Insights and Stories of Jerry Klassen

Apr. 28, 2014 at 3:21 am CDT

Western Canadian feeder cattle prices were relatively flat last week, trading steady with week-ago levels while quality replacements were $2-$3 per hundredweight (cwt) higher. Feedlot buying interest was not afraid to pay up larger groups of fancier cattle with limited supplies expected in upcoming weeks. In southern Alberta, black steers […]

By Jerry Klassen

Apr. 20, 2014 at 11:59 pm CDT

Feedlot buying interest appears to be waning at the higher levels as breakeven pen closeout prices on 750-pound-plus feeders continue to creep higher. Upcoming uncertainty in feed grain prices, along with softer wholesale beef values, has the ability to squeeze feeding margins in late summer and feedlot managers are carefully […]

By Jerry Klassen

Apr. 12, 2014 at 9:04 pm CDT

Throughout the winter and early spring period, feeder cattle prices have been trending higher led by strength in beef values throughout the food processing chain. However, it appears consumer demand is now starting to ease, given historical high retail values. Restaurants are also cutting costs or serving smaller portions in […]

By Jerry Klassen

Apr. 7, 2014 at 5:53 am CDT

Western Canadian feeder prices for 800-plus-pound cattle were generally steady with week-ago levels while lower weight categories experienced a week-over-week gain of $3-$6 per hundredweight (cwt). Strength in the U.S. feeder complex led the surge higher on grassers and lighter weight feedlot placement cattle. Healthy feedlot margins continue to support […]

By Jerry Klassen

Mar. 31, 2014 at 6:06 pm CDT

After the buying frenzy in mid-March, western Canadian feeder cattle prices were generally steady last week, with stronger demand noted in the lighter-weight stocker categories. The market is now experiencing 650-pound steers readily trading at $210 per hundredweight (cwt), with favourable pasture conditions expected in most regions of Western Canada. […]

By Jerry Klassen