Insights and Stories of 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

Nov. 4, 2013 at 2:25 pm CST

The Western Canadian feeder cattle market has been trading $3 per hundredweight (cwt) lower to $2/cwt higher in comparison to seven days earlier. Heavier receipts were noted at most auction barns with spring-born calves coming on the market in full swing. Once again, the market remains sensitive to quality features […]

By Jerry Klassen

Oct. 28, 2013 at 8:29 am CDT

The dynamics of the feeder market continue to change, and I feel this is better for the overall beef industry. The overall conclusion is that feedlot operators want to know more information about the feeder cattle and if the buyer cannot supply this information, discounts are noted on the purchase […]

By Jerry Klassen

Oct. 20, 2013 at 1:53 am CDT

Alberta packers bought fed cattle in the range of $120 to $121.50 per hundredweight (cwt) last week, up about $4/cwt from seven days earlier. Strength in fed cattle values, along and improvement in feeding margins, lifted the feeder market by $1-$3/cwt across Western Canada. Cash barley continues to trade at […]

By Jerry Klassen