Insights and Stories of Jerry Klassen

Dec. 27, 2010 at 12:47 pm CST

Feeder cattle prices in Western Canada have been trending higher throughout 2010. Last week’s prices for cattle weighing over 600 pounds are up 25 per cent in comparison to December of 2009 while lighter weight cattle are up 30-40 per cent over year-ago levels. Prices have gone from 10-year lows […]

By Jerry Klassen

Dec. 21, 2010 at 6:11 am CST

Feeder cattle prices in southern Alberta were $3 to $4 higher for all weight categories last week. Stronger demand was noted for animals weighing 700 pounds and heavier, but good quality calves were also well bid. Calves under 400 pounds reached $175 per hundredweight (cwt); 400- to 500-pound steers sold […]

By Jerry Klassen

Dec. 13, 2010 at 6:10 am CST

The western Canadian feeder cattle market was steady to $2 per hundredweight (cwt) firmer last week for  animals in the 6-weights and higher categories; lightweight feeders were up $5-$8/cwt in comparison to the previous week. We saw 700- to 800-pound steers in southern Alberta trade in the range of $116-$126/cwt […]

By Jerry Klassen

Dec. 6, 2010 at 6:22 am CST

The feeder cattle market is moving to levels where buyers have “ticker shock” and are becoming overwhelmed. Earlier in fall, many feedlot operators were holding back on purchases in hopes of softer values, but we now see these buyers step forward more aggressively before year-end. This last week, we saw […]

By Jerry Klassen

Nov. 29, 2010 at 6:33 pm CST

Feeder cattle markets in Western Canada held steady last week. The initial cold shock usually tempers buying enthusiasm, but we now find cattle buyers accustomed to the wintry conditions. Black Angus seven-weight steers touched $128 per hundredweight. Demand for lighter cattle was also firm with 500-weight cattle trading in the […]

By Jerry Klassen