Compared to last week, western Canadian yearling prices were down $3-`$5 on average while calves were unchanged to down $2. Sales were characterized by low volumes and limited buying interest. […] Read more
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Tag Archives fed cattle
Klassen: Uncertainty defines feeder market
'Hope' factor remains supportive
Beef cattle producers seek new set-aside plan
Cattle groups, Tories call for revival of BSE-era program
Canada’s beef cattle producer groups and federal Conservatives want to see the revival of a BSE-era program to hold cattle back against the risk of further lost options for slaughter. […] 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
Beef Farmers of Ontario ask for curb on cull sales
BFO concerned over processing 'backlogs'
Updated, April 15 — Ontario’s cattle producer organization is asking members to consider delaying sales of cull cows until market conditions “normalize.” Beef Farmers of Ontario’s board on Thursday published […] Read more
Klassen: Feeder market lacks buying interest
Market gives in to pressure from Chicago futures
Compared to last week, western Canadian feeder cattle markets traded $5-$8 lower on average, with yearlings dropping as much as $10-$12 in certain areas. It appears buyers are incorporating a […] 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
Klassen: Feeder market remains vulnerable
Compared to last week, western Canadian feeder cattle prices were quite variable. Compared to seven days earlier, Alberta feeder prices were unchanged to $5 lower; however, the markets in northern […] Read more
Klassen: Feeder market digesting lower beef demand
Compared to last week, western Canadian yearling prices were down $12-$18; mid-weight calves were down $10 to as much as $15 while calves under 550 lbs. were down $4-$8. The […] Read more
U.S. livestock: Cattle futures hit 10-year lows
Coronavirus stokes demand uncertainty
Chicago | Reuters — U.S. cattle futures plunged on Monday to their lowest in nearly a decade, with traders citing uncertainty about what the coronavirus pandemic will mean for long-term […] Read more
Klassen: Extreme variability characterizes feeder market
Western Canadian feeder cattle prices were extremely variable over the past week which made the market hard to define. Compared to last week, yearling prices were quoted $2 to as […] Read more
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