# Feeder cattle market responding to feed grain complex - Canadian Cattlemen

> Canadian analyst Jerry Klassen reports western Canadian yearling and calf prices near 52-week highs, with fed cattle prices ratcheting higher after September seasonal lows. Alberta feed barley has risen about $50/mt year over year and diverged from corn, with Canadian barley stocks expected to be historically tight. Canadian feeder exports to the US are running sharply above last year.

- Date: 2018-10-25 · published 2018-10-25T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/62698-feeder-cattle-market-responding-to-feed-grain-complex-canadian-cattlemen
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tight Canadian barley stocks and higher feed barley prices raise feed costs for cattle feeders while record US corn yields keep corn cheaper, a divergence that shifts feed-grain demand.

## Read by commodity

- CORN: bearish ▼
- BARLEY: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/market-talk/feeder-cattle-market-responding-to-feed-grain-complex/

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