# Klassen: Feeder market starts new year on firm tone - Manitoba Co-operator

> Western Canadian feeder cattle prices firmed in late December 2016 as February live cattle futures reached six-month highs. Auction values were $2-$6 higher than the prior month, and Alberta fed cattle were quoted at $157-$159.

- Date: 2017-01-03 · published 2017-01-03T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/73131-klassen-feeder-market-starts-new-year-on-firm-tone-manitoba-co-operator
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Stronger live cattle futures and tight feeder supply support higher feeder and fed cattle prices, which raises feeding costs for buyers. Feedlot margins were reported as healthy.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/klassen-feeder-market-starts-new-year-on-firm-tone/

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