Insights and Stories of Jerry Klassen

Jan. 17, 2017 at 6:39 pm CST

Western Canadian feeder cattle markets were steady to $2 higher compared to week-ago levels. All weight classes experienced lukewarm buying interest, despite improving margins in the feedlot sector. Most auction barns experienced minimal numbers; cow-calf producers are holding back on sales hoping for stronger values and extreme cold temperatures hindered […]

By Jerry Klassen

Jan. 10, 2017 at 3:07 pm CST

Most auction barns were in holiday mode last week, which made the market hard to define. However, comments from local buyers suggest demand is building for shorter-term replacements due to healthy feedlot margins. Small groups were on offer with limited numbers available, and there was a wide range on similar […]

By Jerry Klassen

Jan. 3, 2017 at 8:29 am CST

February live cattle futures reached six-month highs during the last week of 2016, which quickly spilled over into western Canadian feeder cattle markets. While most auction barns were closed for the holiday season, there was some direct off-farm-to-feedlot movement. Limited sales were reported, but values were $2-$6 higher compared to […]

By Jerry Klassen

Dec. 28, 2016 at 10:46 am CST

Western Canadian feeder cattle prices traded steady with week ago levels. The winter storm forecasted over the holiday season had little influence on buyer behaviour. Limited volumes were noted at most auction barns with many off for the holiday season. However, the market appeared to hold value with feedlot margins […]

By Jerry Klassen

Dec. 20, 2016 at 3:42 pm CST

Western Canadian feeder cattle prices resumed the upward trend after a brief dip during the first major snowstorm of the year. Feeder cattle weighing above 750 lbs. traded $2-$4 above week-ago levels while calves were readily selling for $4 to as much as $8 higher. Optimism abounds in the feedlot […]

By Jerry Klassen