(Photo courtesy Canada Beef Inc.)

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 traded $3 to $8 higher compared to week-ago levels. Cattle over 700 lbs. were $3 to $4 higher in Saskatchewan and Manitoba, while shorter-keep replacements […] Read more

(Canada Beef Inc. photo)

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 interest surfaced based on strength in Alberta fed cattle prices, which traded as high as $198. Improving feedlot margins in the nearby and deferred positions […] Read more

(Canada Beef Inc. photo)

Klassen: Feeders trade $2 to $6 higher

Western Canadian feeder cattle values started the year on a very strong tone. Lighter-weight calves under 700 pounds were a solid $4 to $6 higher in comparison to mid-December; replacements over 700 lbs. were $2 to $4 higher on average. This was the first week of major sales in 2015 and cattle buyers were extremely […] Read more

(Photo courtesy Canada Beef Inc.)

October U.S. cattle placements not as slow as expected

Chicago | Reuters –– The number of cattle placed in U.S. feedlots in October declined versus last year, a government report showed on Friday, but not by as much as expected, said analysts. While pricey calves discouraged feedlots from buying them, high-priced slaughter cattle and deteriorating summer pastures drew more livestock into feeding pens, they […] Read more