Insights and Stories on Cattle Markets

Aug. 2, 2019 at 9:24 am CDT

MarketsFarm – With a looming feed shortage, it has been getting more costly to feed cattle, said Mike Nernberg, marketing representative for Winnipeg Livestock Sales. Nernberg estimated it has been costing about C$4.00 per day to feed an individual animal, which adds up given the amount a feedlot is feeding […]

By Glen Hallick - MarketsFarm

Jul. 2, 2019 at 12:57 am CDT

Compared to last week, western Canadian feeder cattle markets traded steady to $5 lower on average. Small volumes were available last week, which distorted the price structure. Many feedlot hands will rotate holidays through July; therefore, feedlot operators don’t want to bring in fresh replacements with a skeleton staff. Recent […]

By Jerry Klassen

Jun. 18, 2019 at 11:58 am CDT

Compared to last week, western Canadian feeder cattle prices were $2-$5 higher on average. Noted strength was in the 700-plus-lb. categories, which spilt over into the lighter calves. Quality groups of yearlings were limited and the scarcity fear factor had a grip on the market. The U.S. Department of Agriculture […]

By Jerry Klassen

Jun. 11, 2019 at 2:41 am CDT

Compared to last week, western Canadian yearling prices were $2-$4 lower on average while calves were down $3-$5 depending on the region. Weakness in the fed cattle market continues to spill over into the feeder complex, as margins drift further into red ink. Alberta packers were buying fed cattle in […]

By Jerry Klassen

Jun. 4, 2019 at 2:19 pm CDT

Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. The feed grains market is writing the story for the feeder market. August feeder cattle futures lost $10 this past week and U.S. cash feeder prices were also down US$4-$6 compared to seven […]

By Jerry Klassen