Jerry Klassen Archives - Page 29 of 32

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

Finishers, Livestock, Markets

Klassen: Improving margins support lightweight feeder cattle

By Jerry Klassen, GFM Network News December 24, 2019

Compared to last week, Western Canadian feeder cattle markets traded $2 to $4 on either side of unchanged; however, calves under 650 pounds were steady to as much as $5 higher. Bids from Alberta packers were sharply higher with fed cattle trading in the range of $160 to $162 on Friday, up $5 to $6 […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market volatility continues

By Jerry Klassen, GFM Network News December 17, 2019

Compared to last week, western Canadian feeder cattle markets traded steady to $5 higher on average. For the second week in a row, the markets were quite variable across the Prairies but shorter-keep yearlings appeared to lead the charge higher. In Alberta, quality 900-lb. steers were once again touching the $190 level and 800-lb.-plus steers […] Read more

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

Finishers, Livestock, Markets

Klassen: Feeder cattle edge higher on improving margins

By Jerry Klassen, GFM Network News December 3, 2019

Compared to last week, western Canadian yearlings were $2-$3 higher; calf prices were $2 to as much as $4 higher; calves under 600 lbs. were $4 to as much as $10 higher in some cases. February and April live cattle futures appear to be incorporating a risk premium due to the uncertainty in beef production […] Read more

Finishers, Livestock, Markets

Klassen: Challenging weather influencing feeder market

By Jerry Klassen, GFM Network News November 19, 2019

Compared to last week, western Canadian yearling prices were relatively unchanged; calves appeared to trade $3 lower to as much as $5 higher. Weather conditions have played a larger role in the price structure this fall. Major finishing feedlots continue to focus on preconditioned calves and have left the unweaned or unvaccinated feeders to the […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market recovers

By Jerry Klassen, GFM Network News August 27, 2019

Compared to last week, western Canadian yearling markets traded $4-$6 higher on average; some packages in Alberta sold $8 to as much as $10 above week-ago levels. Larger feedlot operations were very aggressive on 750- to 900-pounders. The quality of yearlings is excellent at this time of year. Comments from the front row suggest most […] Read more

Beef Cattle, Cow-Calf, Finishers, Livestock

Klassen: Feeder cattle markets remain firm

By Jerry Klassen, GFM Network News July 30, 2019

Western Canadian feeder cattle prices were unchanged from seven days earlier. Strong buying interest was noted from finishing feedlots in Alberta. Orders flowed across the prairies keeping prices relatively even. U.S. feeder cattle markets traded $3 to as much as $8 higher in the Northern Plains which also underpinned prices in Saskatchewan and Manitoba. There […] Read more

Order buyers have been very busy fielding calls for available cattle. Photo: Thinkstock

Beef Cattle, Cow-Calf, Finishers, Livestock

Klassen: Yearling prices surge

By Jerry Klassen, GFM Network News July 23, 2019

Compared to last week, Western Canadian yearling prices were $3 to as much as $10 higher while calves traded $2 to $5 above week-ago levels. Most auction barns remain in holiday mode; however, order buyers were extremely busy fielding calls for available cattle. This caused the yearling market in Western Canada to divorce from the […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market experiences fortuitous bounce

By Jerry Klassen, GFM Network News July 16, 2019

Compared to last week, western Canadian feeder cattle markets traded $2-$5 higher on average. Auction barns had limited numbers on offer but strong buying interest surfaced for quality packages. Alberta feedlots were the main buyers setting the price structure. There were two main factors enhancing demand this week. First, U.S. packers started to show some […] Read more

Crops, Markets

Less canola, more barley area expected in next StatsCan report

By GFM Network News June 24, 2019

MarketsFarm — Canadian farmers will likely grow less canola and more barley in 2019, though the jury is out on exact acreage numbers ahead of Statistics Canada’s seeded area estimates due out Wednesday. Barley prices have hit “historic highs” thanks to inclement corn-growing weather in the United States, which has buoyed most feed grain prices. […] Read more

GFM Network News

China vows to stabilize grain production, increase soybean oilseed self-sufficiency

Klassen: Feedlot margins will determine feeder prices

U.S. livestock: Lean hogs tick down on supply numbers, year-end positioning

Tag Archives Jerry Klassen

Klassen: Feeder market remains firm

Klassen: Improving margins support lightweight feeder cattle

Klassen: Feeder cattle market volatility continues

Klassen: Feeder cattle edge higher on improving margins

Klassen: Challenging weather influencing feeder market

Klassen: Feeder cattle market recovers

Klassen: Feeder cattle markets remain firm

Klassen: Yearling prices surge

Klassen: Feeder market experiences fortuitous bounce

Less canola, more barley area expected in next StatsCan report

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