Insights and Stories of Jerry Klassen

Dec. 5, 2011 at 4:59 am CST

Western Canadian feeder cattle prices were steady to $2 per hundredweight (cwt) higher last week. Stronger buying interest was attributed to positive feeding margins, year-end buying and positive economic data. Run-of-the-mill mixed steer calves in central Alberta averaging 524 pounds brought back $167/cwt. Red Angus-Simmental cross steers with Ralgro implants […]

By Jerry Klassen

Nov. 29, 2011 at 8:55 am CST

Western Canadian feeder cattle prices were $2-$4 per hundredweight (cwt) lower on average last week. Run-of-the-mill red and black large-framed heifers averaging 638 pounds with no special qualities sold for $138/cwt landed in southern Alberta. Red and black Angus steers averaging 600 lbs. sold for $147/cwt in central Alberta. Simmental-red […]

By Jerry Klassen

Nov. 21, 2011 at 4:23 am CST

Western Canadian feeder cattle prices continue to trade in a mixed volatile pattern. A Pfizer Gold age-verified group of Charolais-cross steers averaging 520 pounds sold for $162 per hundredweight in central Alberta. Run-of-the-mill Simmental-cross steers averaging 510 lbs. sold for $151/cwt in the same region. The market is starting to […]

By Jerry Klassen

Nov. 14, 2011 at 1:45 am CST

Feeder cattle prices across Western Canada were $2 lower to $3 higher last week depending on the location of the sale. Feeder cattle prices are running 20 per cent above year-ago levels and available financing is limiting the buying power. Despite the equity buildup over the past year, many feedlot […]

By Jerry Klassen

Nov. 8, 2011 at 5:31 am CST

Western Canadian feeder cattle prices were steady to $2 higher on average last week. Alberta fed cattle prices reached $110 per hundredweight, up $3 from a week ago, and this strength spilled over into the feeder complex. A group of 100 Charolais-cross steers averaging 875 pounds, looking green and a […]

By Jerry Klassen