Insights and Stories on Jerry Klassen

Oct. 8, 2024 at 10:16 am CDT

For the week ending October 5, Western Canadian prices for grass yearlings were steady to as much as $10 higher while values for backgrounded yearlings were relatively unchanged. Calf markets were quite variable with preconditioned 650-800 pound calves trading $4-$8 above week-ago levels. Prices for  non-weaned bawlers were relatively unchanged.

By Jerry Klassen

Oct. 1, 2024 at 9:55 am CDT

Strength in the deferred live cattle futures has spilt over into the feeder complex. Alberta and Saskatchewan placements in the lighter weight categories are down from year-ago levels which is resulting in stronger Alberta fed cattle basis levels for next spring.  These are the main factors influencing the calf markets in Western Canada.  

By Jerry Klassen

Sep. 24, 2024 at 12:53 pm CDT

Ontario buying interest was evident in Manitoba yearling markets. U.S. buyers were more interested in lighter calves and were shopping for pre-conditioned groups of sizeable volume. Certain finishing operators in Alberta were more aggressive on grass yearlings after waiting for lower prices earlier in the season.

By Jerry Klassen

Sep. 17, 2024 at 9:34 am CDT

For the week ending September 14, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. However, yearling quality has become quite variable resulting in a diverse price structure.

By Jerry Klassen

Sep. 10, 2024 at 9:20 am CDT

For the week ending September 7, Western Canadian yearling markets traded steady to $5/cwt higher in Alberta but steady to $6/cwt lower in Saskatchewan and Manitoba compared to seven days earlier. Major feedlots in Alberta appear to be focusing on local cattle. The calf market is in price discovery mode with prices quoted $10/cwt higher to $10/cwt lower.

By Jerry Klassen