(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Firm undertone to Prairie grains

MarketsFarm — Solid demand from cattle feeders and ongoing logistic issues across the Prairies should keep a firm undertone in the feed grain market for the time being, according to an Alberta broker. “The feed market has definitely moved higher,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., adding “demand is strong through feedlot […] Read more

(Photo courtesy Canada Beef Inc.)

Alberta cattle producers vote to keep refundable checkoff

Preliminary results in Alberta beef producers’ service charge plebiscite put a slim majority in favour of keeping their checkoff refundable. Out of 1,874 votes cast, 962 votes, or 51.3 per cent, fell in favour of a refundable service charge model, with 908 for a non-refundable model and four ballots spoiled, according to the preliminary figures […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market stabilizes

Western Canadian feeder cattle markets were unchanged from week-ago levels. Favourable weather conditions enhanced buying interest from cattle feeders in Feedlot Alley; however, cattle-on-feed inventories in Alberta and Saskatchewan are running 16 per cent above year-ago levels. Pen space remains at a premium due to limited capacity. County permit fees and added regulations have also […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market lacks demand in new tax year

Compared to last week, western Canadian feeder cattle traded $8-$10 lower while U.S. prices were also down $5-$10 from week-ago levels. The feeder market appeared to short-circuit after I thought the market was charged to move higher in last week’s report. Feedlot operators and cattle feeders saturated their demand prior to the New Year and […] Read more

(Canada Beef Inc. photo)

Klassen: Narrow margins weigh on feeder market

Western Canadian feeder cattle prices were under pressure the week ending Sept. 19, trading $5 to as much as $10 lower compared to seven days earlier. Negative feeding margins along with a major selloff in live cattle futures destroyed the buying enthusiasm that was evident earlier in August. Feedlot operators appeared to be in disarray, […] Read more


(Photo courtesy Canada Beef Inc.)

Feed barley bids rangebound in Western Canada

CNS Canada –– Prairie feed barley prices continue to hang tough in March, locked into a range established early this year. “We’re seeing a lot of bids in and around $205” per tonne, said Allen Pirness, a trader for Market Place Commodities at Lethbridge. Bids had been hitting around $210 per tonne, for example, on […] Read more