Insights and Stories of Jerry Klassen

Oct. 2, 2012 at 4:33 am CDT

Western Canadian feeder cattle prices were $1 to $3 lower on average across Western Canada. The E. coli-related beef recall, along with the temporary closure of the XL Foods plant at Brooks, Alta., has set a negative tone to fed and feeder cattle prices. Fed cattle prices dropped to $106 […]

By Jerry Klassen

Sep. 24, 2012 at 5:49 pm CDT

Western Canadian feeder cattle prices were steady with week-ago levels while certain classes of replacement cattle were $2-$3 per hundredweight (cwt) lower. Auction market volumes are increasing and cattle buyers are starting to be more demanding with feedlot margins under pressure. Marginal discounts were noted on cattle with no special […]

By Jerry Klassen

Sep. 17, 2012 at 12:54 pm CDT

Western Canadian feeder cattle prices were steady to $2 per hundredweight higher last week. The main yearling run has been delayed by approximately three weeks because of favourable pasture conditions and plentiful forage. Therefore, feedlot operators are bidding more aggressively for the smaller available supplies. Lighter-weight feeder cattle had a […]

By Jerry Klassen

Sep. 10, 2012 at 12:48 pm CDT

Western Canadian feeder cattle prices were $2 to $4 per hundredweight (cwt) higher than week-ago levels. Auction markets are starting to experience larger volumes and feedlots are running with seasonally low numbers. Feedlot managers are stepping forward more aggressively with the deferred feeder and live cattle futures pointing to higher […]

By Jerry Klassen

Sep. 4, 2012 at 5:26 pm CDT

Western Canadian feeder cattle prices were steady with week-ago levels as the yearling run moves into full gear. Feedlot managers continue to step forward quite aggressively, with many lots running less than 50 per cent capacity. Lighter weight calves were actually up $2-$3 per hundredweight (cwt) on average due to […]

By Jerry Klassen