# Klassen: Feeder market continues consolidation - AgCanada

> Western Canadian yearling prices were little changed the week of October 5, while calf prices fell $2-3. Feedlot inventories in Alberta and Saskatchewan are 30% above the five-year average, reducing demand for calves. US feeder futures were softer and Midwest calves were down $5-8 from 20 days earlier.

- Date: 2021-10-05 · published 2021-10-05T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/44711-klassen-feeder-market-continues-consolidation-agcanada
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy feedlot inventories and softer US futures weaken feeder demand, pressuring calf values while lower grain prices in the fall support feeding economics.

## Read by commodity

- CORN: neutral
- FCATTLE: bearish ▼

## Sources

- agcanada.com: https://www.agcanada.com/daily/klassen-feeder-market-continues-consolidation

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