calling for the increase as they considered the program underfunded
The Risk Management Program (RMP) is getting a $100 million boost over three years from the Ontario government. “Our government promised farmers we would continue to expand and enhance RMP, and with this historic investment, we have delivered,” said Rob Flack, minister of Agriculture Food and Agribusiness at VanQuaethem Farms Ltd. in Eden, Ont., January […] Read more
Klassen: Increased feeder cattle selling caps upside momentum
There was a surge in farmer selling across Western Canada last week. Sales volumes were larger than normal at many auction barns. The fear that President Trump would implement a tariff on feeder cattle ignited fears that that market would drop sharply.
Klassen: Demand surges for beef, live cattle and feeder cattle
For the week ending January 11, Western Canadian feeder cattle prices were up $15-$20/cwt compared to the week ending December 21, 2024. In eastern Saskatchewan and Manitoba, quality packages of steers 800 pounds and over traded $20/cwt to $25/cwt higher compared to three weeks earlier.
Inflation pressure prompts proposed Beef Farmers of Ontario check-off increase
Beef Farmers of Ontario (BFO) members will vote on a $1.50 check-off increase in February at the annual general meeting. Inflation, maintaining current services and aligning Ontario’s support of national groups with other provinces are the catalysts for the increase, explained Craig McLaughlin, BFO president, to attendees of Beef Day at the Grey Bruce Farmers […] Read more
$7.9 million cattle research project aims to find rumen efficiencies
Agritourism Ontario plans to use funding to provide more tools for operators, enhance consumer experience
Leluo Guan University of British Columbia professor is leading a $7.9 million project to better understand methane processes in cattle rumens.
Klassen: Stronger fed market to pull up feeder complex
The Alberta fed cattle market was quoted on a live basis in the range of range of $262-$265/cwt fob feedlot last week. Fed cattle forward contracts for March and April delivery (Alberta) were quoted from $270 to $272/cwt. Compared to last week of November 2024, fed prices are up $20/cwt on average.
Klassen: Feeder market has many factors to digest in 2025
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 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.
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.
Cyber-Savvy Farmer
