Western Canadian feeder cattle markets were unchanged, to as much as $10 lower compared to last week.
Demand for heifers was suffering last week. A weaker tone was noted in the Eastern prairie regions as Ontario demand appeared to evaporate last week. Alberta packers were buying fed cattle on a dressed basis in the range of $368-$370/cwt, down $7-$8 from last week.
Tag Archives markets
Klassen: Feeder market ends year on mixed sentiment
Some feedlots becoming backed up with heavier cattle, setting negative tone for feed complex
U.S. grains: Soybeans rally as Argentina seeks to raise meal, oil export taxes
Good export demand also underpinned soybeans
U.S. soybean futures clawed back early losses and ended higher on Monday on good U.S. export demand and after Argentina's new government said it would raise export taxes on soymeal and soyoil in the world's supplier of the soy products.
U.S. grains: Soy posts first weekly gain in 1-1/2 months
Traders waited to see whether beneficial rains will arrive in dry areas of Brazil
Chicago | Reuters -- U.S. soybean futures finished higher in the nearby contract and lower in deferred months on Friday as traders waited to see whether beneficial rains will arrive in dry areas of Brazil as expected.
U.S. grains: Soy futures rise amid US export demand
China may buy a couple more cargoes of U.S. soy for next-year delivery: analysts
Chicago | Reuters -- Chicago Board of Trade soybean futures settled higher on Thursday on steady U.S. export demand and weakness in the dollar, analysts said.
U.S. grains: Soybeans tumble on improving weather forecast for Brazil
Corn and wheat futures also traded lower
Chicago soybean futures sank for a second consecutive session on Wednesday as the prospect of rain in Brazil eased worries about drought damaging harvest prospects in the world's top exporter.
Argentina’s Milei to seek 15 per cent export tax hike on some grains: source
The new president pledged "shock" measures to fix the country's economic crisis
Argentina's new government of libertarian President Javier Milei will seek to raise export taxes to 15 per cent on some grains, though that would not impact tariffs on soy, an industry source told Reuters on Wednesday.
ICE weekly outlook: Drifting market in need of outside support
South America growing conditions likely price driver in soy markets for next months
The ICE Futures canola market remained under pressure heading into the New Year, lacking any significant supportive news of its own that could spark a move higher.
U.S. grains: Soy futures end down as traders eye Brazil weather
Wheat and corn futures advance
Chicago Board of Trade soybean futures backpedaled on Tuesday after reaching their highest price in December as traders assessed risks from unfavorable crop weather in Brazil.
Pulse weekly outlook: Good prices for green, yellow peas
Reduced production, increased demand from India and China bolster market
Glacier Farm Media – Prices for green and yellow peas across Western Canada have likely hit their peak, according to Darwin Hamilton of Kalshea Commodities Inc.
Klassen: Year-end buying interest boosts feeder market
Feedlot operators gearing up for shortfall in overall numbers in the first half of 2024
Strength was noted in calves under 650 pounds while feeders over 700 pounds were relatively unchanged. Larger packages of weaned quality genetics were $8 to $10 higher in some cases.