# Klassen: Feeder market holds values through volatility - Grainews

> Western Canadian feeder markets were steady by the end of the week of September 29 after early weakness following USDA's Cattle on Feed report. Alberta packers paid $132-134 for fed cattle, and calves were arriving in larger volumes, with 500-600 lb steers trading at a premium to Alberta averages.

- Date: 2017-10-02 · published 2017-10-02T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/68606-klassen-feeder-market-holds-values-through-volatility-grainews
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Steady yearling demand from feedlots offsets bearish sentiment from the USDA report, so prices hold near recent levels. Larger calf supplies are a mild seasonal headwind for feeder values.

## Read by commodity

- FCATTLE: neutral

## Sources

- grainews.ca: https://www.grainews.ca/daily/klassen-feeder-market-holds-values-through-volatility/

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