Insights and Stories of Jerry Klassen

Sep. 17, 2024 at 9:34 am CDT

For the week ending September 14, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. However, yearling quality has become quite variable resulting in a diverse price structure.

By Jerry Klassen

Sep. 10, 2024 at 9:20 am CDT

For the week ending September 7, Western Canadian yearling markets traded steady to $5/cwt higher in Alberta but steady to $6/cwt lower in Saskatchewan and Manitoba compared to seven days earlier. Major feedlots in Alberta appear to be focusing on local cattle. The calf market is in price discovery mode with prices quoted $10/cwt higher to $10/cwt lower.

By Jerry Klassen

Sep. 3, 2024 at 9:52 am CDT

For the week ending August 31, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Finishing feedlots are exuding a cautious sentiment. While order buyers had a full deck, there were upside limits. Pen-sized strings of quality yearlings traded at a premium to average values. Alberta […]

By Jerry Klassen

Aug. 28, 2024 at 9:06 am CDT

For the week ending August 24, Western Canadian yearling prices were down $6-$12/cwt from seven days earlier. Calf markets traded $10-$12/cwt below week-ago levels. Larger numbers are coming on stream resulting in the softer tone.

By Jerry Klassen

Aug. 20, 2024 at 9:45 am CDT

For the week ending August 17, Western Canadian feeder cattle prices were $3-$5 lower on average. Three weeks ago, 1,000 pound steers off grass reached up to $340/cwt. This past week, these same cattle were quoted in the range of $315-$325/cwt.

By Jerry Klassen