Compared to last week, western Canadian yearling markets traded steady to $4 lower. The yearling quality continues to fade as thicker flesh levels are starting to appear. Steer calves were […] Read more
Tag Archives heifers
Klassen: Steam evaporates off yearling market
August 2024 feeder futures at a premium
Klassen: Feeder market falters at record highs
Risk premiums in market seen eroding
Compared to last week, western Canadian yearling markets traded $2 to as much as $8 lower on average. Calf markets were relatively unchanged to $10 lower. There was moderate demand […] Read more
Klassen: Lower beef production forecasts support feeder complex
Major feedlots seen aggressive on quality calves
Compared to last week, western Canadian yearling markets traded $2-$4 on either side of unchanged. Calf markets were steady to $5 higher on average, with stronger buying interest on preconditioned […] Read more
Klassen: Stronger live cattle futures enhance feeder demand
Feeder cattle supplies look to be lower than anticipated
Compared to last week, western Canadian grass yearling prices were unchanged to $3/cwt lower on average. Steers held value but heifers had a softer tone. Calf prices were relatively unchanged […] Read more
Klassen: Feeder market continues to consolidate
U.S. feeder cattle supplies seen tighter than expected
Compared to last week, western Canadian grass yearling prices were relatively unchanged. Yearlings over 800 lbs. on light grain rations or on diets mixed with silage were priced at $5 […] Read more
Klassen: Feeder market shrugs off lower barley production
Barley exports, domestic demand expected to be reduced
Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. Prices for calves were also unchanged from average values seven days earlier. Calf markets are […] Read more
Klassen: Calf numbers down in Western Canada
StatCan figures a surprise to the trade
Compared to last week, western Canadian yearling markets were relatively unchanged. Yearlings straight off grass were very well bid and prices held value. Yearlings over 800 lbs. on light grain […] Read more
Klassen: Feedlots aggressively secure ownership
StatCan cattle inventory report due out soon
Compared to last week, yearlings straight off grass sold $3-$5 higher on average. In certain cases, larger groups of higher quality genetics traded $8-$12 above week-ago levels. Auction markets had […] Read more
Klassen: Feeder market consolidates
USDA report considered supportive for Q4 fed cattle
Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. The steam appears to be coming off the market as larger volumes become available. Pastures […] Read more
Klassen: Upward momentum in feeder market eases
Feedlots seen in 'risk assessment mode'
Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Higher-quality groups of yearling heifers appeared to trade steady to $2 higher on average while steer markets traded […] Read more