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Tag Archives steers — page 12

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market continues lower trend

By
Western Canadian feeder cattle markets traded $5 to $8 below week-ago levels; noticeable declines were noted in the lighter weight categories, which were down $6 to as much as $10. Adverse weather continues to plague the feedlot regions of Alberta and Saskatchewan. Another snowfall over the weekend caused pen conditions to erode to lowest levels […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Buyers’ temperance subdues feeder market

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Compared to last week, western Canadian yearling prices were under pressure trading steady to $3 lower; however, eastern Canadian orders were prevalent in Manitoba and eastern Saskatchewan, where values were relatively unchanged from week-ago levels. Alberta feedlot demand was subdued as the deferred live cattle futures traded to three-month lows. Most operations are holding high-priced […] Read more
Klassen: Feeder market sends mixed signals
Livestock, Markets

Klassen: Feeder market sends mixed signals

By
Compared to last week, western Canadian average yearling prices were steady to $3 lower while heavier replacements above 1,000 lbs. actively traded $3 to as much as $6 lower. Weakness in deferred live cattle futures, along with rising feed grain prices, caused buyers to lower their bids accordingly. Steers averaging 1,000 lbs. were readily trading […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle prices gaining momentum

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Compared to last week, western Canadian yearling prices were steady to $4 higher while calves and grass cattle markets were relatively unchanged. Once again, there was a wide range of prices across the Prairies as feedlots adjust to higher feed grain prices. Secondly, buyers were quick to discount fleshier cattle; backgrounded calves fed too much […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market continues to soften

By
Compared to last week, yearlings and heavier calves traded $6 to as much as $10 lower. Colder temperatures, along with lacklustre feedlot demand, set a negative tone early in the week. The downward spiral caused the market to be quite variable across the Prairies. It was not uncommon to see 800- to 850-lb. steers trade […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle market falters

By
Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Alberta feeder cattle prices appeared to move in line with major U.S. markets, which were also down $3-$5 from week-ago levels; however, minimal slippage was noted in eastern Saskatchewan and Manitoba. Weakness in deferred live and feeder cattle […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Winter weather weighs on feeder complex

By
Compared to last week, western Canadian feeder cattle prices were relatively unchanged. However, quality features played a larger role in the price structure. Buyers shied away on fleshier yearlings which is often the case when margins move into negative territory. It’s that time of year when thicker coats can be somewhat misleading and buyers pulled […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market rally stalls

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Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Eastern Prairie markets were softer but continue to maintain a $5 to as much as $8 premium over major feeding regions of Alberta. We’ve seen a sharp year-over-year increase in imports from the U.S., which is causing a variable price structure to develop across […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market maintains upward trend

By
Western Canadian feeder cattle prices were quite variable this past week. Strength was noted in the eastern Prairie regions where markets traded $5 to as much as $10 above week-ago levels; however, Alberta steer prices were relatively unchanged but heifers traded $5 to $8 higher. Available feeder supplies will tighten as we approach the end […] Read more

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