Insights and Stories of Jerry Klassen

Oct. 5, 2015 at 7:33 pm CDT

Western Canadian feeder cattle prices were traded $15 to $25 below week-ago levels, suffering one of the largest declines in history. Heavier replacement cattle led the market lower, trading down $20 from week-ago levels, while feeders under 600 pounds dropped $10 to $12 on average. Feedlot operators pulled in the […]

By Jerry Klassen

Sep. 28, 2015 at 7:23 pm CDT

Western Canadian feeder cattle prices traded $3 to $7 lower in comparison to week-ago levels as the market continues to digest the weaker fed market and softer wholesale beef values. Feedlot operators were more cautious, realizing the current prices don’t pencil profitably, while the deferred live cattle futures dropped like […]

By Jerry Klassen

Sep. 24, 2015 at 9:22 am CDT

Western Canadian feeder cattle prices were under pressure the week ending Sept. 19, trading $5 to as much as $10 lower compared to seven days earlier. Negative feeding margins along with a major selloff in live cattle futures destroyed the buying enthusiasm that was evident earlier in August. Feedlot operators […]

By Jerry Klassen

Sep. 14, 2015 at 7:23 pm CDT

The upward momentum in the feeder cattle complex appears to have subsided over the past week. Western Canadian prices were relatively stable with week-ago levels but there were cases of quality yearling packages (800-plus lbs.) trading $2 to $4 higher. Excellent pasture conditions and optimal weather have delayed feature sales […]

By Jerry Klassen

Sep. 8, 2015 at 8:13 pm CDT

Western Canadian feeder cattle prices were generally stronger this past week, with increased volatility at the higher price levels. Larger volumes were noted in Alberta, while Saskatchewan and Manitoba auction markets have yet to come on in full force. Buyers were more finicky in regards to quality features, causing some […]

By Jerry Klassen