Insights and Stories of Jerry Klassen

Oct. 19, 2010 at 1:45 am CDT

Calf prices in Western Canada were $2 to $4 higher over the past week, with 600-pound steers bringing back $129 per hundredweight (cwt). We also saw heaver yearlings weighing 950 pounds selling for $107/cwt, about $2/cwt above week-ago levels. We are seeing a significant premium in Western Canada over central […]

By Jerry Klassen

Oct. 11, 2010 at 11:45 pm CDT

Calf prices in Western Canada were $1 to $2 higher than week-ago levels but heavier replacement cattle and late blooming yearlings were $2 to $3 weaker. Feedlot buying interest remains strong and there seem to be limited discounts for unweaned calves or regular-run cattle. Feeder cattle futures were down sharply […]

By Jerry Klassen

Oct. 4, 2010 at 11:43 pm CDT

Western Canadian feeder cattle were $2 to $3 higher on average in comparison to week-ago levels. Steers weighing just over 900 pounds brought back $106 in central Alberta while similar prices were Manitoba and Saskatchewan. Buying interest for calves was also strong, with 6-weight steers selling for over $125 in […]

By Jerry Klassen

Sep. 27, 2010 at 5:43 pm CDT

U.S. yearling prices were $3-$4 per hundredweight (cwt) lower last week as Chicago Board of Trade (CBOT) corn futures reached their highest levels in two years. U.S. calves were moving $3-$7/cwt lower amidst lower demand and increasing head counts. Buying interest for replacement cattle has subsided, with feeding margins under […]

By Jerry Klassen

Sep. 21, 2010 at 3:19 am CDT

U.S. feeder values for weaned calves and yearlings were $3 to $5 lower last week due to stronger feedgrain values. Chicago Board of Trade (CBOT) corn futures made new highs last week, resulting in lower bids for replacement cattle, despite the strength in the deferred live cattle futures. Canadian prices […]

By Jerry Klassen