Insights and Stories of Jerry Klassen

Oct. 6, 2014 at 5:19 pm CDT

Western Canada’s feeder cattle markets continue to show signs of exorbitant strength as the fall run moves into full gear. Many auction markets were featuring the first calf sales of the season, defining the market structure for the next few weeks. Major feeding regions such as southern Alberta saw quality […]

By Jerry Klassen

Sep. 29, 2014 at 12:59 am CDT

Western Canadian feeder cattle prices surged $4-$6 per hundredweight (cwt) and in some cases as much as $10/cwt over the past seven days. Feedlot buyers became more aggressive in the market, now that corn silage season in southern Alberta is in the final stages. Favourable weather also enhanced buying interest, […]

By Jerry Klassen

Sep. 21, 2014 at 12:42 am CDT

Western Canadian feeder cattle prices were $3 to $4 per hundredweight (cwt) higher on average. Cattle buyers were scrambling to fill orders on yearlings as supply uncertainty continues to drive prices higher. Feedlot vacancy is at seasonal lows and operators want to fill pens as soon as possible. Feeding margins […]

By Jerry Klassen

Sep. 8, 2014 at 7:03 pm CDT

September has started with a roar, with fresh lofty levels reached on all weight categories and classes of feeder cattle. The slower summer period gave feedlot operators a chance to rejuvenate and there was no shortage of optimism and energy at auction barns across the Prairies. The equity building over […]

By Jerry Klassen

Sep. 1, 2014 at 8:42 pm CDT

The western Canadian feeder cattle market continues to trade in a volatile fashion. Similar-quality cattle varied by as much as $10 per hundredweight (cwt) in some cases, especially on calves under 600 pounds. There are three key factors enhancing the volatility in the feeder market at this time. First, wholesale […]

By Jerry Klassen