# Klassen: Feeder cattle market stabilizes - Manitoba Co-operator

> Western Canadian feeder cattle prices were unchanged week over week, with steady buying from Ontario and quiet U.S. interest over Thanksgiving. Cattle-on-feed inventories in Alberta and Saskatchewan are running 16 per cent above year-ago levels, and pen space is tight.

- Date: 2018-11-27 · published 2018-11-27T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/62181-klassen-feeder-cattle-market-stabilizes-manitoba-co-operator
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Heavy feedlot inventories and weak U.S. cash feeder prices cap feeder cattle values, while uncertain feed grain prices make custom feeders reluctant to guarantee gains, which weighs on demand for feed.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: neutral

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/klassen-feeder-cattle-market-stabilizes-3/

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