Insights and Stories on Feedlots

May. 15, 2017 at 8:57 pm CDT

Western Canadian feeder cattle markets traded $3-$5 above week-ago levels although lighter weight categories experienced week-over-week gains of $8 to as much as $12. The fed cattle market went through a correction, with live sales quoted from $181 to $186, down from the last week average trade of $195. This […]

By Jerry Klassen

May. 8, 2017 at 8:30 pm CDT

Western Canadian feeder cattle markets traded $10-$13 above week-ago levels and in some cases as high as $20. Buying interest exploded early in the week as adverse weather wreaked havoc across the U.S. southern Plains. Demand for replacements continued to intensify as the fed cattle prices surged. Alberta packers experienced […]

By Jerry Klassen

Apr. 26, 2017 at 2:52 pm CDT

Chicago | Reuters — Cargill said on Wednesday it will exit the business of feeding cattle to direct capital toward other investments, the latest transformation for the global commodity trader. Minnesota-based Cargill struck a deal to sell its last two feed yards to ethanol producer Green Plains for US$36.7 million, […]

By Theopolis Waters, Tom Polansek

Mar. 20, 2017 at 9:19 pm CDT

Western Canadian feeder cattle prices traded $3-$5 above week-ago levels with higher-quality cattle as much as $8 higher. Once again, stronger fed cattle prices and healthy feedlot margins were the main factors driving the market, especially in the heavier weight categories. Feedlots have liquidated a larger amount of fed cattle […]

By Jerry Klassen

Mar. 14, 2017 at 7:04 pm CDT

CNS Canada — As spring slowly approaches, western Canadian feed dealers are warily eyeing the amount of grain that may be left over on Prairie fields. “There’s a bit of concern about how much spring-threshed grain we may see here in the next few weeks,” said Allan Pirness of Market […]

By Dave Sims