Insights and Stories of Jerry Klassen

Jun. 23, 2013 at 12:55 pm CDT

Heavy rains over the past week in southern Alberta caused most major feedlot operators to halt purchases of replacement cattle. Therefore, the market had a softer tone despite lower volumes coming on the market. Cost per pound gain can increase by 10 to 15 per cent when pen conditions deteriorate, […]

By Jerry Klassen

Jun. 17, 2013 at 2:12 pm CDT

Western Canadian feeder cattle prices were steady to $3 per hundredweight (cwt) lower in comparison to seven days earlier, depending on the weight category. Alberta packers were buying slaughter steers in the range of $118-$122/cwt and this volatility resulted in softer bids for heavier replacements. Favourable pasture and forage conditions […]

By Jerry Klassen

Jun. 9, 2013 at 11:36 pm CDT

Western Canadian feeder cattle prices were generally steady with week-ago levels, with auction barns experiencing lower volumes. The cow-calf producer has hopes of higher prices later in summer, and with plentiful forage supplies and favourable pasture conditions, there is little incentive to move cattle to auction. Backgrounding operators have also […]

By Jerry Klassen

Jun. 3, 2013 at 3:06 pm CDT

Western Canadian feeder cattle prices were generally steady to $2 per hundredweight (cwt) higher on average last week as Alberta fed cattle prices surged by $4/cwt, reaching $123.50. Feedlot margins are now clearly in positive territory for the first time since last summer and there appears to be renewed enthusiasm […]

By Jerry Klassen

May. 27, 2013 at 11:18 am CDT

Western Canadian feeder cattle prices were steady with week-ago levels as lower volumes were noted at all auction yards. The farmer/cattle producer was busy seeding and pasture conditions remain favourable across the Prairies. Major feedlot operators are content with current inventories into the summer months, given the feedgrain and margin […]

By Jerry Klassen