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Klassen: Feeder market extends rally

Western Canadian yearling prices traded back up to historical highs over the week ended Oct. 18, while calf markets made fresh highs at many locations. Western Canadian yearlings off grass traded $5-$10 higher on average compared to seven days earlier. Steer calves in the weight range of 550-825 pounds traded $8-$12/cwt higher on average while […] Read more

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Klassen: Feeder market consolidates at historical highs

For the week ending September 6, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Alberta packers were buying fed cattle on a dressed basis at $525/cwt, up $15/cwt from a week earlier. Using a 60 per cent grading, this equates to a live price of $315/cwt. Current breakeven pen closeout […] Read more



Photo: Geralyn Wichers

Klassen: Feeder market in price discovery mode

For the week ending August 2, Western Canadian feeder cattle markets traded steady to as much as $10 higher. Quality yearling packages off grass were up as much as $15 in some cases. Prices for similar weight cattle were quite variable across the Prairies, which made the market hard to define.  The market appears to be in price discovery mode for the grass yearling market.