# Klassen: Feeder market continues climb - Grainews

> Quality yearling feeder packages traded $6-$10 per cwt higher week over week, with some up to $12. Strong buying interest reflects tighter beef supplies for 2024 and weaker cash corn values, and dry pasture in Saskatchewan and Alberta is pushing yearlings to market early.

- Date: 2023-07-18 · published 2023-07-18T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/35185-klassen-feeder-market-continues-climb-grainews
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Drying pastures and tight beef supplies push feeder prices up, and weaker cash corn encourages feedlots to buy more cattle to fatten on cheaper feed.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/klassen-feeder-market-continues-climb/

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