Jerry Klassen Archives - Page 32 of 33

Klassen: Strong demand drives yearlings higher

By Jerry Klassen, GFM Network News August 14, 2018

Compared to last week, western Canadian yearling markets traded $2-$3 higher, with quality packages advancing $4-$6. Feedlot operators shrugged off the weaker live cattle futures as feed grain prices came under pressure. Cattle brokers were carrying a full deck of orders, which allowed for limited slippage. Feedlots are anxious to secure ownership early in the […] Read more

Crops, Markets, Weather

Trade predicts fewer pulse acres, another canola record

By GFM Network News April 23, 2018

CNS Canada — With the uncertainty regarding the pulse exports to India, it’s looking like 2018 could see more canola acres planted in Canada. Statistics Canada will release its Principal Field Crop Areas report on Friday (April 27). Last year saw Canada’s canola area at a record 23 million acres, but this year could again […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market lacks demand in new tax year

By Jerry Klassen, GFM Network News January 15, 2018

Compared to last week, western Canadian feeder cattle traded $8-$10 lower while U.S. prices were also down $5-$10 from week-ago levels. The feeder market appeared to short-circuit after I thought the market was charged to move higher in last week’s report. Feedlot operators and cattle feeders saturated their demand prior to the New Year and […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market ends 2017 on positive tone

By Jerry Klassen, GFM Network News December 27, 2017

Compared to last week, western Canadian feeder cattle markets traded $2 to as much as $6 higher. Moderate to stronger buying interest was noted across the Prairies. Once again, feedlot operators were fairly aggressive on quality yearling packages; semi-weaned and weaned calves were a solid $3-$5 higher while unweaned lighter calves experienced minimal price appreciation. […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market rally stalls

By Jerry Klassen, GFM Network News November 20, 2017

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Eastern Prairie markets were softer but continue to maintain a $5 to as much as $8 premium over major feeding regions of Alberta. We’ve seen a sharp year-over-year increase in imports from the U.S., which is causing a variable price structure to develop across […] Read more

Finishers, Livestock, Markets

Klassen: Beef demand drives feeder market higher

By Jerry Klassen, GFM Network News November 7, 2017

Compared to last week, Western Canadian yearling prices were $5 higher on average; calves traded $3 to as much as $6 above week ago levels. Strength in fed cattle prices quickly spilled over into the feeder complex, especially on shorter keep replacements. On Friday, Alberta packers were buying fed cattle from $247 to $250 on […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market remains firm

By Jerry Klassen, GFM Network News October 31, 2017

Western Canadian yearling markets were trading $3 to as much as $6 above week-ago levels while calf prices were relatively unchanged. The Canadian dollar was under pressure all week, closing Friday at US77.85 cents, the lowest levels since mid-July. At the same time, April live cattle futures made fresh contract highs, reflecting a week-over-week gain […] Read more

Beef Cattle, Cow-Calf, Finishers, Livestock, Markets

Klassen: Feeder market anticipates higher feed grain prices

By Jerry Klassen, GFM Network News August 8, 2017

Compared to last week, Western Canadian yearling prices were steady to $5 higher. Across the prairies, strong demand was noted on limited offerings. Most auction barns are gearing up for major sales over the next couple weeks; however, it appears that a few ranchers were testing the waters and the results were quite surprising. Feedlot operators […] Read more

Beef Cattle, Cow-Calf, Livestock, Markets

Klassen: Calm feeder market prior to fall run

By Jerry Klassen, GFM Network News August 1, 2017

Western Canadian feeder cattle markets were hard to define over the past week given the limited numbers on offer. Most sale barns remain in holiday mode and the few cattle coming on the market were of various quality. Lighter weight feeders were trading $3 to as much as $10 lower compared to week ago levels; […] Read more

Cattleman’s Corner, Livestock, Markets

Understanding feeder cattle risk: Pt. 1

Market Update with Jerry Klassen: A hedging program can remove some of the uncertainty

By Jerry Klassen February 16, 2017

In the January 24 Grainews issue, I explained the feeder cattle futures market and the simple mechanics of hedging feeder cattle. In this column, I want to take one step further and discuss the financial risk associated with backgrounding or selling feeder cattle. Read more: Important to understand the futures Read more: Producers hit with […] Read more

Daily Network News

Feed Grain Weekly: Seasonal gains expected this spring

Klassen: Stronger barley prices weigh on feeder cattle values

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

Tag Archives Jerry Klassen

Klassen: Strong demand drives yearlings higher

Trade predicts fewer pulse acres, another canola record

Klassen: Feeder market lacks demand in new tax year

Klassen: Feeder market ends 2017 on positive tone

Klassen: Feeder market rally stalls

Klassen: Beef demand drives feeder market higher

Klassen: Feeder cattle market remains firm

Klassen: Feeder market anticipates higher feed grain prices

Klassen: Calm feeder market prior to fall run

Understanding feeder cattle risk: Pt. 1

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