# Klassen: Feeder market lacks buying interest - AgCanada

> Western Canadian feeder cattle traded $5-$8 lower on average last week, with yearlings down as much as $10-$12, following Chicago futures. CME August live cattle were down $32 from January highs and September feeders down $40 from winter peaks.

- Date: 2020-04-07 · published 2020-04-07T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/53788-klassen-feeder-market-lacks-buying-interest-agcanada
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Buyers are applying a risk discount for weaker beef demand from rising unemployment, pressuring feeder values and cattle feeding margins in Canada and the US.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- agcanada.com: https://www.agcanada.com/daily/klassen-feeder-market-lacks-buying-interest-3

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