The Canfax fed steer and heifer price closed the week at around $207/cwt, $3.75/cwt higher than the previous week. Fed prices have traded higher for thirteen consecutive weeks, establishing new record highs. Last week, dressed sales were reported from $345.75-346.50/cwt FOB the lot. Competition on the cash market was limited, with one packer buying most...
Read MoreClosing at $203.90/cwt and $210.13/cwt respectively, both Western and Eastern Canadian fed steer prices set new all-time highs. In Western Canada, dressed sales were reported at $342/cwt delivered. Cattle were being scheduled for the second half of March delivery. A few Alberta fed cattle were marketed to the U.S. on a five areas formula basis....
Read MoreThe Canfax fed steer and heifer price closed the week at around $201/cwt, $3.50/cwt higher than the previous week. Last week dressed sales reported from $335-336.50/cwt FOB lot. Dressed fed cattle prices are within $4/cwt of their all-time highs set back in May 2015. Competition on the cash market was limited with one packer buying...
Read MoreThe Canfax fed steer and heifer price closed the week at around $197.50/cwt, $1.50/cwt higher than the previous week. Fed cattle prices have strengthened for 10 consecutive weeks. Last week dressed sales reported from $330.50-333.50/cwt FOB lot. On most sales, cattle were purchased flat with no heavy-weight carcass discounts. Most of the cattle that traded...
Read MoreModerate volume fed trade last week saw dressed prices steady to $3/cwt higher than the previous week. The bulk of sales were reported dressed at $328/cwt delivered in a full $327-328/cwt delivered trade range. U.S. buyers once again procured Canadian cattle on the five-area average. Cash sales also developed at USD $250/cwt delivered and worked...
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