Insights and Stories of Jerry Klassen

Dec. 11, 2012 at 7:20 am CST

Western Canadian yearling prices were steady to $3 per hundredweight (cwt) higher last week while calf prices were mixed. Alberta packers were buying fed cattle in the range of $118 to $119.25, up $2 from seven days earlier which spilled over into the heavier classes of feeder cattle. Feedlot margins […]

By Jerry Klassen

Dec. 3, 2012 at 6:17 am CST

Western Canadian feeder cattle prices were $2 per hundredweight (cwt) lower to $2/cwt higher last week. Fed cattle in Alberta reached up to $118/cwt, up a solid $2/cwt from seven days earlier which appeared to renew feedlot buying interest. Cash barley bids in Southern Alberta were also down $2 on […]

By Jerry Klassen

Nov. 26, 2012 at 3:50 am CST

Western Canadian feeder cattle prices continue to consolidate trading steady to $2 per hundredweight (cwt) lower depending on the region. Fed cattle prices were up $2/cwt on average, which was supportive for heavier replacement cattle but feedlot margins continue to hover in red ink. There is no shortage of beef, […]

By Jerry Klassen

Nov. 19, 2012 at 4:17 pm CST

Western Canadian feeder cattle prices were steady with week-ago levels. The yearling run is basically finished and a larger volume of calves are coming on the market. A larger group of exotic medium-flesh steers weighing just over 500 pounds sold for $154 per hundredweight (cwt) in central Alberta. Black Angus-cross […]

By Jerry Klassen

Nov. 12, 2012 at 11:02 am CST

Western Canadian feeder cattle prices were steady to $2 per hundredweight (cwt) higher last week; light-weight calves were uneven, down $3 to up $4/cwt in comparison to seven days earlier. Strength in the fed cattle market renewed buying enthusiasm from major feedlot operators for yearlings and heavier calves. However, adverse […]

By Jerry Klassen