Insights and Stories on Jerry Klassen

Apr. 26, 2022 at 11:18 am CDT

Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Southern Alberta experienced severe wind and dust storms last week which softened buying interest from a large portion of feedlot operators. At the same time, grass conditions are quite variable across the Prairies despite […]

By Jerry Klassen

Apr. 19, 2022 at 7:35 pm CDT

Compared to last week, western Canadian yearling prices unchanged to $4 lower on average while calves were down $4 to as much as $8 in some cases. The steer-heifer spread appeared to widen by $2-$3 for yearlings and $3-$6 for calves. Adverse weather set a negative tone and the market […]

By Jerry Klassen

Apr. 5, 2022 at 3:25 am CDT

Compared to last week, western Canadian yearling prices were $2-$4 higher on average while calves were steady to as much as $5 higher. Alberta packers were buying fed cattle on a dressed basis in the range of $273-$275 delivered; live prices were quoted at $161 f.o.b. the feedlot. There is […]

By Jerry Klassen

Mar. 29, 2022 at 3:49 am CDT

Compared to last week, western Canadian yearling prices were $3-$5 lower on average while calves traded steady to $4 lower. Outside central Alberta, the steer-heifer spread appeared to widen by $2-$4. Strength in corn futures contributed to the defensive tone. Feedlot operators buying hand-to-mouth have been caught off guard with […]

By Jerry Klassen

Mar. 22, 2022 at 10:33 am CDT

Compared to last week, western Canadian feeder cattle markets traded $2-$4 on either side of unchanged. Major feedlot operations in Alberta continue to carry large numbers of market-ready cattle. The backlog of fed cattle appears to be worse than earlier anticipated. Yearlings were featured at auction barns in the main […]

By Jerry Klassen