# Klassen: Feedlot operators aggressively bid up feeders - Grainews

> Western Canadian feeder cattle traded $5 to $8 higher on average, with higher-quality feeders up to $12 higher. Alberta packers bid near $177 live, well above breakeven pen closeouts. Central Alberta values traded at a premium to Manitoba and Saskatchewan.

- Date: 2017-04-25 · published 2017-04-25T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/5394-klassen-feedlot-operators-aggressively-bid-up-feeders-grainews
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong fed cattle prices and near-historic feeding margins are pulling demand for feeders, tightening backgrounded supplies. Feeder prices are likely to stay firm.

## Read by commodity

- FCATTLE: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/klassen-feedlot-operators-aggressively-bid-up-feeders/

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