Insights and Stories of Jerry Klassen

Dec. 9, 2013 at 8:47 pm CST

Extremely cold temperatures along with adverse feedlot conditions caused feeder cattle prices to trade steady to $3 per hundredweight (cwt) lower on average last week across Western Canada. This first blast of winter came as a shock to many feedyards, resulting in limited buying interest for fresh calves. The market […]

By Jerry Klassen

Dec. 1, 2013 at 1:36 am CST

Western Canadian feeder cattle prices were steady to $4 per hundredweight (cwt) lower last week depending on the region. A slightly softer U.S. feeder market has spilled over into Manitoba and eastern Saskatchewan, while major operations in Alberta are comfortable with current inventory levels, which has limited the buying interest […]

By Jerry Klassen

Nov. 25, 2013 at 6:32 am CST

Western Canadian feeder cattle values were quite variable over the last week as feedlot managers were paying premiums for quality features. Feeding margins have become so fine-tuned over the past year that any calf lacking performance quality was discounted accordingly. Order buyers have sharpened their senses and there is no […]

By Jerry Klassen

Nov. 18, 2013 at 5:14 pm CST

Western Canadian feeder cattle prices were generally steady with week-ago levels with no major feature influencing the market structure. The market actually felt sluggish while overall auction volumes remain at seasonal highs. Winter-type conditions in southern Alberta caused a defensive tone among major feedlot operators who shied away from bawling […]

By Jerry Klassen

Nov. 11, 2013 at 5:05 am CST

Alberta packers were buying fed cattle in the range of $123 to $124 per hundredweight (cwt) this week, up $2 in comparison to seven days earlier. Healthy pen closeouts and stronger April live cattle futures appeared to renew buying enthusiasm for feeder cattle. Similar to last week, heavier calves were […]

By Jerry Klassen