Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Higher-quality yearlings and calves were steady to $4 higher in Alberta and Saskatchewan; in Manitoba, yearlings traded $2-$4 […] Read more
Tag Archives feedlots

Klassen: Feeder cattle divorce from futures’ direction

U.S. livestock: Cattle futures climb on USDA report
Lean hog futures' gains continue
Chicago | Reuters — U.S. live cattle futures gained on Monday, supported by Friday’s monthly Cattle on Feed report that showed smaller-than-expected placements, traders said. Chicago Mercantile Exchange June live […] Read more

Feed weekly outlook: Prices taper off ahead of report
Feedlots 'not eating as much grain'
MarketsFarm — While prices for feed wheat and feed barley in Western Canada remain substantially higher than one year ago, the past month has seen slight declines. As of Wednesday, […] Read more

Klassen: Feeder cattle markets experience volatility
Beef prices encourage slaughter pace
Compared to the previous week, western Canadian feeder cattle markets traded $3-$4 on either side of week-ago levels. Prices were quite variable across the Prairies with four main factors influencing […] Read more

Klassen: Feeder market digests USDA acreage report
Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Lower flesh yearlings appeared to trade $2-$3 higher in certain pockets of Alberta but replacements carrying excessive butter […] Read more

Klassen: Feeder cattle market exhibits defensive tone
March 30 — Compared to the previous week, western Canadian feeder cattle markets traded steady to $3 lower on average. Alberta packers were buying fed cattle on a dressed basis […] Read more

Feed weekly outlook: Prices to remain strong in spring
MarketsFarm — Higher prices for feed grains in Western Canada are expected to stay that way, according to a trader in Alberta. Erin Harakal, senior trader for Agfinity at Stony […] Read more

Klassen: Feeder market remains volatile
Feed grain values remain firm
Last week, western Canadian yearling markets were traded $2-$4 above week-ago levels from Monday through Wednesday; however, buyers backed away from the market on Thursday and Friday as feeder cattle […] Read more

Feed weekly outlook: Buyers’ thoughts turn to April-June
MarketsFarm — Attention on feed grains is shifting away from February-March and focusing on the April-June period, according to Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. Their […] Read more

U.S. livestock: Rising beef prices buoy CME live cattle futures
Colder spell in U.S. Midwest, Plains lifts hogs
Chicago | Reuters — U.S. live cattle futures rose on Tuesday for a fourth straight session, with deferred months setting life-of-contract highs as robust demand for beef lifted packer profit […] Read more