# Klassen: Feeder market searching for direction - Country Guide

> Western Canadian feeder cattle markets were variable, with Alberta prices down $3 to $7 while eastern Prairie prices held steady. Alberta and Saskatchewan feedlot inventories are running 16% above year-ago levels, limiting buying power.

- Date: 2018-12-04 · published 2018-12-04T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/61705-klassen-feeder-market-searching-for-direction-country-guide
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Large feedlot inventories reduce demand for feeder cattle and feed, which weighs on feeder prices in the near term.

## Read by commodity

- FCATTLE: bearish ▼

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/klassen-feeder-market-searching-for-direction/

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