Insights and Stories on Feedlots

Jan. 9, 2020 at 1:18 pm CST

MarketsFarm — Solid demand from cattle feeders and ongoing logistic issues across the Prairies should keep a firm undertone in the feed grain market for the time being, according to an Alberta broker. “The feed market has definitely moved higher,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., adding […]

By Phil Franz-Warkentin

Jan. 7, 2020 at 7:29 pm CST

Alberta packers were buying fed cattle on a dressed basis at an average price of $275 delivered, which equates to $165 on a live basis. Fed cattle prices are now at 52-week highs and feeding margins are in the range of $50 to $70 per head. Strength in the cash […]

By Jerry Klassen

Jan. 3, 2020 at 8:37 pm CST

MarketsFarm — Recent strength in U.S. wheat futures may be lending some spillover support to Canadian feed grain bids, but large supplies and a lack of aggressive demand kept the market steady heading into the New Year. The rise in wheat futures “has made the farmer a more reluctant seller,” […]

By Phil Franz-Warkentin

Dec. 24, 2019 at 8:40 am CST

Compared to last week, Western Canadian feeder cattle markets traded $2 to $4 on either side of unchanged; however, calves under 650 pounds were steady to as much as $5 higher. Bids from Alberta packers were sharply higher with fed cattle trading in the range of $160 to $162 on […]

By Jerry Klassen

Dec. 17, 2019 at 5:34 pm CST

Compared to last week, western Canadian feeder cattle markets traded steady to $5 higher on average. For the second week in a row, the markets were quite variable across the Prairies but shorter-keep yearlings appeared to lead the charge higher. In Alberta, quality 900-lb. steers were once again touching the […]

By Jerry Klassen