Insights and Stories of 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

Apr. 1, 2013 at 8:05 am CDT

Western Canadian feeder cattle prices were generally steady with week-ago levels but the market is poised for stronger prices in the fall period. Thursday’s U.S. Department of Agriculture report was negative for feedgrain prices as corn stocks will be sufficient to satisfy feeding requirements until the new crop. At the […]

By Jerry Klassen

Mar. 26, 2013 at 9:31 am CDT

Western Canadian feeder cattle prices were $2-$4 per hundredweight (cwt) lower last week as feeding margins fell further into red ink. Fed cattle prices in Alberta were also $2-$3/cwt lower trading in the range of $111-$112/cwt. Feedlot operators have endured a prolonged period of negative margins, which is starting to […]

By Jerry Klassen

Mar. 19, 2013 at 4:57 pm CDT

The beef complex has been heavily influenced by adverse winter weather in the major urban areas of Eastern Canada and along the U.S. Eastern Seaboard. Restaurant traffic and retail beef movement have been slower than expected as consumers endure unprecedented snowstorms. While average consumer spending generally slows the first two […]

By Jerry Klassen