# Klassen: Favourable margins support feeder market - Manitoba Co-operator

> No Alberta feeder auctions were held in the week before New Year's due to the holiday. Fed cattle prices in the US southern Plains rose $3 to $4 on the week, and Alberta fed cattle were expected to trade around $161 to $165 live in early January. Feedlots were bidding aggressively for short-keep replacements.

- Date: 2019-01-02 · published 2019-01-02T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/7355-klassen-favourable-margins-support-feeder-market-manitoba-co-operator
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Improved feedlot margins and firm fed prices support feeder demand and keep yearling prices firm into January. The price direction is bullish for feeder cattle.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/klassen-favourable-margins-support-feeder-market/

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