
Articles
-
1 week ago |
producer.com | Jerry Klassen
For the week ending April 12, Western Canadian feeder cattle markets traded $5-8 higher on average. Quality genetic packages made fresh historical highs. It’s that time of year when calf numbers decline and many backgrounding operators liquidated inventory prior to April. Feedlot operators shrugged off the lower futures market early in the week.
-
1 week ago |
agcanada.com | Jerry Klassen
For the week ending April 12, Western Canadian feeder cattle markets traded stead to as much as $10 higher compared to seven days earlier. The market has fully recovered from U.S. tariff uncertainty. Strength in the fed cattle market and healthy feeding margins continue drive replacement prices upward. Alberta packers were buying fed cattle in the range of $470-$475/cwt. Using a 60 per cent grading, this equates to a live price of $282-$282/cwt.
-
2 weeks ago |
grainews.ca | Jerry Klassen
During the first week of March, Alberta packers were buying fed cattle on a live basis at $273/cwt, down about $5/cwt from a month earlier. The fed market has remained relatively firm due to lower supplies of market-ready cattle. Strength in the fed market has been supportive for the overall feeder complex. Statistics Canada’s livestock inventory report as of Jan. 1 had feeder cattle supplies outside finishing feedlots in Western Canada slightly higher than 12 months earlier.
-
2 weeks ago |
agcanada.com | Jerry Klassen
During the week ending April 5, the feeder market felt sluggish early in the week. Prices were a bit softer on Monday and by Wednesday morning, quoted values were $10 to as much $20 below week ago levels. After making weekly lows Wednesday, prices fully recovered to the previous week’s levels. Healthy feedlot margins continue to drive the replacement market higher. Canadian live cattle prices made fresh historical highs on Friday.
-
1 month ago |
agcanada.com | Jerry Klassen
For the week ending March 22, Western Canadian feeder cattle markets traded steady to $5 higher on average. Higher quality strings under 600 pounds traded $5 to as much as $10 higher in some cases but the lighter weight categories were quite variable across the Prairies. Calf numbers are limited at this time of year and there appears to be stronger demand for grassers. The June live cattle futures traded to fresh contract highs reaching $207 on March 21 which renewed the bullish enthusiasm.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →