Insights and Stories of 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

Apr. 9, 2012 at 3:20 pm CDT

Western Canadian feeder cattle prices were down $3-$5 per hundredweight on average last week; feedlot buying interest dropped off sharply for replacement cattle as the fed market dipped to $110/cwt, which was down $4-$6/cwt from prices earlier in April. Comments from the industry suggest that packers experienced one of the […]

By Jerry Klassen

Apr. 1, 2012 at 11:04 pm CDT

Western Canadian feeder cattle prices were $1-$3 per hundredweight lower last week due to softer fed cattle prices and stronger barley values. Feedlot buying interest has eased, with higher break-even costs in the deferred months. Lacklustre demand was noted for grass cattle despite an improvement in pasture conditions across most […]

By Jerry Klassen

Mar. 25, 2012 at 11:01 pm CDT

Western Canadian feeder cattle prices were steady to $2 per hundredweight lower last week. Weakness in the deferred live cattle futures, along with stronger barley prices, set a negative tone. Larger volume of 800-pound-plus cattle are coming on the market and with cattle-on-feed numbers above last year, demand for replacement […]

By Jerry Klassen