feedlots Archives | Page 25 of 39

Feed weekly outlook: Steady now but supplies will weigh

By Phil Franz-Warkentin January 3, 2020

MarketsFarm — Recent strength in U.S. wheat futures may be lending some spillover support to Canadian feed grain bids, but large supplies and a lack of aggressive demand kept the market steady heading into the New Year. The rise in wheat futures “has made the farmer a more reluctant seller,” said Allen Pirness of MarketPlace […] Read more

Livestock, Markets

Klassen: Improving margins support lightweight feeder cattle

By Jerry Klassen December 24, 2019

Compared to last week, Western Canadian feeder cattle markets traded $2 to $4 on either side of unchanged; however, calves under 650 pounds were steady to as much as $5 higher. Bids from Alberta packers were sharply higher with fed cattle trading in the range of $160 to $162 on Friday, up $5 to $6 […] Read more

Livestock, Markets

Klassen: Feeder cattle market volatility continues

By Jerry Klassen December 17, 2019

Compared to last week, western Canadian feeder cattle markets traded steady to $5 higher on average. For the second week in a row, the markets were quite variable across the Prairies but shorter-keep yearlings appeared to lead the charge higher. In Alberta, quality 900-lb. steers were once again touching the $190 level and 800-lb.-plus steers […] Read more

Crops, Markets

Feed weekly outlook: Grains pressured by lower demand

By Marlo Glass December 12, 2019

MarketsFarm — Bids for feed grains have backed off previous highs as feedlots in Western Canada are covered into the New Year. “Now they’re bidding January and forward,” said Allen Pirness of Market Place Commodities in Lethbridge. Bids for feed barley and feed wheat delivered from January to March were around $220 per tonne, according […] Read more

Livestock, Markets

Klassen: Feeder cattle market under weight of imports

By Jerry Klassen December 10, 2019

Compared to last week, western Canadian feeder cattle markets traded $5 lower to $2 higher. It’s that time of year when most feedlots are carrying sufficient numbers and buyers are hesitant to increase ownership unless they can see profitability. Auction market volumes contained weaned and unweaned calves over the past week; premiums returned for feeders […] Read more

CME January 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets

Klassen: Feeder cattle edge higher on improving margins

By Jerry Klassen December 3, 2019

Compared to last week, western Canadian yearlings were $2-$3 higher; calf prices were $2 to as much as $4 higher; calves under 600 lbs. were $4 to as much as $10 higher in some cases. February and April live cattle futures appear to be incorporating a risk premium due to the uncertainty in beef production […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Crops, Markets

Feed weekly outlook: Firm Prairie market leveling off

By Phil Franz-Warkentin November 28, 2019

MarketsFarm — Logistics issues moving grain where it needs to be in Western Canada continue to prop up feed prices, but the market is starting to level off, according to a broker. “We are seeing a bit of a shortage of trucks,” said Tracy Green of Market Master Ltd. in Edmonton, adding “things are still […] Read more

CME December 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets

U.S. livestock: CME live cattle set contract high on winter storms

By Tom Polansek November 27, 2019

Chicago | Reuters — U.S. live cattle futures reached a contract high on Wednesday on expectations that wintry weather would hamper the movement of cattle to slaughterhouses. Two winter storms blasted parts of the United States, after parts of Colorado got up to 30 inches of snow on Tuesday. The storms could disrupt transportation and […] Read more

Livestock, Markets

Klassen: Feeder cattle market drops on soft demand

By Jerry Klassen November 26, 2019

Compared to last week, western Canadian yearling markets were down $4-$6 while calf prices dropped $5 to as much as much as $10 in some cases. Comments from order buyers reflect very sluggish demand for this time of year. Ontario farmers have harvested about 50 per cent of the corn crop and buying interest from […] Read more

CME February 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets

U.S. livestock: CME live cattle sink ahead of USDA feedlot data

By Julie Ingwersen November 22, 2019

Chicago | Reuters — U.S. live cattle futures fell to a one-week low and feeder cattle futures hit a six-week low on Friday ahead of a U.S. Department of Agriculture report that traders expected would show a hefty year-on-year increase in the number of cattle placed in feedlots last month. February live cattle futures on […] Read more

Tag Archives feedlots — page 25

Feed weekly outlook: Steady now but supplies will weigh

Klassen: Improving margins support lightweight feeder cattle

Klassen: Feeder cattle market volatility continues

Feed weekly outlook: Grains pressured by lower demand

Klassen: Feeder cattle market under weight of imports

Klassen: Feeder cattle edge higher on improving margins

Feed weekly outlook: Firm Prairie market leveling off

U.S. livestock: CME live cattle set contract high on winter storms

Klassen: Feeder cattle market drops on soft demand

U.S. livestock: CME live cattle sink ahead of USDA feedlot data

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