Compared to last week, western Canadian yearlings (900 lbs. and over) appeared to trade $6-$8 lower on average; yearlings weighing 800-900 lbs. off grass were unchanged. Backgrounded yearlings were also $6-$8 lower. Mid-weight calves were unchanged but calves under 600 lbs. were $3 to as much as $10 lower in some cases. Feedlot operators pulled […] Read more
Tag Archives feedlots — page 13
Klassen: Uncertain fed cattle market weighs on feeder cattle
U.S. feeder demand seen relatively sluggish
Feed weekly outlook: Freight costs could determine grain availability
MarketsFarm — There are very good prices for feed barley and wheat in Alberta, according to Susanne Leclerc of Market Master Ltd. in Edmonton — but two factors could limit their availability. Leclerc said there is good demand for feed wheat in the province, “but prices are slightly up because we’re not seeing a lot […] Read more
Feed weekly outlook: Barley values steady, wheat rises
MarketsFarm — As the harvest across most of the Prairies begins to wind down, price movement for feed barley has remained fairly stable, according to Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “October is getting covered is what’s happening. There’s not too much room left for October,” Harakal said, noting the midway […] Read more
Feed weekly outlook: Prairie barley market still strong
Availability of trucks remains an issue
MarketsFarm — The feed barley market remains strong despite the influx of freshly harvested supplies, with little competition from other feed sources. “The markets have been coming up steadily, with what feels like no harvest pressure,” said Suzanne Leclerc, owner of Market Master Ltd. in Edmonton. “People were hoping the market would get lower and […] Read more
Feed weekly outlook: Prairie grain bids see surprising harvest strength
MarketsFarm — Feed grain bids in Western Canada have shown some strength in recent weeks, despite the advancing harvest. “We’ve been seeing a rally through harvest, which is an odd thing,” grain merchant Jay Janzen of CorNine Commodities at Lacombe, Alta. said. He tied the unseasonable strength to solid demand and a lack of significant […] Read more
Feed weekly outlook: Grain prices start moving upward
New-crop barley already en route to feedlots
MarketsFarm — Hot temperatures and a lack of precipitation in recent days are helping Alberta growers make significant progress, according to Lethbridge-based Market Place Commodities’ president Jim Beusekom. “In southern Alberta, (the harvest) is doing just fine,” he said. “We had some rain last week. Some (had) more, some less. Last week limited how much […] Read more
U.S. livestock: CME lean hogs slip
USDA marks surprise jump in July cattle placements
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slipped on Friday, with the most-active contract dipping to a nearly six-week low during the session, as weak export demand continued to weigh on futures, analysts said. Meanwhile, a government report, released after the CME closed, said that far more cattle were marketed in July […] Read more
Klassen: Light test of feeder cattle reflects hot demand
Compared to last week, Western Canadian yearling prices were relatively unchanged; prices for mid-weight calves were $2 to $5 higher. Calves under 550 pounds were up $6 to $8 on average while feather light bawlers were up a sold $10 above week-ago levels. Weaker feed grain prices along with strength in the deferred live cattle […] Read more
Klassen: Feeder market experiences calm before upcoming storm
Compared to last week, western Canadian feeder cattle markets traded $2-$4 on either side of unchanged. Once again, overall volumes were limited, with small strings and singles moving through auction barns. The quality was quite variable and offbeat stragglers were quite common. Buyers incorporate a risk discount on these cattle; therefore, prices do not represent […] Read more
New barns and bedding pack management make for more efficient feedlots
Encouraging employee contribution to farm management helps keep them engaged
Feedlot managers are going to school. Maximizing productivity and reducing labour needs are among the core subjects being explored in three informational tours this summer organized by the Beef Farmers of Ontario (BFO) and the Ontario Cattle Feeders Association (OCFA). The first 24-hour Feedlot Management School, held in late June, focused on advancements in feedlot […] Read more
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