(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market incorporates risk premium

Fed and feeder cattle markets have incorporated a risk premium due to the uncertainty in beef production. Adverse weather has plagued much of the U.S. Midwest over the past couple of months and the six- to 10-day forecast calls for above-normal precipitation. Compared to last week, western Canadian yearling markets traded $2-$3 higher on average […] Read more

The need for shorter time on a truck could mean the need for more rest stop facilities.

Amended transportation regulations premature: beef industry

The number of hours an animal can be on a truck will drop by 25 per cent to 36 hours without rest, feed and water

The federal government’s amendments to the transport of animals regulations are causing controversy among cattle producers. The new rules were introduced Feb. 20 and are scheduled to take effect in February 2020. Why it matters: Cattle producers and truckers will have to adhere to new transportation regulations that may be premature, affecting animals and producers’ […] Read more



CME April 2019 live cattle, with August 2019 live cattle in brown. (Barchart)

Klassen: Feeder market holds value

Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Buying interest for yearlings was somewhat stronger while calves in the eastern Prairie regions were softer. Moderate temperatures are in the seven-day forecast for most of Western Canada, so the risk discount due to adverse weather has evaporated. Barley jumped an additional […] Read more


U.S. livestock: Hogs dip from two-week high, await trade news

U.S. livestock: Hogs dip from two-week high, await trade news

Chicago | Reuters — U.S. lean hog futures retreated on Wednesday after four straight sessions of gains in a technical and profit-taking setback from two-week highs as investors awaited new developments in U.S.-China trade negotiations. Cattle futures also fell broadly, although worries about a late-winter snowstorm forecast for the beef cattle-producing U.S. Plains underpinned the […] Read more


(WPohlDesign/iStock/Getty Images)

Klassen: Feeder market easily absorbs adverse weather

Western Canadian feeder markets were relatively unchanged from week-ago levels but there were a couple of unique characteristics in certain regions. Quality yearling packages were $2-$4 higher in Alberta but fleshier replacements were discounted. Eastern Prairie regions had grass cattle under 600 lbs. trading $3 to as much as $8 above week-ago levels. Order buyers […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Fed cattle market lifts feeder prices

Compared to last week, western Canadian feeder cattle markets traded $4 on either side of unchanged. Early in the week, the market was rather sluggish but a fortuitous bounce in the live cattle futures quickly spilled over into the feeder complex. Yearlings and heavier calves ended the week $2 to $4 higher. Feeding margins are […] Read more