U.S. wholesale beef prices surged higher this past week as stronger retail and restaurant demand absorbed the larger beef stocks in storage. Alberta packers’ average purchase price was $202.50 and […] Read more
Tag Archives feeder cattle
Klassen: Strong beef prices spill over into feeder market
Klassen: Feeder cattle spurt higher on stronger beef prices
Western Canadian feeder cattle prices were solidly $3 to $5 higher on average this past week compared to seven days earlier. Improved beef demand has drawn down stocks in the […] Read more
Klassen: Feeder cattle market reflects diverse tone
Western Canadian feeder cattle traded from $4 lower to $3 higher over the past week. Feeders coming on the market at this time of year have various quality features which […] Read more
Klassen: Rejuvenated interest stabilizes feeder market
After a softer tone during the third week of April, western Canadian feeder cattle values stabilized trading steady to $5 higher on average this past week. Notable gains were noted […] Read more
Klassen: Feeder market’s upward momentum eases
Western Canadian cattle prices were extremely volatile this past week, trading $2 higher to as much as $5 lower in comparison to seven days earlier. The feeder cattle market appeared […] Read more
Klassen: Expansionary activity drives feeder market higher
I know this may sound redundant, but western Canadian feeder cattle traded $2 to $5 higher last week and in some cases as much as $10 above week-ago levels. Strong […] Read more
Klassen: Feeder cattle upward momentum continues
Western Canadian feeder cattle prices were quite volatile over the past week, trading steady to $8 higher in some cases. Noticeable gains were seen on cattle under 700 pounds, which […] Read more
Ontario doubles down on feeder cattle loans
Ontario cattle feeders will be able to take out larger loans to buy livestock under an expansion of the provincial feeder cattle loan guarantee program. The program guarantees 25 per […] Read more
Klassen: Record fed prices lead feeder market higher
Western Canada’s feeder cattle prices traded $3 to $5 higher over the past week, with lighter weight categories under 700 pounds jumping $8 to $10 in some cases. Renewed buying […] Read more
Klassen: Feeder cattle jump $4 to $6 in West
Western Canadian feeder cattle prices jumped $4-$6 over the past week as strengthening feeding margins enhanced buying interest for replacement cattle. Noticeable gains were noted in eastern Saskatchewan and Manitoba […] Read more