Insights and Stories of Jerry Klassen

Jun. 22, 2010 at 1:00 am CDT

Feeder cattle prices are $2 to $4 higher for the second week in a row. Prices have bounced off the recent lows as the available supplies begin to decline. Auction markets are experiencing the seasonal slowdown while buyers are contending with excessive rain. Alberta and Saskatchewan feedlot conditions remain poor, […]

By Jerry Klassen

Jun. 14, 2010 at 11:03 pm CDT

Cash feeder prices in Western Canada were $1 to $3 higher last week. Demand was steady for 6- to 7-weight cattle but buying interest picked up for feeders in the 8-weight and heavier category. Export movement has slowed with weekly numbers under 5,000 head per week; however, U.S. order buyers […]

By Jerry Klassen

Jun. 8, 2010 at 10:31 am CDT

Feeder cattle prices in Western Canada were steady to $2 higher last week; U.S. prices were $1 to $3 higher on average. Despite the U.S. Memorial Day holiday, the market was fairly solid as U.S. fed cattle sold for $1 to $2 higher. Gains in the slaughter market were transferred […]

By Jerry Klassen

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

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