Insights and Stories of Jerry Klassen

May. 3, 2011 at 7:08 am CDT

Feeder cattle in Western Canada were $2 to $3 lower last week despite the lower numbers coming on the market. Weakness in the fed cattle prices, along with the potential for negative feeding margins, set a softer tone in the feeder complex. Buyers were not receiving the stream of orders […]

By Jerry Klassen

Apr. 25, 2011 at 5:11 pm CDT

Feeder cattle prices in Western Canada continue to grind lower due to softer slaughter values and rising feedgrain prices. Alberta fed cattle dropped $2 to $4 last week, with steers trading in the range of $108.50 to $111. On Monday (April 25), cattle in Texas traded at $117, down from […]

By Jerry Klassen

Apr. 18, 2011 at 11:01 pm CDT

Feeder cattle prices in Western Canada were $2 to $3 lower last week due to weaker slaughter values and rising barley prices. Alberta steers in the 500- to 600-pound category traded in the range of $140 to $150; auction markets reported 600- to 700-pound replacement steers in the range of […]

By Jerry Klassen

Apr. 12, 2011 at 2:41 pm CDT

Feeder cattle prices in Western Canada were $1-$4 per hundredweight (cwt) lower on average for the week ending April 8. Feeder steers weighing 625 pounds sold for $155/cwt in southern Alberta while good quality 720-lb. cattle brought back $135/cwt. The Alberta slaughter market was $2 to $3 lower finishing at […]

By Jerry Klassen

Apr. 5, 2011 at 1:06 am CDT

Feeder steers ranging from 700 to 750 pounds brought back $133 per hundredweight (cwt) in central Alberta last week while lighter eight-weight cattle sold for $126/cwt. The feeder market appears to be consolidating at the higher levels, with feedyard managers extremely cautious after last week’s U.S. Department of Agriculture report. […]

By Jerry Klassen