Jerry Klassen Archives - Page 18 of 28

Klassen: Steady fed cattle market supports feeder complex

By GFM Network News, Jerry Klassen April 5, 2022

Compared to last week, western Canadian yearling prices were $2-$4 higher on average while calves were steady to as much as $5 higher. Alberta packers were buying fed cattle on a dressed basis in the range of $273-$275 delivered; live prices were quoted at $161 f.o.b. the feedlot. There is a severe backlog of market-ready

CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

Livestock, Markets

Klassen: Feeder market showing strength in deferred positions

By GFM Network News, Jerry Klassen March 29, 2022

Compared to last week, western Canadian yearling prices were $3-$5 lower on average while calves traded steady to $4 lower. Outside central Alberta, the steer-heifer spread appeared to widen by $2-$4. Strength in corn futures contributed to the defensive tone. Feedlot operators buying hand-to-mouth have been caught off guard with the recent jump in feed

CME April 2023 live cattle (candlesticks, right column) with CME April 2022 feeder cattle (dark red line, left column). (Barchart)

Livestock, Markets

Klassen: Deferred live cattle futures underpin feeder cattle prices

By GFM Network News, Jerry Klassen March 22, 2022

Compared to last week, western Canadian feeder cattle markets traded $2-$4 on either side of unchanged. Major feedlot operations in Alberta continue to carry large numbers of market-ready cattle. The backlog of fed cattle appears to be worse than earlier anticipated. Yearlings were featured at auction barns in the main feeding regions of Alberta. Feedlot

Beef cattle, Livestock

Klassen: Surge in feed grain prices shocks feeder cattle market

By GFM Network News, Jerry Klassen March 9, 2022

Compared to last week, western Canadian yearling markets traded $3-$5 lower on average. Feeder cattle weighing 650 to 800 lbs. were relatively unchanged to $3 lower. Calves under 650 lbs. were steady to $4-$6 lower in Alberta, unchanged in Saskatchewan and $3-$5 higher in Manitoba. Fleshier yearlings and calves were heavily discounted last week with

Livestock, Markets

Klassen: Feeder market shows resilience

By GFM Network News, Jerry Klassen March 1, 2022

Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged. Calves in the range of 600-800 lbs. traded steady to $4 higher. Calves under 600 lbs. were $1-$2 higher in Alberta and Saskatchewan but traded $2-$3 lower in Manitoba. Alberta feedlot operators appeared to shrug off the geopolitical events last

Livestock, Markets

Klassen: Weather factors influence calf prices

By GFM Network News, Jerry Klassen February 22, 2022

Compared to last week, western Canadian yearling markets traded $4 lower to as much as $5 higher. Mid-weight feeder cattle traded relatively unchanged with strong demand noted on steers. Steer calves were firm, trading $2-$5 higher while heifer calves traded $4-$5 on either side of unchanged. The market was hard to define for calves and

Livestock, Markets

Klassen: Demand increases for lighter-weight feeder cattle

By GFM Network News, Jerry Klassen February 15, 2022

Compared to last week, western Canadian yearling prices were unchanged to $4 higher. Mid-weight feeders from 660 to 750 pounds traded $2 to as much as $6 higher on average. Feeder cattle in the 550- to 650-lb. range traded $4 to as much as $10 higher. Feeder cattle under 550 lbs. were up $10-$20 depending

Livestock, Markets

Klassen: Diverse price behaviour seen in feeder market

By GFM Network News, Jerry Klassen February 8, 2022

Last week’s price action in western Canadian feeder markets was quite variable. Yearling prices were steady to $4 lower on average across the Prairies. Mid-weight cattle were down $3-$4 in Alberta and $2-$4 higher in Manitoba. Calf prices were also mixed. In eastern Saskatchewan and Manitoba, calves traded $2 to as much as $8 above

Livestock, Markets, Weather

Klassen: Feeder market establishes short-term stability

By GFM Network News, Jerry Klassen February 2, 2022

Compared to last week, western Canadian feeder cattle traded $2-$4 on either side of unchanged. Steady demand was noted on 800-plus-pound cattle, but calves and lighter weights experienced softer buying interest. Favourable weather and optimal pen conditions along with firmer live cattle futures supported the yearling market. Imports of U.S. corn continue to run 10-14

(Blair Cameron photo courtesy Canada Beef Inc.)

Beef cattle, Livestock, Markets

Klassen: Feeder market softens on tight feed grain supply

Ontario buying interest subsides

By GFM Network News, Jerry Klassen January 25, 2022

Compared to last week, prices for yearling steers were down $2-$4 while yearling heifers were down $4 to as much as $8. Calf markets were down $3-$6 from last week. Negative feeding margins, colder temperatures and tight feed grain supplies were the three main factors setting a negative tone in the feeder market. Rail imports

Daily Network News

U.S. livestock: Cattle sink ahead of semi-annual inventory report

U.S. grains: Chicago wheat futures firm on recent dollar slide, winter weather

Feed Grains Weekly: More consideration being given to U.S. corn

Tag Archives Jerry Klassen

Klassen: Steady fed cattle market supports feeder complex

Klassen: Feeder market showing strength in deferred positions

Klassen: Deferred live cattle futures underpin feeder cattle prices

Klassen: Surge in feed grain prices shocks feeder cattle market

Klassen: Feeder market shows resilience

Klassen: Weather factors influence calf prices

Klassen: Demand increases for lighter-weight feeder cattle

Klassen: Diverse price behaviour seen in feeder market

Klassen: Feeder market establishes short-term stability

Klassen: Feeder market softens on tight feed grain supply

AgCanadaTV

AgCanadaTV: Inflation puts tighter squeeze on farmers

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