Last week, the Canfax average fed steer and heifer price closed around $294.50/cwt live, $4.50/cwt lower than the previous week. From their highs in September, fed prices have declined $22/cwt. Light trade was reported with dressed sales from $490.25–496.00/cwt FOB the feedlot. All Western Canadian packers bought cattle, but competition on the cash market was…

Alberta fed prices have been under pressure, dropping $10.00/cwt over the past three weeks and hitting the lowest point since mid-August. The market is in the process of working through seasonally larger fed numbers. Competition on the cash market was somewhat limited, and in some instances, one packer was not even bidding on cattle. Dressed…

Since the beginning of July, fed prices have rallied $18/cwt and have again established new record highs. Last week, the Canfax average fed steer and heifer price closed around $315/cwt live, $2/cwt higher than the previous week. Light trade was reported last week with dressed sales reported from $518.00–526.50/cwt FOB the feedlot. Buying interest was…

Alberta fed prices averaged in the low $310s/cwt last week. Western Canadian fed prices have rallied $13.00/cwt over the past month. Not only have prices advanced but basis levels have also strengthened. Dressed sales were reported at $525.00/cwt delivered, $5.00–15.00/cwt stronger than the previous week. Cattle that traded were scheduled for delivery in the second…

Fed prices continue to advance, setting new record highs. Last week, the Canfax average fed steer and heifer price closed around $307/cwt live, $5/cwt higher than previous week. Light trade was reported last week with dressed sales reported from $508.00–518.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. Cattle that traded…