Insights and Stories of Jerry Klassen

Jan. 1, 2018 at 5:09 pm CST

Western Canadian feeder cattle markets experienced limited activity over the past week because most auction barns were closed for the holiday season. There was some reported activity in certain regions such as central Alberta and prices were relatively unchanged from seven days earlier. Frigid temperatures tempered buying activity. Feedlots in […]

By Jerry Klassen

Dec. 27, 2017 at 2:28 pm CST

Compared to last week, western Canadian feeder cattle markets traded $2 to as much as $6 higher. Moderate to stronger buying interest was noted across the Prairies. Once again, feedlot operators were fairly aggressive on quality yearling packages; semi-weaned and weaned calves were a solid $3-$5 higher while unweaned lighter […]

By Jerry Klassen

Dec. 18, 2017 at 9:37 pm CST

Alberta fed cattle prices surged $11-$12 this past week, with packers buying fed cattle in the range of $262-$264 on a dressed basis. While most feedlot operations are carrying sufficient numbers at this time of year, quality packages of heavier replacements were extremely precious. Yearlings and calves above 850 lbs. […]

By Jerry Klassen

Dec. 12, 2017 at 3:33 pm CST

Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Alberta feeder cattle prices appeared to move in line with major U.S. markets, which were also down $3-$5 from week-ago levels; however, minimal slippage was noted in eastern Saskatchewan and Manitoba. Weakness in […]

By Jerry Klassen

Dec. 5, 2017 at 3:32 pm CST

Compared to last week, western Canadian feeder cattle prices traded $5 higher to $5 lower; however, yearlings were a solid $2 to $4 lower. Negative feeding margins over the past month, along with weakness in the deferred live cattle futures, set a negative tone in the heavier weight classes. The […]

By Jerry Klassen