The Canfax average fed steer and heifer price closed around $298/cwt live, $1.50/cwt higher than previous week. Fed cattle prices are $38-39/cwt higher than a year ago. Light trade was reported last week with dressed sales reported from $494.00-498.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. Cattle that traded were…
It was another exciting week for the fed cattle market with new highs being established. Fed prices have trended steady to higher for the past ten weeks. The Canfax average fed steer and heifer price closed around $296.50/cwt live, $3.50/cwt higher than previous week. Light trade was reported last week with dressed sales reported from…
Alberta fed prices established new highs trading in the low $290s/cwt. Dressed sales were reported from $490-$493/cwt delivered; $3/cwt stronger than the previous week. Buying interest was noted from three Western Canadian packers. Cattle that traded were scheduled from immediate to June delivery. For the week ending May 2nd, the Canadian weekly steer carcass weight…
Alberta fed prices reach new record high in the upper $280s/cwt. Historically, from April to May, the market has rallied in 7 out of the past 10 years, with the strongest rallies occurring in the last fours years. As more fed calves enter the slaughter mix, Western Canadian steer carcass weight for the ween ending…
Trending higher for the past month, fed prices have started to level off. Last week, the Canfax average fed steer and heifer price closed around $282/cwt live, fully steady with the previous week. Fed prices continue to hold near record high levels. Light trade was reported last week with dressed sales reported from $472.00-473.50/cwt FOB…
Alberta fed prices continued to hover around record-high levels in the low $280’s/cwt. Over the past decade, 8 out of 10 annual highs have been set in the first half of the year, as spring is seasonally when the fed market typically peaks. Dressed sales were reported from $475/cwt, $5/cwt stronger than the previous week….
On April 2nd, the U.S. administration announced a wide swath of reciprocal tariffs on numerous countries. For the Canadian cattle industry, the best-case scenario materialized. Canadian products under the Canada-United States-Mexico Agreement (CUSMA) continue to be exempt from U.S. tariffs. Last week, Alberta fed prices established new record highs. Fed steer and heifer prices closed…
Alberta fed prices rebounded sharply after the largest week-over-week decrease of the year, following the announcement that tariffs on goods and services covered under CUSMA/USCMA will be paused until April 2nd. Fed cattle traded $5-6/cwt stronger than the previous week, this brings fed steers within $6/cwt from record high set back in February, with fed…
Alberta fed prices rebounded sharply after the largest week-over-week decrease of the year, following the announcement that tariffs on goods and services covered under CUSMA/USCMA will be paused until April 2nd. Fed cattle traded $5-6/cwt stronger than the previous week, this brings fed steers within $6/cwt from record high set back in February, with fed…
Alberta fed prices continue to average in the mid $270’s/cwt. From January to February fed steers and heifer are up $8 and $7/cwt respectively. For the past decade, this is the second largest rally for fed steer and the second largest for fed heifers. Dressed sales were reported from $458-460/cwt delivered, $2/cwt lower than the…
Alberta fed prices traded softer after strengthening for the past three weeks. Prices averaged in the mid $270’s/cwt, and remained just a couple dollar shy of record high prices. The last time fed prices set an annual high in January was in 2020. From 2021-2024, annual highs have been established in June. Dressed sales were…
In Alberta last week, average fed steer and heifer prices closed the week around $276/cwt live, $1.75/cwt higher than the previous week. Fed cattle prices are $56/cwt higher than last year. Light trade was reported last week with dressed sales reported from $456.50-463.50/cwt FOB the feedlot. Cattle that traded were being scheduled anywhere from immediate…