Seasonally, after the Easter holiday warmer weather is usually price supportive for the beef complex. Packer margins have improved in recent weeks with a stronger cutout and utilization. Alberta direct cattle saw light trade with dressed sales reported at $545.00/cwt delivered, $5.00/cwt stronger than the previous week. Buying interest was noted from all Western Canadian…
Last week, the Canfax average fed steer and heifer price closed around $321/cwt live, steady with the previous week. Buying interest was noted from all Western Canadian packers while U.S. inquiries were limited. Light trade was reported with dressed sales ranging from $535.50-539.00/cwt FOB the feedlot. In some instances, cattle were bought flat with no…
Eastern and Western Canadian fed prices have been moving in opposite directions as of late. Eastern Canadian fed prices were the lowest seen this year, while Western Canadian fed prices established new record highs. Last week, light to moderate trade was reported with dressed sales at $540.00/cwt delivered. Cattle that traded were scheduled for early…
Last week, the Canfax average fed steer and heifer price closed on either side of $320/cwt live, holding at record high levels. Buying interest was noted from all Western Canadian packers but competition on the cash market was limited. Light trade was reported with dressed sales ranging from $523.50–536.50/cwt FOB the feedlot. In some instances,…
Alberta weighted fed steers and heifers closed the week at $321.00 and $319.00/cwt respectively, $1.00/cwt stronger than the previous week. This is the smallest week-over-week rally since January. Dressed sales were reported from $535.00–539.00/cwt delivered, $4.00–5.00/cwt stronger. Cattle that traded were scheduled from immediate to early April delivery. This is the second consecutive week that…
Alberta weighted average fed steers closed the week just north of $315/cwt, while heifers were at $313/cwt. Dressed sales were reported from $520–530/cwt delivered, $5–7/cwt stronger than the prior week. Cattle that traded were scheduled from immediate to the first half of March delivery. U.S. packer interest was noted, but no sales were confirmed. Cattle from Saskatchewan…
Last week, the Canfax average fed steer and heifer price closed around $310/cwt live, $3/cwt higher than the previous week. Buying interest was noted from all Western Canadian packers. Light trade was reported with dressed sales ranging from $515.25–523.00/cwt FOB the feedlot. Cattle that traded were being scheduled anywhere from immediate to mid March delivery. U.S. packer…
Alberta weighted average fed steers and heifers averaged on either side of $306.00/cwt, the highest point since early October. Dressed sales ranged from $515.00–517.00/cwt delivered. Cattle that traded were scheduled anywhere from immediate to the first half of March delivery. Buying interest was noted from all Western Canadian packers, and U.S. buying interest was also…
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…
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