Insights and Stories of Jerry Klassen

May. 14, 2012 at 7:00 am CDT

The feeder cattle market showed a mixed tone this past week. Replacement cattle over 750 pounds were $2 per hundredweight (cwt) lower to $2 higher, but lighter feeders were $2-$4/cwt higher. Feedlots realize that available feeder cattle supplies will decrease over the next couple months. However, with feeding margins deteriorating, […]

By Jerry Klassen

May. 7, 2012 at 4:28 pm CDT

Western Canadian feeder cattle prices appear to have stabilized for the time being. Auction market volumes are declining in line with the seasonal tendency and demand is sufficient to sustain the current price structure. Fed cattle prices were down as much as $3 per hundredweight (cwt), which continues to weigh […]

By Jerry Klassen

Apr. 29, 2012 at 11:30 pm CDT

Feeder cattle prices were steady to $2 lower in comparison to a week earlier. A mixed group of age-verified steers weighing 581 pounds sold for $166 per hundredweight in east central Alberta. Charolais-cross medium-flesh age-verified steers weighing 680 lbs. traded for $160 in the Picture Butte area. A larger group […]

By Jerry Klassen

Apr. 23, 2012 at 3:06 am CDT

Western Canadian feeder cattle prices appear to have stabilized for the time being. Auction market volumes have declined, with the small-farmer cattle feeder preparing for spring seeding. The market will likely consolidate over the next month as warmer temperatures materialize. Demand for grass cattle improved last week but with barley […]

By Jerry Klassen

Apr. 16, 2012 at 9:23 am CDT

Western Canadian feeder cattle prices were steady to $3 per hundredweight lower last week. Alberta feedlots are backlogged with market-ready supplies and this has slowed purchases of replacement cattle. Carcass weights are 30 pounds heavier compared to April of 2011, and there appears to be a two-week back-up of packer […]

By Jerry Klassen