Insights and Stories of Jerry Klassen

Aug. 1, 2011 at 11:01 pm CDT

Feeder cattle prices were steady to $2 per hundredweight (cwt) softer last week. Auction rings saw limited number of cattle come through and many buyers were still in holiday mode. In southern Alberta 600- to 700-pound steers averaged $142/cwt while demand was stronger for 700- to 800-pound cattle which averaged […]

By Jerry Klassen

Jul. 26, 2011 at 8:49 am CDT

Sweltering heat has slowed beef consumption on the restaurant and retail level. Top Alberta slaughter prices were reported at $97/cwt, down $7/cwt to $10/cwt from last week with many feedlots holding back on sales. U.S. fed prices were also $3 softer with cattle moving at $108/cwt in Kansas. A healthy […]

By Jerry Klassen

Jul. 11, 2011 at 11:01 pm CDT

Western Canadian feeder cattle prices were $2 to $3 higher last week. Most auction markets reported very little volume and many cattle buyers remain on holidays at the Calgary Stampede. In central Alberta, 800- to 900-pound steers averaged $128 with feedlots showing stronger interest for heavier replacements. Alberta packers bought […]

By Jerry Klassen

Jul. 4, 2011 at 11:04 pm CDT

Western Canadian feeder cattle prices were steady to $2 higher in comparison to week-ago levels. Very light auction volumes were reported with many sale barns closed for summer holidays. Feedlot buying interest started to improve late in the week but with limited supplies available, there wasn’t a significant test of […]

By Jerry Klassen

Jun. 28, 2011 at 11:05 am CDT

Western Canadian feeder cattle prices were steady to $3 higher last week while U.S. prices jumped $4 to $8. Auction market volumes were extremely light while most cattle buyers started their holiday season. It’s that time of year when quality feeder cattle are hard to find and feedlot owners have […]

By Jerry Klassen