Insights and Stories of Jerry Klassen

Klassen: Feeder cattle feel vulnerable

Jul. 5, 2010 at 11:07 pm CDT

Feeder cattle prices in Western Canada were steady to $1 higher over the holiday week while U.S. values were steady to $3 higher. Volumes were rather light and many sales barns were closed. Canadian feeder cattle exports have dropped under 2,000 head per week, with little buying interest surfacing for […]

Klassen: Feeder cattle market turns quiet

Jun. 28, 2010 at 11:03 pm CDT

By Jerry Klassen

Klassen: Feeder cattle prices bounce

Jun. 22, 2010 at 1:00 am CDT

By Jerry Klassen

Klassen: Feeder cattle percolate higher

Jun. 14, 2010 at 11:03 pm CDT

By Jerry Klassen

Klassen: Feeder prices marginally recover

Jun. 8, 2010 at 10:31 am CDT

By Jerry Klassen

Klassen: Swampy feedlot conditions limit feeder demand

Jun. 1, 2010 at 11:00 am CDT

Feeder cattle prices were $2 to $5 lower last week as excessive rains plagued most of Western Canada. Feedlots are contending with horrible pen conditions along with major inefficiencies in weight gains as cattle are up to their waists in manure. Lower prices did little to spur on buying enthusiasm […]

By Jerry Klassen

Klassen: Feeder market breaks long-term upward trend

May. 25, 2010 at 5:01 pm CDT

Feeder cattle prices came under pressure this past week on fears that the European debt crisis will slow the economic recovery in North America. Markets don’t like uncertainty and we have seen how fast consumer spending can contract, influencing overall beef consumption. Equity markets have lost over 10 per cent […]

By Jerry Klassen

Klassen: Feeder cattle trend remains intact

May. 16, 2010 at 11:14 pm CDT

Western Canadian feeder cattle prices were steady to $1 higher last week while U.S. prices were $1 to $3 higher. The weaker Canadian dollar enhanced demand from south of the border and domestic buying interest also resurfaced. Buyers searching for grass cattle were out in full force, competing with aggressive […]

By Jerry Klassen

Klassen: Feeder cattle comfortable near historical highs

May. 11, 2010 at 11:08 am CDT

Feeder cattle in Western Canada held value last week despite the Canadian dollar dipping to 12-week lows. Demand for grass cattle has subsided as many farmers are preparing to start seeding. Secondly, there is a fair amount of uncertainty in the world and feedlot operators chose to sit on their […]

By Jerry Klassen

Klassen: Upward trend continues on feeder cattle

May. 4, 2010 at 9:58 am CDT

The upward trend continues in feeder cattle as prices were once again $3 to $5 per hundredweight (cwt) higher last week. Rain across Western Canada has renewed buying interest for grass cattle. Farmers with any significant amount of pasture are now shopping for feeder cattle. The optimistic outlook for fed […]

By Jerry Klassen