# Cattle market in a transition stage - Grainews

> Canadian market columnist Jerry Klassen reports that Alberta fed cattle traded at $134 to $136 per cwt in late October, while US Southern Plains cash cattle were near US$108. Feedlot backlogs remain in western Canada, and beef demand weakened as COVID cases rose and restaurants reversed reopening. Barley prices rallied about $50/mt from harvest lows on stronger Chinese demand.

- Date: 2020-11-05 · published 2020-11-05T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/50122-cattle-market-in-a-transition-stage-grainews
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Softer beef demand is pressuring cattle values, while firmer Canadian barley exports to China support feed grain prices.

## Read by commodity

- BARLEY: bullish ▲
- LCATTLE: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/cattlemans-corner/cattle-market-in-a-transition-stage/

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