Jerry Klassen Archives - Page 24 of 30

Expect volatility in the cattle market

Market Update with Jerry Klassen: High feed barley prices mean a drastic increase in cost per pound of gain

By Jerry Klassen December 1, 2020

Alberta feedlots were selling fed cattle at $136 f.o.b. the feedlot in mid-November, which was relatively unchanged from average prices in October. The market has held due to steady demand from south of the border. Alberta packer bids have come in at a $3 to $5 discount to U.S. packers over the past month. Western […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market stabilizes on demand hopes

By Jerry Klassen, GFM Network News December 1, 2020

Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier; however, market reports were quite variable depending on the region and weight category. In most cases, prices for calves under 550 lbs. were $2 to as much as $10 higher while values in the heavier weight categories were $3 lower to $3 […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market incorporates risk discount

By Jerry Klassen, GFM Network News November 24, 2020

Compared to last week, western Canadian yearling prices were unchanged; however, calves weighing 550 to 800 lbs. traded $3-$5 lower. The market for calves under 550 lbs. traded $5 lower to $3 higher. Early in the week, prices were showing some strength in the lighter weight categories but buying enthusiasm waned from Wednesday through Friday. […] Read more

Finishers, Livestock, Markets

Klassen: Calf prices ratcheting higher

By Jerry Klassen, GFM Network News November 18, 2020

Compared to last week, western Canadian yearling markets traded $2-$4 on either side of unchanged; mid-weight calves were also unchanged while lighter calves traded steady to as much as $6 higher. Alberta and Saskatchewan have experienced adverse weather over the past couple of weeks; however, feedlots in southern Alberta appeared to be more aggressive for […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market experiencing bottoming behaviour

By Jerry Klassen, GFM Network News November 10, 2020

Compared to last week, western Canadian yearling prices were down $4-$6 on average; however, mid-weight and lighter calves traded $4 lower to as much as $8 higher. The market was extremely variable for calves. Early in the week, prices in the Lethbridge area were actually $10 above values from seven days earlier but this faded […] Read more

Cattleman’s Corner, Livestock, Markets

Cattle market in a transition stage

Market Update with Jerry Klassen: It may take a coronavirus vaccine before beef demand improves

By Jerry Klassen November 5, 2020

During the last half of October, Alberta packers were buying fed cattle on a live basis in the range of $134 to $136 f.o.b. the feedlot, which is relatively unchanged from the average price levels in September. At the same time, fed cattle in the U.S. Southern Plains were selling at US$108, up about US$6 […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market remains under pressure

Pre-election commodity trading in 'risk-off' mode

By Jerry Klassen, GFM Network News November 3, 2020

Compared to last week, western Canadian feeder cattle markets traded $2-$5 lower on average; calves under 650 lbs. appeared to trade $3-$8 lower with significant pressure on the weight category between 550 and 650 lbs. Moderate demand surfaced on quality yearlings but major operations appeared to back away from the cattle in the heavier weight […] Read more

Finishers, Livestock, Markets, Weather

Klassen: Weather, COVID, feed grains pressure feeder market

By Jerry Klassen, GFM Network News October 21, 2020

Compared to last week, western Canadian yearling prices were $2-$4 lower on average; calves traded $2 to as much as $6 below week-ago levels. Southern Alberta received its first snowfall of the season last week, which hindered demand for fresh replacements. Feedlots always incorporate a risk discount when the first snowfall of the year materializes, […] Read more

Finishers, Livestock, Markets

Klassen: Rising feed grains pressure feeder market

By Jerry Klassen, GFM Network News October 6, 2020

Compared to last week, western Canadian yearling markets traded $3-$6 lower with some reports showing prices as much as $10 lower. Calves traded $2-$4 below week-ago levels; however, the market will be more defined next week, with many auction barns scheduling feature calf sales in the major feeding areas of Alberta. Feeding margins in the […] Read more

Finishers, Livestock, Markets

Klassen: Yearling prices on fire

Canada's cattle herd remains in contraction stage

By Jerry Klassen, GFM Network News August 25, 2020

Compared to last week, yearlings coming off grass traded $3-$5 higher; backgrounded yearlings were $1-$3 higher on average while calf markets were relatively unchanged. February and April live cattle futures closed marginally lower for the week; however, fed cattle basis levels from U.S. packers are very strong for winter and spring. This appears to be […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

Tag Archives Jerry Klassen

Expect volatility in the cattle market

Klassen: Feeder market stabilizes on demand hopes

Klassen: Feeder market incorporates risk discount

Klassen: Calf prices ratcheting higher

Klassen: Feeder market experiencing bottoming behaviour

Cattle market in a transition stage

Klassen: Feeder market remains under pressure

Klassen: Weather, COVID, feed grains pressure feeder market

Klassen: Rising feed grains pressure feeder market

Klassen: Yearling prices on fire

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