Jerry Klassen Archives - Page 28 of 32

Klassen: Feeder market banks on fed cattle recovery

By Jerry Klassen, GFM Network News May 12, 2020

Compared to last week, western Canadian yearling prices were $4 higher to $4 lower, with the exception of southern Alberta where quality packages were unchanged to $6 higher. Calves and grass cattle traded $2 lower to as much as $5 higher. Certain auctions in Western Canada reported calves trading $4 to as much as $8 […] Read more

Finishers, Livestock, Markets

Klassen: Yearling prices stay sluggish, calves hold value

By Jerry Klassen, GFM Network News April 28, 2020

Compared to last week, western Canadian yearling prices were steady to $4 lower; calves and grass cattle were relatively unchanged. Early in the week, the mood was quite depressing; yearlings were under pressure with feedlot buyers on the sidelines. By Friday, the market appeared to be well established. Backgrounding operators have been active sellers over […] Read more

Finishers, Livestock, Markets

Klassen: Uncertainty defines feeder market

'Hope' factor remains supportive

By Jerry Klassen, GFM Network News April 21, 2020

Compared to last week, western Canadian yearling prices were down $3-`$5 on average while calves were unchanged to down $2. Sales were characterized by low volumes and limited buying interest. Feedlot operators are hesitant to step forward in the current environment, with packing plants on both sides of the border reducing capacity. At the same […] Read more

Finishers, Livestock, Markets

Klassen: Weaker fed cattle prices weigh on feeder market

By Jerry Klassen, GFM Network News April 15, 2020

It appears finishing feedlots and cattle buyers are coming to terms with the fact that the COVID-19 pandemic may last longer than earlier anticipated. The “hope” factor that this environment will be short-lived has evaporated. Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $10 lower, with yearlings absorbing […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market remains vulnerable

By Jerry Klassen, GFM Network News March 24, 2020

Compared to last week, western Canadian feeder cattle prices were quite variable. Compared to seven days earlier, Alberta feeder prices were unchanged to $5 lower; however, the markets in northern Alberta, Saskatchewan and Manitoba were down $5 to as much as $10 in some cases. Weakness in the yearling markets spilled over into the lighter […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Extreme variability characterizes feeder market

By Jerry Klassen, GFM Network News March 10, 2020

Western Canadian feeder cattle prices were extremely variable over the past week which made the market hard to define. Compared to last week, yearling prices were quoted $2 to as much $6 lower while calves traded $2 lower as much as $5 higher. While some auction crowds were caught up with the negative news coverage, […] Read more

An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)

Beef Cattle, Finishers, Livestock, Markets

Klassen: Coronavirus fears weigh on feeder markets

By Jerry Klassen, GFM Network News March 3, 2020

Western Canadian feeder prices were not immune to the meltdown of financial and commodity markets last week. Buyers appeared to incorporate a risk discount due to uncertainty in beef demand over the next few months. Compared to last week, larger groups of quality yearlings traded $3-$5 lower while smaller packages were down $4 to as […] Read more

Finishers, Livestock, Markets

Klassen: Calves remain firm while yearlings falter

By Jerry Klassen, GFM Network News February 25, 2020

Compared to last week, western Canadian yearling markets traded $3-$5 lower while calves and grassers traded within $5 on either side of unchanged. Calves were extremely variable with similar weight cattle sometimes trading $6-$8 apart at the same sale. Supplies of calves coming on the market appear to be lower than last year. This may […] Read more

CME May 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Beef Cattle, Finishers, Livestock, Markets

Klassen: Large feedlot inventories lower feeder demand

By Jerry Klassen, GFM Network News January 21, 2020

Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged and mid-weight feeders (600-850 lbs.) were steady to $2 lower, but calves under 600 lbs. were unchanged to as much as $10 lower. Prices were quite variable across the Prairies, which made the market hard to define. The market appeared […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market remains firm

By Jerry Klassen, GFM Network News December 31, 2019

Feeder cattle markets experienced light volumes during the final week of December and prices were relatively unchanged compared to week-ago levels. Yearling values were slightly softer, as these cattle will not have enough time to be ready for the April fed market. Buying interest for mid-weight categories was characterized as sluggish, while light-weight bawlers were […] Read more

GFM Network News

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Soy trading firms to abandon Amazon protection pact in Brazil

Tag Archives Jerry Klassen

Klassen: Feeder market banks on fed cattle recovery

Klassen: Yearling prices stay sluggish, calves hold value

Klassen: Uncertainty defines feeder market

Klassen: Weaker fed cattle prices weigh on feeder market

Klassen: Feeder market remains vulnerable

Klassen: Extreme variability characterizes feeder market

Klassen: Coronavirus fears weigh on feeder markets

Klassen: Calves remain firm while yearlings falter

Klassen: Large feedlot inventories lower feeder demand

Klassen: Feeder market remains firm

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