cattle in a feedlot in Canada

Feeder cattle outside finishing feedlots

Market Talk with Jerry Klassen

The feeder cattle market has been trading near or at historical highs over the past couple of months. The higher prices have caused many cattle producers to question the number of feeder cattle that will be available later in spring. Canadian feedlot operators have experienced favourable margins throughout the winter which has enhanced demand for […] Read more


Both Canadian barley and U.S. corn markets will be extremely sensitive to weather conditions and yield projections.

Corn and barley feed market outlook

Market Talk with Jerry Klassen

Feedlot operators and feed grain traders are focusing on new crop production. The USDA held their annual Agriculture Outlook Forum on February 27 and they expect U.S. farmers to increase corn planted area by 3.4 million acres. In Canada, traders and government analysts are expecting a year-over-year increase in barley acres from three per cent […] Read more



supply and disposition canadian barley market

Feed grain update for 2025

Market Talk with Jerry Klassen

Since Alberta barley prices made seasonal lows in September 2024, the market has been percolating higher. In early September, Lethbridge feedlots were buying feed barley for $255-$260/tonne delivered. In late December 2024, Lethbridge feedlots were buying barley for as high as $315/tonne for spot delivery. The 10-year average barley price delivered Lethbridge is around $270/tonne. […] Read more

cow standing on a snowy pasture with mountains in the background

Questions surround 2024 cattle market

Market Talk with Jerry Klassen

Feeder and fed cattle traded at historical highs over the past year. I’ve received many calls and emails from cattle producers asking questions regarding the market fundamentals moving forward. Can producers expect prices to stay at higher levels or is the market vulnerable to downside potential? During August and September 2024, there were fears that […] Read more


Photo: Canada Beef

Stronger demand and lower supplies boost price

Market Talk with Jerry Klassen

The December live cattle futures made a low of $173.50 on September 9. At the time of writing this article, the December contract was $189. During September and October, the live cattle futures rallied about $16. In the U.S., the four largest packing firms handle 85 per cent of all steer and heifer purchases. Apparently, […] Read more

‘Don’t pay for analysis that has no influence or minor influence on the cattle market.’ – Jerry Klassen

What is market analysis for the cattle producer?

Market Talk with Jerry Klassen

When I provide cattle or grain market outlooks for a producer group or specific organization, I start the presentation by asking how many of the attendees subscribe to some type of market analysis. It is no surprise that there is usually a handful of people who put up their hands. Often cattle producers will say […] Read more


Barley market fundamentals look tight for 2024-25

Barley market fundamentals look tight for 2024-25

Market Talk with Jerry Klassen

Earlier in the summer, we were expecting a year-over-year increase in Canadian barley production. Acreage projections were above year-ago levels and up until June 30, most of Western Canada had received above-normal precipitation. Both acreage and yield projections have reversed course. Canadian barley seeded area for the 2024 campaign was down nearly one million acres from […] Read more

Photo: Canada Beef Inc.

Cattle market transitioning to expansion

Market Talk with Jerry Klassen

The fed and feeder cattle markets have been quite volatile over the past couple of months. Cattle producers have been overwhelmed with discussions to explain the recent price behaviour. On August 3, the U.S. Bureau of Labor Statistics reported that job growth during July was lower than expected. The live and feeder cattle futures dropped […] Read more