Insights and Stories of Jerry Klassen

Mar. 5, 2012 at 12:01 am CST

Western Canadian feeder cattle prices were steady to $2 per hundredweight higher on average in comparison to week-ago levels. Buyers appeared to be more aggressive for cattle over 800 pounds. A large group of tan/white Charolais steers averaging 935 pounds sold for $141/cwt west of Edmonton, which is a record […]

By Jerry Klassen

Feb. 27, 2012 at 12:02 am CST

Feeder cattle in Western Canada were $2-$3 per hundredweight higher for the second week in a row. Strength in the deferred live cattle futures, along with stronger beef wholesale prices, set a positive tone to the feeder market. In central Alberta, a small group of red Angus-cross steers weighing 608 […]

By Jerry Klassen

Feb. 20, 2012 at 12:22 am CST

Feeder cattle prices in Western Canada were steady to $3 per hundredweight higher last week after stagnating in the first half of February. A small group of medium-flesh Angus-cross steers averaging 548 pounds reached over $180/cwt at a presort sale in central Alberta. A large group of exotic steers weighing […]

By Jerry Klassen

Feb. 14, 2012 at 12:01 am CST

Western Canadian feeder cattle were steady to $2 per hundredweight weaker while heavier feeder cattle were down $2-$4/cwt. Fed cattle in Alberta sold for $112/cwt, also down $2 from the previous week, which spilled over into shortkeep replacement cattle. Larger groups of quality cattle continue to hold value but buyers […]

By Jerry Klassen

Feb. 6, 2012 at 12:07 am CST

Western Canadian feeder cattle prices were $2 per hundredweight lower to $2 per hundredweight higher in comparison to a week earlier. Sellers were passing on record-high bids for heavier-weight feeder cattle, which is usually a signal that the market is due for a correction. Angus-cross light-flesh steers averaging 880 pounds […]

By Jerry Klassen