Jerry Klassen Archives | Canadian Cattlemen

Klassen: Weather, COVID, feed grains pressure feeder market

By Jerry Klassen, GFM Network News 21 hours ago

Compared to last week, western Canadian yearling prices were $2-$4 lower on average; calves traded $2 to as much as $6 below week-ago levels. Southern Alberta received its first snowfall of the season last week, which hindered demand for fresh replacements. Feedlots always incorporate a risk discount when the first snowfall of the year materializes, […] Read more

Finishers, Livestock, Markets

Klassen: Rising feed grains pressure feeder market

By Jerry Klassen, GFM Network News October 6, 2020

Compared to last week, western Canadian yearling markets traded $3-$6 lower with some reports showing prices as much as $10 lower. Calves traded $2-$4 below week-ago levels; however, the market will be more defined next week, with many auction barns scheduling feature calf sales in the major feeding areas of Alberta. Feeding margins in the […] Read more

The feeder cattle market softened earlier this spring; however, in yearling prices made fresh 52-week highs by early August.

Market talk, Markets

The similarities between 2009 and 2020

Market Talk with Jerry Klassen

By Jerry Klassen September 14, 2020

The U.S. and Canadian economies suffered the worst year-over-year contraction in GDP in history during the second quarter of 2020. U.S. GDP contracted at 32.9 per cent on an annual basis during the second quarter; the official Canadian data at the time of writing this article was not yet released but analysts expect the drop […] Read more

Finishers, Livestock, Markets

Klassen: Yearling prices on fire

Canada's cattle herd remains in contraction stage

By Jerry Klassen, GFM Network News August 25, 2020

Compared to last week, yearlings coming off grass traded $3-$5 higher; backgrounded yearlings were $1-$3 higher on average while calf markets were relatively unchanged. February and April live cattle futures closed marginally lower for the week; however, fed cattle basis levels from U.S. packers are very strong for winter and spring. This appears to be […] Read more

Finishers, Livestock, Markets

Klassen: Yearling demand remains firm

By Jerry Klassen, GFM Network News August 18, 2020

Compared to last week, western Canadian yearlings fresh off grass traded steady to $2 higher; backgrounded yearlings were relatively unchanged. The calf market was too thin to quote. Major feedlot operators set the price structure and were once again very aggressive. While many feedlots are backed up with market-ready supplies of fed cattle, some feedlots […] Read more

Finishers, Livestock, Markets

Klassen: Weaker feed grains drive feeder market higher

By Jerry Klassen, GFM Network News August 11, 2020

Compared to last week, western Canadian yearlings traded $2-$4 higher. This was the first week of the fall yearling run with larger groups of quality packages and there was no shortage of buying enthusiasm. Heavier yearlings were readily trading at 52-week highs. Feed barley prices collapsed in southern Alberta as the harvest started in the […] Read more

Finishers, Livestock, Markets

Klassen: Strong demand underpins yearlings

By Jerry Klassen, GFM Network News August 4, 2020

Compared to last week, yearlings traded steady to $4 higher on average; calves traded $2-$4 lower, although light volumes made the market hard to define. All eyes were on feeder cattle futures, which closed up nearly $4 for the week. This set the direction in Western Canada. Auction barns in Manitoba and Saskatchewan remain in […] Read more

(File photo courtesy of Canada Beef: Cattle in a feedlot.) Researchers in Lethbridge examined the potential of biochar to cut methane emissions from feedlot cattle, but found no benefit.

Finishers, Livestock, Markets

Klassen: Feeder cattle market drawing attention

By Jerry Klassen, GFM Network News July 28, 2020

Compared to last week, Western Canadian yearling prices were $2 to $4 higher while calf markets traded $2 to $4 on either side of unchanged. U.S. prices were also up $2 to $4 which lent support to Canadian domestic values. Volumes remain thin across the prairies; many producers are busy with silage operations and pasture […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market looking firm for fall

By Jerry Klassen, GFM Network News July 21, 2020

The western Canadian feeder market was hard to define last week due to the small volumes. Small groups under 10 head were quite common and in many cases, one to three head were running through the ring. Discounts were quite severe on these stragglers; however, quality feeder cattle traded at similar levels to last week. […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market searching for direction

Feedlots expecting barley prices to drop

By Jerry Klassen, GFM Network News July 7, 2020

Western Canadian feeder cattle prices continue to trade in a sideways pattern. Compared to last week, prices were quoted $2-$3 on either side of unchanged. Most auction barns were on holidays last week and arenas that did hold sales experienced limited volumes. Therefore, the market was hard to define. U.S. feeder cattle markets were steady […] Read more

U.S. grains: Corn, soy rise on export hopes

Monsanto loses final appeal over French farmer’s herbicide accident

CBOT weekly outlook: Export demand supports wheat, soy

GFM Network News

U.S. grains: Corn, soy rise on export hopes

Monsanto loses final appeal over French farmer’s herbicide accident

CBOT weekly outlook: Export demand supports wheat, soy

Tag Archives Jerry Klassen

Klassen: Weather, COVID, feed grains pressure feeder market

Klassen: Rising feed grains pressure feeder market

The similarities between 2009 and 2020

Klassen: Yearling prices on fire

Klassen: Yearling demand remains firm

Klassen: Weaker feed grains drive feeder market higher

Klassen: Strong demand underpins yearlings

Klassen: Feeder cattle market drawing attention

Klassen: Feeder market looking firm for fall

Klassen: Feeder cattle market searching for direction

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending October 16, 2020.

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