Insights and Stories of Jerry Klassen

Klassen: U.S. weather strengthens feeder market

Feb. 16, 2010 at 12:16 am CST

Feb. 15 — The 2008 Canadian calf crop was 5.288 million head. The January-through-June 2009 calf crop was 4.402 million. My projections have the July-through-December 2009 calf crop at 700,000 head. (Official data will be available later this month.) If we account for dairy retention, Canadian beef calves born from […]

Klassen: Tighter feeder supplies expected in spring

Feb. 8, 2010 at 11:59 pm CST

By Jerry Klassen

Klassen: USDA confirms lower calf crop

Feb. 2, 2010 at 4:37 pm CST

By Jerry Klassen

Klassen: Feeder cattle values edge higher

Jan. 25, 2010 at 6:30 pm CST

By Jerry Klassen

Klassen: Weaker feedgrain values support feeders

Jan. 19, 2010 at 5:51 pm CST

By Jerry Klassen

Klassen: Feeder market stays under pressure

Jan. 12, 2010 at 2:09 am CST

Jan. 11 — Feeder cattle prices in Western Canada were slightly lower over the past week due to the stronger Canadian dollar and weaker feedlot demand. Weather is setting a negative tone to overall market conditions on both sides of the border. Feedlots in the U.S. southern Plains were dealing […]

By Jerry Klassen

Klassen: Longer-term price outlook friendly on feeders

Jan. 5, 2010 at 4:12 pm CST

Jan. 4 — Auction markets have been rather quiet over the past couple weeks due to the holiday schedule. Feeder cattle prices appear to have stabilized for the time being. Looking forward, there are still a number of risks weighing on the market in the short term. Finishing feedlot margins […]

By Jerry Klassen

Klassen: Stronger loonie weighing on feeder cattle

Dec. 29, 2009 at 11:59 pm CST

Dec. 28 — The Canadian dollar has been trading in a range of US92-98 cents since October and the market is now at the upper end of this range. When a market trades in a range for a long period of time and then breaks out of this range, there […]

By Jerry Klassen

Klassen: Feeder cattle prices softer

Dec. 21, 2009 at 6:47 pm CST

Dec. 21 — The western Canadian feeder cattle market has stabilized after a week of harsh weather. Year-end income management, along with lower numbers coming on the market, resulted in a slightly higher price structure. The U.S. feeder market was steady to $3 higher, but this had a limited effect […]

By Jerry Klassen

Klassen: Extreme temperatures temper feeder demand

Dec. 15, 2009 at 4:07 pm CST

Dec. 15 — The U.S. feeder market was $3 to $5 lower last week; Canadian values were steady to $3 lower. Adverse weather conditions across North America set a negative tone to the feeder market. Feedlots in Western Canada are dealing with extreme weather conditions and are not looking to […]

By Jerry Klassen

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