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Jerry Klassen

Jerry Klassen

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Jerry Klassen writes market analysis for feedlot operators and cattle producers. For more info or to subscribe call 204-504-8339 or visit resilcapital.com.


Stories by Jerry Klassen

Photo: Clinton Austin/Getty Images Plus
Beef Cattle, Livestock, Markets

Klassen: Feeder market experiences volatility during U.S. tariff week

By Jerry Klassen April 8, 2025
During the week ending April 5, the feeder market felt sluggish early in the week. Prices were a bit softer on Monday and by Wednesday morning, quoted values were $10 to as much $20 below week ago levels. After making weekly lows Wednesday, prices fully recovered to the previous week’s levels.

Feeder cattle supplies are expected to tighten later in spring, spurring finishers to secure supplies.
Cattleman’s Corner, Columns, Livestock, Markets

Cattle markets try to adjust to tariffs

The Markets: There continue to be tight supplies for cattle that are ready to market, keeping prices high

By Jerry Klassen April 8, 2025
There continue to be tight supplies for cattle that are ready to market, keeping prices high, despite tariff uncertainly in North America, analyst Jerry Klassen says.


(Geralyn Wichers photo)
Beef Cattle, Livestock, Markets

Klassen: Healthy feedlot margins supports feeder complex

By Jerry Klassen April 1, 2025
For the week ending March 29, Western Canadian feeder cattle markets traded $5/cwt lower to $5/cwt higher compared to seven days earlier. The price structure was largely determined by the crowd's mindset regarding potential U.S. tariffs.

File photo
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle follow live cattle futures higher

By Jerry Klassen March 25, 2025
For the week ending March 22, Western Canadian feeder cattle markets traded steady to $5 higher on average. Higher quality strings under 600 pounds traded $5 to as much as $10 higher in some cases but the lighter weight categories were quite variable across the Prairies.


U.S. cattle herd contraction coming to an end
Beef Cattle, Cattleman’s Corner, Columns, Markets

U.S. cattle herd contraction coming to an end

The Markets: Watch for calf prices to start to decline in 2026

By Jerry Klassen March 19, 2025
Beef calf price should continue to be strong in 2025, but a growing cow herd could mean lower prices in 2026.

Photo: Canada Beef
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market jumps back to historical highs

By Jerry Klassen March 18, 2025
For the week ending March 15, Western Canadian feeder cattle markets traded $8-$12 higher compared to seven days earlier. Prices fully recovered from the prior week with values quoted at or near historical highs. Finishing feedlots were aggressive across all weight categories due to strength in the nearby and deferred live cattle futures. Once again, […] Read more


Cattle market volatility increases as tariff uncertainty continues
Cattleman’s Corner, Columns, Markets

Cattle market volatility increases as tariff uncertainty continues

Resumption of U.S./Mexico cattle trade will temper market upside

By Jerry Klassen March 14, 2025
At the time of writing this article, the implementations of U.S. tariffs and Canadian retaliatory measures were delayed for 30 days. However, the threat remains. This is the wild card moving forward.

Using technical analysis for feeder cattle marketing
Cattleman’s Corner, Livestock, Marketing, Markets

Using technical analysis for feeder cattle marketing

The Markets: Looking at charts from the past few months shows the market could range higher

By Jerry Klassen March 13, 2025
Looking at charts from the past few months shows live cattle futures could range higher.


Photo: File
Livestock, Markets

Klassen: Tariff drama results in volatile feeder cattle market

By Jerry Klassen March 11, 2025
For the week ending March 7, there were two distinct price structures. On Monday, March 3, feeder cattle prices were relatively unchanged from the previous week. However, once the U.S. implemented tariffs for Canadian cattle on March 4 , feeder cattle markets dropped by $10-$15/cwt on average.

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeders remain firm despite tariff uncertainty

By Jerry Klassen March 4, 2025
For the week ending March 1, Western Canadian feeder markets traded steady to $6 higher compared to seven days earlier. Despite expected tariffs, there was no fear to secure ownership.


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