# Klassen: Feeder market stabilizes on lower supplies - Grainews

> Western Canadian feeder cattle prices were unchanged to $2 higher on average, with feeder markets diverging from the fed cattle complex. Alberta packers were buying fed cattle at $141 to $142 while breakeven pen values were near $158. Lower supplies and favourable rains renewed buying interest for cattle that can be grazed.

- Date: 2018-06-04 · published 2018-06-04T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/64681-klassen-feeder-market-stabilizes-on-lower-supplies-grainews
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tight feeder supplies and negative feeding margins keep cattle prices firm while weighing on feedlot demand for grain and protein. Buyers should watch the gap between fed cattle prices and breakevens as a signal for placement pace.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: neutral

## Sources

- grainews.ca: https://www.grainews.ca/daily/klassen-feeder-market-stabilizes-on-lower-supplies/

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