Compared to last week, western Canadian yearling prices were relatively unchanged while calves traded steady to $2 lower on average. The grain harvest is in its final stages and buying […] Read more
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Tag Archives cattle markets
Klassen: Feeder market digests rising COVID-19 cases
Klassen: Yearling market remains red hot
Barley harvest well underway in southern Alberta
Compared to last week, western Canadian yearling prices were $2-$4 higher on average; however, in southern Alberta, yearlings traded $6-$8 above week-ago levels. A few auction barns in Alberta held […] Read more
Klassen: Weaker feed grains drive feeder market higher
Compared to last week, western Canadian yearlings traded $2-$4 higher. This was the first week of the fall yearling run with larger groups of quality packages and there was no […] Read more
Klassen: Feeder market in summer mode
Set-aside program not having much effect yet on prices
Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Volumes are quite thin at this time of year, which makes the market hard to define. Steady demand […] Read more
Feed weekly outlook: Prices steady, demand quiet
MarketsFarm — Demand for feed grains has slowed down on the Prairies due to uncertainty in cattle markets posed by the COVID-19 pandemic. Many cattle processing and packing plants across […] Read more
Klassen: Weaker fed cattle prices weigh on feeder market
It appears finishing feedlots and cattle buyers are coming to terms with the fact that the COVID-19 pandemic may last longer than earlier anticipated. The “hope” factor that this environment […] Read more
Klassen: Feeder market experiences fortuitous bounce
Last week, the feeder market started on a very sluggish tone. Buyers were sitting back waiting for the market to establish direction. By Friday, yearling prices were up $2-$4 compared […] Read more
Uncertainty drags on Canadian cattle markets
Beef demand is strong but cattle prices are under pressure, Canfax says
Cattle markets have tumbled as a result of COVID-19, according to the senior analyst at Canfax. “Feeder markets are off pretty hard, some of them are off 15 to 20 […] Read more
Klassen: Coronavirus fears weigh on feeder markets
Western Canadian feeder prices were not immune to the meltdown of financial and commodity markets last week. Buyers appeared to incorporate a risk discount due to uncertainty in beef demand […] Read more
Klassen: Calf prices divorce from yearling markets
Compared to last week, yearling prices were steady to as much as $4 lower depending on the region in Western Canada. Alberta packers were buying fed cattle at an average […] Read more