Jerry Klassen Archives - Page 31 of 33

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

Cereals, Crops, Markets

Durum market holds steady despite spring wheat swings

By GFM Network News June 4, 2019

MarketsFarm — Durum bids in Western Canada are holding relatively steady, with prices only seeing small moves over the past month despite larger swings in spring wheat. Durum prices in southern Saskatchewan have traded in the $235-$243 per tonne area over the past month, a relatively narrow $8 trading range compared to Canada Western Red […] Read more

ICE July 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Uncertain U.S. soy prospects boost canola

By GFM Network News May 29, 2019

MarketsFarm — ICE Futures canola contracts climbed sharply higher during the week ended Wednesday, hitting their best levels in more than a month as strength in the Chicago Board of Trade soy complex provided spillover support. “We have a bit of a short-covering rally going on in canola,” said Jerry Klassen, manager of Canadian operations […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market finds support

By Jerry Klassen, GFM Network News May 20, 2019

Compared to last week, western Canadian yearling markets traded steady to $2 lower while calves traded $3 higher to as much as $8 lower. Adverse weather across much of the U.S. Midwest set a negative tone on both sides of the border. U.S. feeder cattle markets were down US$3-$6 from seven days earlier. Corn futures […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market balancing many variables

By Jerry Klassen, GFM Network News April 2, 2019

Compared to last week, western Canadian yearling markets traded steady to $3 higher while calves were $4 lower to $5 higher depending on the region. Weakness in the live and feeder cattle futures contributed to the variable price structure; however, Alberta packers were buying fed cattle in the range of $268-$270 on a dressed basis, […] Read more

Finishers, Livestock, Markets, Weather

Klassen: Feeder market softens on adverse weather

By Jerry Klassen, GFM Network News October 8, 2018

Compared to last week, western Canadian feeder cattle prices were quite variable due to adverse weather. Rain and snow plagued much of the Prairies, which dictated buying behaviour. Yearlings traded within $5 on either side of unchanged; major feedlots focused on local cattle, which caused the Alberta markets to trade at a small premium to […] Read more

CME April 2019 live cattle futures, with 20-day moving average in brown. (Barchart)

Finishers, Livestock, Markets

Klassen: Improving margins underpin feeder market

By Jerry Klassen, GFM Network News October 2, 2018

Compared to last week, western Canadian yearlings advanced $2-$5 while calves were unchanged to $3 higher. April live cattle futures are in a bull market; I’ve had many calls from producers and all I tell them is that April live cattle futures are in a bull market. Just as important, a market will not culminate […] Read more

Barley, Finishers, Livestock, Markets

Klassen: Feeder cattle market holding value

By Jerry Klassen, GFM Network News September 25, 2018

Compared to last week, western Canadian yearling prices were steady to as much as $4 higher while calf values traded within $5 on either side of unchanged. Current feedlot margins are hovering around break-even, but profitability will improve during October and November, given the recent strength in the deferred live cattle futures. Therefore, short-keep feeders […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market waiting for direction

By Jerry Klassen, GFM Network News September 10, 2018

Average western Canadian feeder prices were relatively unchanged from week-ago levels; however, the yearling market in southern Alberta traded $3-$5 higher as feedlot operators focused on sourcing local cattle. High-quality yearlings are coming on the market and steady demand was evident across the Prairies. Strength in the deferred live cattle futures along with the deterioration […] Read more

Daily Network News

Klassen: Stronger barley prices weigh on feeder cattle values

Russia stops ammonium nitrate exports for one month amid global supply crunch

Farmland climbs higher in spite of headwinds: Farm Credit Canada report

Tag Archives Jerry Klassen

Klassen: Feeder market experiences fortuitous bounce

Less canola, more barley area expected in next StatsCan report

Durum market holds steady despite spring wheat swings

ICE weekly outlook: Uncertain U.S. soy prospects boost canola

Klassen: Feeder market finds support

Klassen: Feeder market balancing many variables

Klassen: Feeder market softens on adverse weather

Klassen: Improving margins underpin feeder market

Klassen: Feeder cattle market holding value

Klassen: Feeder market waiting for direction

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