Jerry Klassen Archives - Page 22 of 26

Klassen: Canadian feeder market divorces from U.S. values

By Jerry Klassen, GFM Network News June 9, 2020

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Lower volumes were on offer across the Prairies and the quality was quite variable at smaller sales. Many auction barns are in summer mode; however, there were decent volumes in the major feeding regions of Alberta. Strong feedlot demand was evident on quality […] Read more

Beef Cattle, Market talk, Markets

Lower feeder cattle prices spur outburst of emotions

Market Talk with Jerry Klassen

By Jerry Klassen June 8, 2020

In January of 2010, a feeder association in Western Canada asked me to speak at their annual conference. This conference was held just after the major recession of 2009 and these producers wanted to look at options such as supply management for feeder cattle, government price support programs and other ideas to provide a guaranteed […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market recovery continues

Strength in fed cattle prices the main driver

By Jerry Klassen, GFM Network News June 2, 2020

Compared to last week, western Canadian yearling prices were $6-$8 higher on average while calves were unchanged to $4 higher. Strength in fed cattle prices was the main factor driving the feeder cattle market this week. Alberta direct fed cattle sales were reported on a live basis from $150 to $153 f.o.b. the feedlot, up […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market jumps on renewed optimism

Weekly slaughter pace improving

By Jerry Klassen, GFM Network News May 19, 2020

Compared to last week, western Canadian feeder cattle over 800 lbs. traded $8-$10 higher while lighter weight categories were up $4 to as much as $12 in some cases. Feeder cattle under 800 lbs. were very well bid across the Prairies; feeder cattle under 700 lbs. are now trading at prices similar to late February, […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market banks on fed cattle recovery

By Jerry Klassen, GFM Network News May 12, 2020

Compared to last week, western Canadian yearling prices were $4 higher to $4 lower, with the exception of southern Alberta where quality packages were unchanged to $6 higher. Calves and grass cattle traded $2 lower to as much as $5 higher. Certain auctions in Western Canada reported calves trading $4 to as much as $8 […] Read more

Finishers, Livestock, Markets

Klassen: Yearling prices stay sluggish, calves hold value

By Jerry Klassen, GFM Network News April 28, 2020

Compared to last week, western Canadian yearling prices were steady to $4 lower; calves and grass cattle were relatively unchanged. Early in the week, the mood was quite depressing; yearlings were under pressure with feedlot buyers on the sidelines. By Friday, the market appeared to be well established. Backgrounding operators have been active sellers over […] Read more

Finishers, Livestock, Markets

Klassen: Uncertainty defines feeder market

'Hope' factor remains supportive

By Jerry Klassen, GFM Network News April 21, 2020

Compared to last week, western Canadian yearling prices were down $3-`$5 on average while calves were unchanged to down $2. Sales were characterized by low volumes and limited buying interest. Feedlot operators are hesitant to step forward in the current environment, with packing plants on both sides of the border reducing capacity. At the same […] Read more

Finishers, Livestock, Markets

Klassen: Weaker fed cattle prices weigh on feeder market

By Jerry Klassen, GFM Network News April 15, 2020

It appears finishing feedlots and cattle buyers are coming to terms with the fact that the COVID-19 pandemic may last longer than earlier anticipated. The “hope” factor that this environment will be short-lived has evaporated. Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $10 lower, with yearlings absorbing […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market remains vulnerable

By Jerry Klassen, GFM Network News March 24, 2020

Compared to last week, western Canadian feeder cattle prices were quite variable. Compared to seven days earlier, Alberta feeder prices were unchanged to $5 lower; however, the markets in northern Alberta, Saskatchewan and Manitoba were down $5 to as much as $10 in some cases. Weakness in the yearling markets spilled over into the lighter […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Extreme variability characterizes feeder market

By Jerry Klassen, GFM Network News March 10, 2020

Western Canadian feeder cattle prices were extremely variable over the past week which made the market hard to define. Compared to last week, yearling prices were quoted $2 to as much $6 lower while calves traded $2 lower as much as $5 higher. While some auction crowds were caught up with the negative news coverage, […] Read more

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Daily Network News

U.S. livestock: Cattle futures fall back ahead of cattle on feed report

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Tag Archives Jerry Klassen

Klassen: Canadian feeder market divorces from U.S. values

Lower feeder cattle prices spur outburst of emotions

Klassen: Feeder market recovery continues

Klassen: Feeder market jumps on renewed optimism

Klassen: Feeder market banks on fed cattle recovery

Klassen: Yearling prices stay sluggish, calves hold value

Klassen: Uncertainty defines feeder market

Klassen: Weaker fed cattle prices weigh on feeder market

Klassen: Feeder market remains vulnerable

Klassen: Extreme variability characterizes feeder market

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