Insights and Stories of Jerry Klassen

Mar. 22, 2010 at 11:01 pm CDT

March 22 — Feeder cattle prices in Western Canada appear to be consolidating. Auction market volumes are 10 to 15 per cent above last year, reflecting the burdensome supply situation. Alberta and Saskatchewan feedlot placements during February were up 19 per cent over last year; however, marketings were down nine […]

By Jerry Klassen

Mar. 15, 2010 at 1:00 pm CDT

March 12 — Stronger fed cattle prices and improving feedlot margins continue to support Canadian feeder cattle prices. While the Canadian dollar continues to gain on the U.S. greenback, Canadian feeder cattle exports are starting to improve. Unofficial data has weekly February feeder cattle exports averaging 6,000 head per week, […]

By Jerry Klassen

Mar. 9, 2010 at 1:00 pm CST

March 8 — Cash feeder prices in Western Canada have been grinding lower over the past week despite stronger demand from the feedlot sector. The market continues to struggle due to the strength in the Canadian dollar and slower export pace. However, exports should start to pick up later in […]

By Jerry Klassen

Mar. 2, 2010 at 3:44 pm CST

March 1 — Western Canadian feeder cattle prices remain under pressure despite strength in the slaughter cattle market. Alberta and Saskatchewan auction market volumes are running 10-12 per cent above last year’s, but with the slower export pace, supplies will remain above year ago levels into April. As of Jan. […]

By Jerry Klassen

Feb. 22, 2010 at 6:47 pm CST

Feb. 22 — Statistics Canada’s Jan. 1 cattle inventory report was viewed as friendly to the cattle complex due to the lower overall inventory; however, the feeder cattle numbers were actually price-negative. The 2009 calf crop was estimated at 5.11 million head, down marginally from 5.288 million head in 2008. […]

By Jerry Klassen