Insights and Stories of 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

Sep. 6, 2011 at 2:44 pm CDT

Western Canadian yearling prices were $2 higher to $3 lower in comparison to seven days earlier, while feeder cattle under 700 pounds were relatively unchanged. Major feedlots continue to set the tone, paying light premiums for good-quality age-verified cattle. This caused an uneven tone and regional differences were also noted. […]

By Jerry Klassen

Aug. 30, 2011 at 8:44 am CDT

Feeder cattle prices were steady to $2 higher on average across Western Canada last week. Feedlot demand was healthy for all weight categories with lighter calves moving into custom backgrounding operations. In southern Alberta, a group of 220 large-frame Charolais-cross steers averaging 805 pounds sold for $136 per hundredweight (cwt). […]

By Jerry Klassen