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Western Canadian yearling prices were mostly unchanged, with calf prices varying widely. Weather has become a larger factor this fall, and feedlots are preferring preconditioned calves.
Silage supplies are tight for some southern Alberta feedlots, and a higher death loss is expected from poor pen conditions.
Adverse weather and tight silage supply raise feedlot costs and death losses, which could curb feeder demand. Price variability reflects uneven buyer interest rather than a clear trend.
canadiancattlemen.caJerry Klassen, GFM Network NewsNov 19, 2019After 21 past neutral weather events, Feeder Cattle moved a median +1.7% over 5 sessions (67% higher; middle half -0.1% to +2.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
