GFM Network News


The barley market needs to encourage acreage for 2019.

Feed barley update

Market Talk with Jerry Klassen

The feed barley market has been relatively flat throughout the winter. During the last week of January, Lethbridge-area feedlots were buying feed barley in the range of $255/mt to $260/mt delivered. At the same time, central Alberta feedlots were making purchases from $245/mt to $250/mt. Barley stocks are projected to drop to historical lows by […] Read more

Feeder cattle market digesting many variables

Market Talk with Jerry Klassen

The feeder cattle market was quite volatile throughout the final quarter of 2018. The weaker Canadian dollar enhanced demand from south of the border. At the same time, domestic feedlot operators were contending with rising feed grain prices and uncertain fed cattle prices for the first and second quarters of 2019. April live cattle futures […] Read more


Canadian dollar outlook

Market Talk with Jerry Klassen

The Canadian dollar has been trading near 52-week lows, supporting fed and feeder cattle prices. Canadian year-to-date feeder cattle exports to the U.S. for the week ending November 10 were 175,122 head, up a whopping 59 per cent over year-ago levels. While fed cattle exports to the U.S. are running 19 per cent below last […] Read more

Feedlot margins are set up to move into the negative for the second quarter of 2019.

Feeder cattle outlook lower in 2019

Market Talk with Jerry Klassen

I’ve received many calls from cattle producers over the past couple of weeks with regard to the feeder cattle outlook for the spring period. Feeder cattle prices made seasonal highs during the first week of October and then started to trend lower. This weakness caught many cow-calf producers off guard as they failed to realize […] Read more



Feeder cattle market responding to feed grain complex

Market Talk with Jerry Klassen

I’ve received many inquiries with regard to the market outlook for feeder cattle. Western Canadian yearling and calf prices have been trading near 52-week highs and cow-calf operators are wondering if prices will continue to percolate higher during the fall period. The feeder market is a pure competitive market; therefore, feedlots usually bid up the […] Read more


Canadian barley exports for 2018-19 are expected to exceed year-ago levels due to stronger demand from China.

Feed grain update

Market Talk with Jerry Klassen

Western Canadian barley prices have been percolating higher throughout the harvest period. At the time of writing this article, Lethbridge-area feedlots were making barley purchases in the range of $245/mt to $260/mt delivered while central Alberta operations were showing bids from $235/mt to $245/mt. It’s important to realize that prices are about $60/mt above year-ago […] Read more

Calves coming into the Western Canadian market this fall will be similar to year-ago levels.

Feeder cattle outlook

Market Talk with Jerry Klassen

It’s that time of year when I receive many calls from cow-calf producers and backgrounding operators inquiring about the feeder cattle market outlook for the fall and winter. Yearling prices have been quite strong throughout the summer and the deferred live cattle futures are reflecting slightly higher prices in September and October. Prices for calves […] Read more


Barley stocks are tight and imports of U.S. corn into Western Canada will likely continue into the new crop year.

Tighter corn and barley stocks for 2018-19

Market Talk with Jerry Klassen

It’s that time of year when I receive many inquiries in regard to the feed grain outlook for the 2018-19 crop year. In the previous article, I discussed South American crop conditions and North American projections for the upcoming crop year. Feedlot operators have been factoring higher costs per pound gain which has resulted in […] Read more

Feeder cattle outlook

Market Talk with Jerry Klassen

It’s that time of year when I receive many inquiries from cow-calf producers and feedlot operators regarding the price outlook for feeder cattle. Throughout March, yearling prices were under pressure while calves and cattle fit for grass were rather firm. The feeder cattle market appears to be sending mixed signals. Feedlot margins have been rather […] Read more