Insights and Stories of 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

Aug. 31, 2015 at 4:30 pm CDT

Western Canadian feeder cattle prices traded near historical highs this past week despite the chaos in the financial sector and weakness in the fed cattle market. Major operations continued to be aggressive on yearlings, setting a positive tone. The feedlot equity buildup over the past year appears to have increased […]

By Jerry Klassen

Aug. 23, 2015 at 3:31 pm CDT

The feeder cattle market in a world of its own but has a fair amount of new information — mostly negative — to digest as the fall run moves into full steam. Despite the upcoming uncertainty, western Canadian yearling prices were $4 to $8 above last week on very strong […]

By Jerry Klassen

Aug. 17, 2015 at 7:22 pm CDT

Western Canadian feeder cattle prices appeared to shrug off all negative economic news and divorce from the fed cattle complex this past week. Volumes were once again quite thin, characterized by varying quality. Feedlot operators were active on all fronts, especially in southern Alberta where the barley harvest is in […]

By Jerry Klassen