Jerry Klassen Archives - Page 25 of 26

CME April 2019 live cattle futures, with 20-day moving average in brown. (Barchart)

Klassen: Improving margins underpin feeder market

By Jerry Klassen October 2, 2018

Compared to last week, western Canadian yearlings advanced $2-$5 while calves were unchanged to $3 higher. April live cattle futures are in a bull market; I’ve had many calls from producers and all I tell them is that April live cattle futures are in a bull market. Just as important, a market will not culminate […] Read more

Barley, Finishers, Livestock, Markets

Klassen: Feeder cattle market holding value

By Jerry Klassen, GFM Network News September 25, 2018

Compared to last week, western Canadian yearling prices were steady to as much as $4 higher while calf values traded within $5 on either side of unchanged. Current feedlot margins are hovering around break-even, but profitability will improve during October and November, given the recent strength in the deferred live cattle futures. Therefore, short-keep feeders […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market waiting for direction

By Jerry Klassen September 10, 2018

Average western Canadian feeder prices were relatively unchanged from week-ago levels; however, the yearling market in southern Alberta traded $3-$5 higher as feedlot operators focused on sourcing local cattle. High-quality yearlings are coming on the market and steady demand was evident across the Prairies. Strength in the deferred live cattle futures along with the deterioration […] Read more

Finishers, Livestock, Markets

Klassen: Strong demand drives yearlings higher

By Jerry Klassen August 14, 2018

Compared to last week, western Canadian yearling markets traded $2-$3 higher, with quality packages advancing $4-$6. Feedlot operators shrugged off the weaker live cattle futures as feed grain prices came under pressure. Cattle brokers were carrying a full deck of orders, which allowed for limited slippage. Feedlots are anxious to secure ownership early in the […] Read more

Crops, Markets, Weather

Trade predicts fewer pulse acres, another canola record

By Ashley Robinson - MarketsFarm April 23, 2018

CNS Canada — With the uncertainty regarding the pulse exports to India, it’s looking like 2018 could see more canola acres planted in Canada. Statistics Canada will release its Principal Field Crop Areas report on Friday (April 27). Last year saw Canada’s canola area at a record 23 million acres, but this year could again […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market lacks demand in new tax year

By Jerry Klassen January 15, 2018

Compared to last week, western Canadian feeder cattle traded $8-$10 lower while U.S. prices were also down $5-$10 from week-ago levels. The feeder market appeared to short-circuit after I thought the market was charged to move higher in last week’s report. Feedlot operators and cattle feeders saturated their demand prior to the New Year and […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market ends 2017 on positive tone

By Jerry Klassen December 27, 2017

Compared to last week, western Canadian feeder cattle markets traded $2 to as much as $6 higher. Moderate to stronger buying interest was noted across the Prairies. Once again, feedlot operators were fairly aggressive on quality yearling packages; semi-weaned and weaned calves were a solid $3-$5 higher while unweaned lighter calves experienced minimal price appreciation. […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market rally stalls

By Jerry Klassen November 20, 2017

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Eastern Prairie markets were softer but continue to maintain a $5 to as much as $8 premium over major feeding regions of Alberta. We’ve seen a sharp year-over-year increase in imports from the U.S., which is causing a variable price structure to develop across […] Read more

Finishers, Livestock, Markets

Klassen: Beef demand drives feeder market higher

By Jerry Klassen, GFM Network News November 7, 2017

Compared to last week, Western Canadian yearling prices were $5 higher on average; calves traded $3 to as much as $6 above week ago levels. Strength in fed cattle prices quickly spilled over into the feeder complex, especially on shorter keep replacements. On Friday, Alberta packers were buying fed cattle from $247 to $250 on […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market remains firm

By Jerry Klassen, GFM Network News October 31, 2017

Western Canadian yearling markets were trading $3 to as much as $6 above week-ago levels while calf prices were relatively unchanged. The Canadian dollar was under pressure all week, closing Friday at US77.85 cents, the lowest levels since mid-July. At the same time, April live cattle futures made fresh contract highs, reflecting a week-over-week gain […] Read more

U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall

U.S. livestock: Cattle futures climb as U.S. herd remains small

Rain brings relief to parts of Alberta

Daily Network News

U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall

U.S. livestock: Cattle futures climb as U.S. herd remains small

Rain brings relief to parts of Alberta

Tag Archives Jerry Klassen

Klassen: Improving margins underpin feeder market

Klassen: Feeder cattle market holding value

Klassen: Feeder market waiting for direction

Klassen: Strong demand drives yearlings higher

Trade predicts fewer pulse acres, another canola record

Klassen: Feeder market lacks demand in new tax year

Klassen: Feeder market ends 2017 on positive tone

Klassen: Feeder market rally stalls

Klassen: Beef demand drives feeder market higher

Klassen: Feeder cattle market remains firm

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