Insights and Stories of 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

Nov. 5, 2012 at 8:30 am CST

Western Canadian feeder cattle prices were $2/cwt higher to $3/cwt lower last week with each province experiencing a volatile price structure. Adverse weather conditions along with soft cattle futures caused major feedlots to lower their buying ideas. Certain lots are backed up with market-ready supplies and are looking to liquidate […]

By Jerry Klassen

Oct. 29, 2012 at 12:27 am CDT

Southern Alberta feeder cattle prices were steady to $2 higher on average last week. However, the market was uneven in other areas of Western Canada, trading steady to $3 per hundredweight (cwt) lower. The yearling run is coming to a close as feedlots step forward more aggressively for weaned calves. […]

By Jerry Klassen

Oct. 22, 2012 at 2:48 am CDT

Buyers are starting to step forward more aggressively for replacement cattle as auction market volumes increase in line with the seasonal tendency. The market is realizing buying interest from the small-farmer backgrounding operator; major feedlot operators continue to be stepping forward despite higher barley prices. Cash barley bids reached $280 […]

By Jerry Klassen