Current Markets & Forecasts

The Canfax fed steer and heifer price closed the week around $182.25/cwt, a couple dollars higher than the previous week. Last week, dressed sales were reported from $302.00-302.50/cwt FOB the lot. Cattle were being scheduled for the first half of January delivery. Light volumes of Alberta-fed cattle traded to the U.S. Depending on freight and…

The seasonal shift of leverage from the packer to the cattle feeder has not materialized, as packers continue to have the upper hand on the market. Packers were also limiting the amount of cattle they were buying from each producer. Dressed sales ranged from $304-305/cwt, $1-4/cwt higher than the previous week. Cattle were being booked…

The Canfax fed steer and heifer price closed the week at $181/cwt, $1/cwt higher than the previous week. Last week, dressed sales were reported from $300.00-300.50/cwt FOB the lot. Pick up dates were all over the map depending on which packer bought the cattle. Cattle were being scheduled anywhere from late November to mid-December delivery….

Dressed sales last week were mostly reported at $302/cwt delivered. Cattle that traded were scheduled for late November/early December delivery. Light volumes of Alberta cattle traded to the U.S.; depending on freight and dressing percentage, cattle were working back to the $186/cwt area FOB the lot. Sales to the U.S. were at a premium over…

Cattle on feed numbers have started to tighten with smaller placements in June and July, resulting in the August 1st inventories being below year ago levels for the first time in over a year. While they remain above the five-year average, fed cattle marketings are expected to tighten throughout the second half of the year…

The Canfax fed steer and heifer price closed around $179.50/cwt, $1.75/cwt lower than the previous week. Last week, dressed sales were reported from $298.50-303.50/cwt FOB the lot. All three western Canadian packer bought cattle last week. Most of the cattle that traded were being scheduled for the first half of November delivery. The Alberta fed…

Alberta direct fed cattle sales clambered higher again last week to establish a new annual high. Steer prices were the strongest seen since May 2017. The bulk of sales were reported dressed from $300-305/cwt delivered. Light live trade was fully comparable with rail sales. Feedlots were motivated sellers, marketing heavier cattle in anticipation of future…

Traditionally this is the time of the year the fed market is putting in its summer low, instead the Western Canadian fed market continues to grind higher setting new annual price highs. Weekly dressed sales were reported from $302-304/cwt delivered, cattle that traded last week were being scheduled for the week of October 17th delivery….

The Canfax fed steer and heifer price closed around $179.50/cwt, fully steady with the previous week. Last week, dressed sales were reported from $299.50-301.50/cwt FOB the lot. Lift times were all over the map depending on who bought the cattle. Cattle that traded last week were being scheduled for late September/mid-October delivery. The Alberta fed…