# Klassen: Limited buying interest softens feeder market - Country Guide

> Western Canadian feeder cattle traded $6-$12 lower week over week after a sharp rally in U.S. grain futures and weaker fed cattle prices. Auction buying was limited, with only a few large feedlots active, and a stronger Canadian dollar reduced U.S. buying interest.

- Date: 2016-04-26 · published 2016-04-26T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/11609-klassen-limited-buying-interest-softens-feeder-market-country-guide
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher feed grain costs raise feedlot input costs and reduce what buyers will pay for feeder cattle. Weak live cattle futures add further downward pressure on feeder prices.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/klassen-limited-buying-interest-softens-feeder-market/

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