Insights and Stories of Jerry Klassen

Feb. 4, 2013 at 5:50 am CST

I usually discuss weekly market activity regarding the feeder cattle market but cow-calf producers should sometimes take a step back and look at the macro environment for a longer-term perspective. The U.S. Department of Agriculture’s cattle inventory report showed the 2012 calf crop down three per cent from 2011. Beef […]

By Jerry Klassen

Jan. 28, 2013 at 4:53 am CST

Western Canadian feeder cattle prices were steady for yearlings, while lighter-weight cattle appeared to be slightly softer this week. Fed cattle were under pressure due to weaker wholesale beef prices. Retail movement for higher-end cuts appears to have slowed in January while movement for ground beef and lower-quality steaks has […]

By Jerry Klassen

Jan. 20, 2013 at 2:58 am CST

Western Canadian feeder cattle prices were steady to as much as $4 per hundredweight (cwt) lower by the end of the week as the U.S. market came under severe pressure. Stronger corn values, and the announced closing of the Cargill beef slaughter plant at Plainview, Texas set a negative tone […]

By Jerry Klassen

Jan. 13, 2013 at 10:38 am CST

Western Canadian feeder cattle prices were steady to $2 per hundredweight (cwt) higher last week but firm feedgrain values tempered the upside potential. Local auction market volumes were rather light in post-holiday mode. The U.S. market continued to show further strength, trading $3-$5/cwt higher on average in the Midwest. Heavier […]

By Jerry Klassen

Jan. 6, 2013 at 12:47 am CST

Western Canadian feeder cattle prices were steady to $2 per hundredweight (cwt) higher on average last week on seasonally light volumes and many auction barns in holiday mode. The market will likely be more established this week and there appears to be upside momentum in the short term. Barley prices […]

By Jerry Klassen