Insights and Stories of Jerry Klassen

Klassen: Tariff drama results in volatile feeder cattle market

Mar. 11, 2025 at 9:37 am CDT

For the week ending March 7, there were two distinct price structures. On Monday, March 3, feeder cattle prices were relatively unchanged from the previous week. However, once the U.S. implemented tariffs for Canadian cattle on March 4 , feeder cattle markets dropped by $10-$15/cwt on average.

Klassen: Feeders remain firm despite tariff uncertainty

Mar. 4, 2025 at 1:22 pm CST

By Jerry Klassen

Klassen: Feedlot operators anticipate lower feeder cattle supplies for spring

Feb. 25, 2025 at 9:44 am CST

By Jerry Klassen

Klassen: Feeder market recovers on strong demand

Feb. 18, 2025 at 10:02 am CST

By Jerry Klassen

Klassen: Feeder market stalls; cold temperatures, tariff threat limit sales

Feb. 11, 2025 at 10:50 am CST

By Jerry Klassen

Klassen: Western Canadian feeder markets set fresh high amid tariff threat

Feb. 4, 2025 at 11:12 am CST

For the week ending February 1, Western Canadian feeder cattle markets traded steady to $8 per hundredweight higher compared to seven days earlier. In some cases, larger packages of quality genetics were up as much $15/cwt from the prior week.

By Jerry Klassen

Klassen: Western Canadian feeder market holds value on Ontario demand

Jan. 28, 2025 at 11:39 am CST

For the week ending January 25, Western Canadian feeder cattle markets traded $$3-$6/cwt on either side of unchanged compared to seven days earlier. Higher quality genetics and lower flesh replacements were slightly firmer; however, feedlot operators incorporated the appropriate discounts on fleshier types and lower efficiency, smaller frame animals.

By Jerry Klassen

Klassen: Increased feeder cattle selling caps upside momentum

Jan. 21, 2025 at 10:14 am CST

There was a surge in farmer selling across Western Canada last week. Sales volumes were larger than normal at many auction barns. The fear that President Trump would implement a tariff on feeder cattle ignited fears that that market would drop sharply.

By Jerry Klassen

Klassen: Demand surges for beef, live cattle and feeder cattle

Jan. 14, 2025 at 3:07 pm CST

For the week ending January 11, Western Canadian feeder cattle prices were up $15-$20/cwt compared to the week ending December 21, 2024. In eastern Saskatchewan and Manitoba, quality packages of steers 800 pounds and over traded $20/cwt to $25/cwt higher compared to three weeks earlier.

By Jerry Klassen

Klassen: Stronger fed market to pull up feeder complex

Jan. 7, 2025 at 9:48 am CST

The Alberta fed cattle market was quoted on a live basis in the range of range of $262-$265/cwt fob feedlot last week. Fed cattle forward contracts for March and April delivery (Alberta) were quoted from $270 to $272/cwt. Compared to last week of November 2024, fed prices are up $20/cwt on average.

By Jerry Klassen