Insights and Stories of Jerry Klassen

May. 6, 2013 at 12:25 am CDT

Alberta packers were buying fed cattle in the range of $119-$121 per hundredweight (cwt) last week, which was the main factor causing feeders to trade steady to $2/cwt higher. In Nebraska, slaughter steers traded at an all-time record high of $131/cwt as choice wholesale beef prices reached highs not seen […]

By Jerry Klassen

Apr. 29, 2013 at 1:19 am CDT

Favourable weather in southern Alberta, along with stronger fed cattle prices, were the main factors causing the feeder market to trade $2 to $4 per hundredweight (cwt) at most auction barns in Western Canada. Alberta packers were buying slaughter cattle in the range of $118-$119/cwt last week, up a solid […]

By Jerry Klassen

Apr. 22, 2013 at 12:56 am CDT

Western Canadian feeder cattle markets were unstable trading steady to $4 per hundredweight (cwt) lower on average, following major U.S. markets lower. U.S. feeder cattle prices were generally down $5-$7/cwt, with spillover pressure from the broad-based commodity sell-off. Prices in Eastern Saskatchewan and Manitoba were as much $10/cwt below major […]

By Jerry Klassen

Apr. 15, 2013 at 12:27 am CDT

Western Canadian feeder cattle were $2 higher to $2 lower per hundredweight (cwt) on average last week. Eastern Saskatchewan and Manitoba values appeared to be following the U.S. feeder markets, which were down $3-$6/cwt relative to seven days earlier. Demand for grass cattle was evident on the lighter weight categories, […]

By Jerry Klassen

Apr. 8, 2013 at 9:00 am CDT

Western Canadian feeder cattle prices were steady to $2 per hundredweight (cwt) higher on average, with certain auction barns reporting prices $2-$4/cwt higher, especially for lighter weight feeders under 600 pounds. The Canadian market was led higher by prices in the U.S. major markets which were a solid $2-$4/cwt higher […]

By Jerry Klassen