Articles by Jerry Klassen | Manitoba Co-operator

Klassen: Feeder market recovery continues

Strength in fed cattle prices the main driver

Compared to last week, western Canadian yearling prices were $6-$8 higher on average while calves were unchanged to $4 higher. Strength in fed cattle prices was the main factor driving the feeder cattle market this week. Alberta direct fed cattle sales were reported on a live basis from $150 to $153 f.o.b. the feedlot, up

Livestock, Markets

Klassen: Feeder cattle markets reflect mixed tone

U.S. corn offered into southern Alberta

By GFM Network News, Jerry Klassen May 28, 2020

Compared to the previous week, western Canadian yearling prices were $2-$4 higher on average while calves traded unchanged to as much as $8 lower. Larger feedlot operations were actively bidding for 800-plus-lb. feeders across the Prairies due to the limited supply. Lower volumes were available this past week which was supportive for the market. Southern

Livestock, Markets

Klassen: Feeder market jumps on renewed optimism

Weekly slaughter pace improving

By GFM Network News, Jerry Klassen May 19, 2020

Compared to last week, western Canadian feeder cattle over 800 lbs. traded $8-$10 higher while lighter weight categories were up $4 to as much as $12 in some cases. Feeder cattle under 800 lbs. were very well bid across the Prairies; feeder cattle under 700 lbs. are now trading at prices similar to late February,

Livestock, Markets

Klassen: Feeder market banks on fed cattle recovery

By GFM Network News, Jerry Klassen 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

Livestock, Markets

Klassen: Yearlings trade lower, calves ratchet higher

By GFM Network News, Jerry Klassen May 6, 2020

Compared to last week, western Canadian yearling prices were $4-$6 lower; mid-weight feeder cattle traded $2 higher to $4 lower. Lighter calves and grassers were quite variable. In Alberta, these cattle ranged from unchanged to as much as $8 higher on average while in the eastern Prairie regions, calves traded $4 lower to $4 higher.

Livestock, Markets

Klassen: Yearling prices stay sluggish, calves hold value

By GFM Network News, Jerry Klassen 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

Livestock, Markets

Klassen: Uncertainty defines feeder market

'Hope' factor remains supportive

By GFM Network News, Jerry Klassen 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

Livestock, Markets

Klassen: Weaker fed cattle prices weigh on feeder market

By GFM Network News, Jerry Klassen 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

Livestock, Markets

Klassen: Feeder market lacks buying interest

Market gives in to pressure from Chicago futures

By GFM Network News, Jerry Klassen April 7, 2020

Compared to last week, western Canadian feeder cattle markets traded $5-$8 lower on average, with yearlings dropping as much as $10-$12 in certain areas. It appears buyers are incorporating a risk discount due to uncertainty in beef demand longer-term. Rising unemployment levels, sluggish consumer confidence and a sharp drop in disposable income are all factors

Livestock, Markets

Klassen: Feeder market experiences fortuitous bounce

By GFM Network News, Jerry Klassen March 31, 2020

Last week, the feeder market started on a very sluggish tone. Buyers were sitting back waiting for the market to establish direction. By Friday, yearling prices were up $2-$4 compared to seven days earlier, while calves were trading $4 to as much as $8 above week-ago levels. Cow-calf producers and backgrounding operators have been holding

COVID concerns weigh on chicken farmers, processors

U.S. livestock: Live cattle down as slaughter recovers, beef prices sag

U.S. grains: Wheat falls as dollar bounces

GFM Network News

COVID concerns weigh on chicken farmers, processors

U.S. livestock: Live cattle down as slaughter recovers, beef prices sag

U.S. grains: Wheat falls as dollar bounces

Author Archives Jerry Klassen

Klassen: Feeder market recovery continues

Klassen: Feeder cattle markets reflect mixed tone

Klassen: Feeder market jumps on renewed optimism

Klassen: Feeder market banks on fed cattle recovery

Klassen: Yearlings trade lower, calves ratchet higher

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 lacks buying interest

Klassen: Feeder market experiences fortuitous bounce

Podcasts

Small business beef booms, food supply shortfalls, extradition anxieties, superpower trade tensions

Special Podcast Series

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 5, 2020.

GFM Network News

Podcasts

Special Podcast Series

AgCanadaTV

Daily Newsletter