Canadian barley outlook

Canadian barley outlook

Market Talk with Jerry Klassen

Statistics Canada’s acreage survey of 9,500 farmers was conducted between December 12 and January 14, 2023. Survey results were released on April 26. Commodity and fertilizer prices have changed significantly since winter. Although the data may be out of date, traders are using it as a starting point to project upcoming production. On the winter […] Read more


Lower feed grain prices to drive feeder market higher

Lower feed grain prices to drive feeder market higher

Market Talk with Jerry Klassen, from the April 2023 issue of Canadian Cattlemen

I’ve received many calls over the past month regarding the price outlook for Canadian barley and U.S. corn. Alberta cattle feeders have relied on imports of U.S. corn over the past couple of years. Canadian barley supplies have been extremely tight over the past two years. The drought of 2021 resulted in a sharp decline […] Read more

Cattle herd poised to expand while economy cools

Cattle herd poised to expand while economy cools

Market Update with Jerry Klassen: A small change in supply has a large influence on the price

Several studies from universities in Canada and the U.S. analyze the financial returns for feedlot operations. Feeding cattle is a pure competitive market. One characteristic of a pure competitive market is that the margins drop to the least-cost producer. In the long run, the margins are negative. Two other characteristics are unique to the cattle […] Read more


Canadian Money

Monetary and fiscal policy weighs on Canadian dollar

Market Talk with Jerry Klassen

The Canadian dollar has been trending lower since making a seasonal high of just over 80 cents U.S. in early April 2022. At the time of writing this article, the Canadian dollar was nearing two-year lows of around 75 cents U.S. Canadian fed and feeder cattle exports are running sharply above year-ago levels and export […] Read more

Feed barley price outlook

Feed barley price outlook

Market Talk with Jerry Klassen

I’ve received many inquiries from cattle producers regarding the price outlook for feed barley. At the time of writing, Lethbridge feed barley was trading in the range of $405-$415/tonne while Red Deer operations were showing bids from $395-$405/tonne. Barley prices are up nearly $200/tonne from September 2020. Yearling prices continue to trade near 52-week highs […] Read more


(Photo courtesy Canada Beef Inc.)

Understanding the price structure for feeder cattle

Market Talk with Jerry Klassen

I’ve received many inquiries from cattle producers across Western Canada regarding the price outlook for feeder cattle. Ranchers are asking: When would be the best time to sell their calves? Backgrounding operators are questioning the best time to purchase calves. At the time of writing this article in mid-July, yearling prices were making fresh 52-week […] Read more

(Photo courtesy Canada Beef Inc.)

Feeder cattle supplies tightening

Market Talk with Jerry Klassen

In my previous article, I mentioned that the USDA made a downward revision to the 2019 calf crop while the 2020 calf crop came in lower than expected. Since then, Statistics Canada has also released their cattle inventory report. It appears that western Canadian calf and yearling supplies as of January 1, 2021, were down […] Read more


Alberta fed cattle market outlook

Alberta fed cattle market outlook

Market Talk with Jerry Klassen

Alberta packers were buying fed cattle in the range of $150 to $152 FOB the feedlot during the last week of January. This compares to average values of $136 to $138 FOB the feedlot during the month of December. While prices have stabilized for the time being, there is a fair amount of uncertainty moving […] Read more

canadian dollar

Canadian dollar outlook

Market Talk with Jerry Klassen

If you want to know how a country is progressing economically versus another country, look at the trend in the exchange rate. Currency traders for multinational companies are a “cut above” normal commodity traders. They are the “crème de la crème,” should we say? I think you get the picture. Cattle are priced on the […] Read more