# Klassen: Feeder cattle market drawing attention - Grainews

> Western Canadian yearling prices rose $2 to $4 in the week to July 28, and US prices also gained, supporting Canadian values. Thin volumes on the Prairies and good pasture conditions reduced selling interest. October feeder cattle futures traded at their highest level since late February.

- Date: 2020-07-28 · published 2020-07-28T12:00:00.000Z
- Category: market · region Western Canada · magnitude low
- Page: https://feedsoft.ai/events/52258-klassen-feeder-cattle-market-drawing-attention-grainews
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Thin supplies and strong pasture conditions delaying sales support feeder prices, while firm US futures and a seasonal bounce keep feedlot buyers active.

## Read by commodity

- FCATTLE: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/klassen-feeder-cattle-market-drawing-attention/

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