Insights and Stories of 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

Mar. 24, 2014 at 1:19 am CDT

Western Canadian feeder cattle prices were generally steady to $3 per hundredweight (cwt) higher while lighter weight stockers under 600 pounds were $3-$5/cwt higher. Order buyers are telling feedlot managers that quality cattle are in tight supply and despite record-high prices, the “just get ’em” orders continue to flow into […]

By Jerry Klassen

Mar. 17, 2014 at 5:02 pm CDT

Feeder cattle weighing under 700 pounds sold $2-$4 per hundredweight (cwt) higher last week in Western Canada while heavier replacements were steady to $2/cwt above week-ago levels. Quality feeder cattle supplies are starting to wane this time of year and feedlot managers were aggressively bidding on performance-based replacements. Buying interest […]

By Jerry Klassen

Mar. 10, 2014 at 9:26 am CDT

Western Canadian feeder cattle prices were $4 to $6 per hundredweight (cwt) higher last week with quality mid-weight cattle showing a week-over-week increase of $10/cwt. Feeding margins have been in positive territory since the beginning of the year, reaching over $200 per head in some cases, which is the main […]

By Jerry Klassen