Insights and Stories of Jerry Klassen

Jul. 7, 2014 at 12:49 am CDT

Western Canadian feeder cattle prices were undefined this past week due to the holiday schedule and an extremely light run at major auction markets. However, the market appears to be well supported in the wake of stronger fed cattle prices, which reached fresh record highs in Canada and the U.S. […]

By Jerry Klassen

Jun. 28, 2014 at 5:24 pm CDT

Fed cattle values jumped in Canada and the U.S. this past week, which led the feeder market higher on both sides of the border. Alberta packers were buying fed cattle at $153.50 per hundredweight (cwt), up from $150/cwt earlier in June. Cattle trade in the U.S. Southern Plains occurred in […]

By Jerry Klassen

Jun. 22, 2014 at 5:28 pm CDT

Western Canadian feeder cattle prices were $3-$6 per hundredweight (cwt) higher last week as buyers continue to scramble for limited supplies. Recent rains have enhanced pasture conditions across the Prairies and there will be little incentive to market cattle over the next month. Many cattle buyers are taking a couple […]

By Jerry Klassen

Jun. 18, 2014 at 2:59 am CDT

Western Canadian feeder cattle prices jumped $5-$7 per hundredweight (cwt) last week. Recent rains caused adverse pen conditions in southern Alberta, but this did little to stem buying enthusiasm. Alberta packers were buying fed cattle at $150/cwt as tighter beef supplies continue to cause counter-seasonal market behaviour in the beef […]

By Jerry Klassen

Jun. 9, 2014 at 2:40 pm CDT

Weaker feed grain values, along with stronger fed cattle prices, caused Western Canadian feeder cattle prices to trade steady to $2 per hundredweight (cwt) higher. The market was relatively undefined given the lack of volume. Some producers were holding back smaller groups or “underdeveloped stragglers” as gambling stocks, but these […]

By Jerry Klassen