Supporting cross-border cattle industry connections Alberta Beef Producers (ABP) hosted a meeting of state and provincial cattle groups in Nashville, TN on Monday, to coincide with the National Cattlemen’s Beef Association’s Cattle Industry Convention and Tradeshow (CattleCon). The meeting brought together representatives from U.S. state cattle associations and Canadian provincial organizations, along with others from across the beef value chain, as an opportunity to build and strengthen relationships at…
Last week, the Canfax average fed steer and heifer price closed around $304/cwt live, $2/cwt higher than the previous week. Over the past two months, fed prices have rallied $20/cwt. Light trade was reported with dressed sales ranging from $505.25–506.50/cwt FOB the feedlot. Cattle that traded were being scheduled anywhere from immediate to late February…
Alberta fed steers and heifers closed the week at $303.00/cwt and $301.00/cwt respectively, steady with the previous week. Dressed sales were reported from $505.00–508.00/cwt delivered, mostly at $508.00/cwt, also steady with the previous week. Competition on the cash market was limited. Cattle that traded were scheduled anywhere from immediate to the second half of February…
From a supply perspective, fed calf supplies are declining while yearling volumes are increasing. As more summer-placed yearlings enter the slaughter mix, carcass weights have started to seasonally decline. Last week, the Canfax average fed steer and heifer price closed around $301.50/cwt live, $4/cwt higher than the previous week. Since late November, fed prices have…
Alberta fed cattle prices have been on an upward swing since mid-December. Weighted average prices were around $3.00/cwt stronger than mid-December, when prices were last published. Dressed sales were ranging from $497.00–500.50/cwt FOB the feedlot, with immediate to first half of February delivery. Buying interest was noted from all Western Canadian packers. Since the first…
The Western Canadian fed market was a little disappointing given dressed sales in Eastern Canada were $10–20/cwt stronger last week. Last week, the Canfax average fed steer and heifer price closed around $294/cwt live, fully steady with the previous week. Light trade was reported with dressed sales ranging from $492.00–493.50/cwt FOB the feedlot. Competition on…
Alberta fed steers and heifers averaged $295.00/cwt and $293.00/cwt respectively, $3.00–4.00/cwt higher than the previous week. Despite fed prices strengthening over the past couple of weeks, the market has been disappointing relative to seasonal expectations. Dressed sales were reported from $493.00–$495.00/cwt delivered. Cattle that traded were scheduled for delivery through the month of January. Over…
Last week, the Canfax average fed steer and heifer price closed around $290/cwt live, $6/cwt higher than the previous week. Light trade was reported with dressed sales from $482.75–487.00/cwt FOB the feedlot. Competition on the cash market was limited with one packer not overly active. Cattle that traded were scheduled for late December and into…
Alberta fed steers and heifers closed the week trading at $286 and $283/cwt respectively, down $9/cwt from the previous week. The live cattle futures complex traded limit down on Monday, November 24 before rebounding mid-week. The U.S. Thanksgiving holiday contributed to softer beef demand. Dressed sales were reported at $475–485/cwt delivered, $10–15/cwt lower than the…
Last week, the Canfax average fed steer and heifer price closed around $293/cwt live, $2/cwt lower than the previous week. Fed prices are at the lowest point since May. Light trade was reported with dressed sales from $487.50–493.50/cwt FOB the feedlot. All Western Canadian packers bought cattle, but competition on the cash market was limited….
Last week, the Canfax average fed steer and heifer prices rebounded less than $1.00/cwt, with steers averaging $296.00/cwt and heifers near $294.00/cwt. Dressed sales were reported from $493.00–$495.00/cwt delivered, steady with the previous week. Cattle that traded were scheduled for delivery throughout December. U.S. packer interest was noted, and light volumes of Western Canadian cattle…
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 over the past eight weeks have declined $17/cwt, but the fed market is starting to show signs of stability, holding around $300/cwt. Fed prices are within $3/cwt of their second-half lows made in early July. Dressed sales were reported from $495–$505/cwt delivered. All Western Canadian packers bought cattle, but competition on the cash market was somewhat limited….