Insights and Stories on Jerry Klassen

Jun. 25, 2019 at 10:43 am CDT

Compared to last week, western Canadian yearling prices were relatively unchanged while calf values were extremely variable. In Alberta, calf prices were holding value but in Saskatchewan and Manitoba, feeder cattle under 650 lbs. were $3 to as much as $8 lower in some cases. Recent rains in Saskatchewan have […]

By Jerry Klassen

Jun. 24, 2019 at 7:07 pm CDT

MarketsFarm — Canadian farmers will likely grow less canola and more barley in 2019, though the jury is out on exact acreage numbers ahead of Statistics Canada’s seeded area estimates due out Wednesday. Barley prices have hit “historic highs” thanks to inclement corn-growing weather in the United States, which has […]

By Marlo Glass – MarketsFarm

Jun. 11, 2019 at 2:41 am CDT

Compared to last week, western Canadian yearling prices were $2-$4 lower on average while calves were down $3-$5 depending on the region. Weakness in the fed cattle market continues to spill over into the feeder complex, as margins drift further into red ink. Alberta packers were buying fed cattle in […]

By Jerry Klassen

Jun. 4, 2019 at 2:11 pm CDT

MarketsFarm — Durum bids in Western Canada are holding relatively steady, with prices only seeing small moves over the past month despite larger swings in spring wheat. Durum prices in southern Saskatchewan have traded in the $235-$243 per tonne area over the past month, a relatively narrow $8 trading range […]

By Phil Franz-Warkentin

May. 29, 2019 at 4:02 pm CDT

MarketsFarm — ICE Futures canola contracts climbed sharply higher during the week ended Wednesday, hitting their best levels in more than a month as strength in the Chicago Board of Trade soy complex provided spillover support. “We have a bit of a short-covering rally going on in canola,” said Jerry […]

By Phil Franz-Warkentin