Jerry Klassen Archives - Page 21 of 26

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

Barley. (Photo courtesy Canada Beef Inc.)

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

CME September 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

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

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

CME October 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

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

Finishers, Livestock, Markets

Klassen: Feeder cattle market experiences mixed tone

By Jerry Klassen, GFM Network News June 30, 2020

Compared to last week, western Canadian feeder cattle sold $2 higher to as much as $4 lower. Larger groups of uniform cattle once again carried a premium but the bulk of feeders were small packages of various quality. Buyers were more aggressive on the 700- to 850-lb. weight categories as they target the fed cattle […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market grinds lower

By Jerry Klassen, GFM Network News June 23, 2020

Compared to last week, western Canadian feeder cattle prices were steady to $4 lower on average. Small packages were available and buyers were picking away with subdued interest. There were some “green” strings of yearlings in Alberta and Saskatchewan which were well bid; however, most cattle were characterized by medium to smaller frames. Some of […] Read more

Finishers, Livestock, Markets

Klassen: Weaker fed cattle prices weigh on feeder market

Rain-soaked pens sidelined some Alberta feedlots

By Jerry Klassen, GFM Network News June 16, 2020

Compared to last week, western Canadian feeder cattle markets were relatively unchanged but a softer tone was noted in the non-major feeding regions. Most auction barns are in summer mode and the quality of feeders coming on the market is quite variable. However, at major centers in Alberta, healthy strings of yearlings were well bid […] Read more

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Daily Network News

U.S. Republicans continue push to override California animal welfare law

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Tag Archives Jerry Klassen

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

Klassen: Feeder cattle market experiences mixed tone

Klassen: Feeder cattle market grinds lower

Klassen: Weaker fed cattle prices weigh on feeder market

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