Insights and Stories of Jerry Klassen

Mar. 31, 2020 at 11:34 am CDT

Last week, the feeder market started on a very sluggish tone. Buyers were sitting back waiting for the market to establish direction. By Friday, yearling prices were up $2-$4 compared to seven days earlier, while calves were trading $4 to as much as $8 above week-ago levels. Cow-calf producers and […]

By Jerry Klassen

Mar. 24, 2020 at 10:37 am CDT

Compared to last week, western Canadian feeder cattle prices were quite variable. Compared to seven days earlier, Alberta feeder prices were unchanged to $5 lower; however, the markets in northern Alberta, Saskatchewan and Manitoba were down $5 to as much as $10 in some cases. Weakness in the yearling markets […]

By Jerry Klassen

Mar. 17, 2020 at 10:57 am CDT

Compared to last week, western Canadian yearling prices were down $12-$18; mid-weight calves were down $10 to as much as $15 while calves under 550 lbs. were down $4-$8. The market is incorporating a risk discount due to uncertainty in beef demand for the second and third quarters of 2020. […]

By Jerry Klassen

Mar. 10, 2020 at 1:13 am CDT

Western Canadian feeder cattle prices were extremely variable over the past week which made the market hard to define. Compared to last week, yearling prices were quoted $2 to as much $6 lower while calves traded $2 lower as much as $5 higher. While some auction crowds were caught up […]

By Jerry Klassen

Mar. 3, 2020 at 10:29 am CST

Western Canadian feeder prices were not immune to the meltdown of financial and commodity markets last week. Buyers appeared to incorporate a risk discount due to uncertainty in beef demand over the next few months. Compared to last week, larger groups of quality yearlings traded $3-$5 lower while smaller packages […]

By Jerry Klassen