# Klassen: Feeder market falters at record highs - Grainews

> Western Canadian yearling markets traded $2 to $8 lower than the prior week, and calves were flat to $10 lower. November feeder futures had dropped $10 from contract highs, and unweaned calves at some southern Plains auctions traded $10 to $15 lower.

- Date: 2023-10-03 · published 2023-10-03T12:00:00.000Z
- Category: market · region Western Canada · magnitude low
- Page: https://feedsoft.ai/events/10392-klassen-feeder-market-falters-at-record-highs-grainews
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Seasonal supply increases and weaker futures lower feeder cattle values, reducing the margin for feedyards buying cattle.

## Read by commodity

- FCATTLE: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/klassen-feeder-market-falters-at-record-highs/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.