# Klassen: Feeder market ends year on firm tone - Grainews

> Western Canadian feeder cattle traded $3-$5 higher week over week as year-end buying and limited supply firmed the market. A USDA report showed lower cattle placements, mainly in lighter weights, and April live cattle futures held near contract highs.

- Date: 2018-12-24 · published 2018-12-24T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/61701-klassen-feeder-market-ends-year-on-firm-tone-grainews
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tighter feeder supplies and firm fed cattle futures support feeder prices, which can modestly sustain feedlot demand for feed.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/klassen-feeder-market-ends-year-on-firm-tone/

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