# Klassen: Demand for grass cattle pushes feeder market higher - Manitoba Co-operator

> Western Canadian yearling prices rose $3 to $5 for the week ending May 18 as grass buyers competed for cattle, even for 800-pound-plus animals. Heavy precipitation, with over 200 percent of normal rainfall in most of Western Canada, supported pasture demand, while Alberta pen conditions were rated poor.

- Date: 2024-05-21 · published 2024-05-21T12:00:00.000Z
- Category: weather · region Canada · magnitude low
- Page: https://feedsoft.ai/events/6977-klassen-demand-for-grass-cattle-pushes-feeder-market-higher-manitoba-co-operator
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Stronger grass demand and favorable pasture conditions support feeder prices and reduce feedlot placements, which can lessen near-term barley and grain demand from Canadian feedlots.

## Read by commodity

- BARLEY: bearish ▼
- FCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2025-01-01 | [Feeder cattle market: Prices ending 2024 on higher note](https://feedsoft.ai/events/27086-feeder-cattle-market-prices-ending-2024-on-higher-note.md) | +1.0% | +7.2% |
| FCATTLE | 2023-03-27 | [Spring Moisture Drives Feeder Cattle Contracts Higher](https://feedsoft.ai/events/5596-spring-moisture-drives-feeder-cattle-contracts-higher.md) | +5.9% | +6.8% |
| FCATTLE | 2021-11-10 | [The Cycle of Drought, Cowherd Liquidation and Higher Feeder Cattle Prices](https://feedsoft.ai/events/44208-the-cycle-of-drought-cowherd-liquidation-and-higher-feeder-cattle-prices.md) | -1.4% | +3.5% |
| FCATTLE | 2026-10-26 | [Feeder cattle market: Gridlock as prices surge to “anyone’s guess” - Beef Central](https://feedsoft.ai/events/587-feeder-cattle-market-gridlock-as-prices-surge-to-anyone-s-guess-beef-central.md) | -3.5% | — |
| FCATTLE | 2023-05-29 | [Feeder Cattle Prices Supported by Tight Supplies and Excellent Demand](https://feedsoft.ai/events/5225-feeder-cattle-prices-supported-by-tight-supplies-and-excellent-demand.md) | +3.7% | +2.0% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/klassen-demand-for-grass-cattle-pushes-feeder-market-higher/

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