Klassen: Feeder market follows wholesale beef higher

For the week ending June 13, Western Canadian feeder cattle markets had been comparatively unchanged in comparison with seven days earlier. Regular demand underpinned every week of decrease public sale market volumes.

The standard was fairly variable however feedlot operators confirmed no hesitation on bigger packages of preconditioned calves and yearlings. Some cow calf producers have liquidated calves or cow/calf pairs because of dryer situations in sure areas of Western Canada. Wholesale alternative beef traded at US$376/cwt on June 12. This was up US$10/cwt from seven days earlier and a recent historic excessive.

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On Thursday, June 12, Alberta packers had been shopping for fed cattle on a dressed foundation at $502-$505/cwt delivered, up $10-$12/cwt from a month earlier. Reside costs in Southern Alberta had been quoted at $298/cwt fob feedlot and breakeven pen closeout values are round $270/cwt.

North of Saskatoon, blended steers on backgrounding ration with full preconditioning averaging 1,000 kilos offered for $390/cwt fob farm. On the Killarney sale on June 9, a smaller bundle of black steers with imply weight of 909 kilos dropped the gavel at $432/cwt. On the similar sale, black steers evaluated at 817 kilos reportedly offered for $460/cwt. A the Ponoka gross sales on June 11, Angus Simmental cross heifers scaled at 841 kilos with full processing information on principally hay food regimen had been final bid at $421/cwt.

On the Dawson Creek sale, a bigger bundle of 715-pound Angus steer calves on mild grain and hay food regimen on full herd well being program offered for $494/cwt. On the similar sale, a smaller bundle of blended heifer calves weighing 700 kilos apparently moved at $440/cwt.

On the Westlock sale, blended weaned steers on the cardboard at 625 kilos on silage and hay food regimen with preconditioning data traded for $548/cwt. The Killarney sale report had a smaller bundle of 600 pound steers notching the board at $599/cwt. On the Dawson Creek sale, Angus based mostly heifers on mild grain and hay food regimen with full herd well being information averaging 633 kilos settled at $485.

Southeast of Calgary, steer calves of upper high quality genetics weighing 500-525 kilos had been buying and selling from $600/cwt to as excessive as $628/cwt. In southern Alberta, weaned Simmental cross calves with a imply weight of 510 kilos had been valued at $615. In the identical area, pink Angus cross heifers round 510 kilos supposedly offered for $555.

Calf costs for September via November supply are quoted $20-$30/cwt beneath present ranges. Consumers have integrated a reduction in anticipation of the opening of the U.S. border to Mexican feeder cattle. Secondly, the June 2026 reside cattle futures are buying and selling at a US$22/cwt low cost to the June 2025 contract. For yearlings off grass, the marketplace for August and September is buying and selling at a $10-$15/cwt low cost from costs of comparable weight quoted on this subject.