Insights and Stories of Jerry Klassen

Oct. 10, 2011 at 11:22 pm CDT

The weaker Canadian dollar, along with stronger beef prices and lower market-ready supplies, caused fed cattle to jump $4 per hundredweight (cwt) last week. Alberta packers paid up to $111/cwt in a struggle to fill nearby demand. Feeder cattle prices followed suit, edging up $2-$3/cwt on average, with lighter-weight cattle […]

By Jerry Klassen

Oct. 3, 2011 at 4:24 am CDT

Western Canadian feeder cattle prices were $2-$3 per hundredweight (cwt) higher last week on average. Strong demand was noted on all weight categories, with heavier replacements sometimes up $3-$4/cwt. A group of red and black Angus-based steers weighing 920 pounds with no special qualities sold for $123/cwt in central Alberta. […]

By Jerry Klassen

Sep. 26, 2011 at 6:18 pm CDT

Feeder cattle prices across Western Canada were steady to $2 higher on average with stronger demand surfacing in the lighter weight categories. Pee-wee steer calves under 350 pounds sold for $186 per hundredweight (cwt) in central Alberta, which is near all-time record highs for any weight category. Black Angus-based age-verified […]

By Jerry Klassen

Sep. 19, 2011 at 4:22 am CDT

Western Canadian feeder cattle prices were up $1-$3 on average last week as major feedlot operators were more aggressive to secure nearby supplies. Steers in the range of 700 to 800 pounds averaged $140 per hundredweight (cwt); yearlings in the 800- to 900-pound category averaged $130-$132/cwt while replacement cattle over […]

By Jerry Klassen

Sep. 12, 2011 at 11:01 pm CDT

Western Canadian feeder cattle prices were steady to $2 lower last week as weaker fed cattle prices and stronger feedgrain values set a negative tone. Wholesale beef prices have come under pressure due to weaker consumer confidence and softer equity values. Labour Day beef demand was somewhat disappointing and retailers […]

By Jerry Klassen