Current Markets & Forecasts

Western Canadian fed markets continue to grind higher, setting new annual highs. Prices have been higher in eight out of the past nine weeks, gaining $6/cwt over that time frame. Dressed sales were reported from $302-304/cwt delivered, cattle that traded were being scheduled for late September/early October delivery. Western Canadian B4 grade cattle (dark cutters)…

The Canfax fed steer and heifer price closed around $179/cwt $0.50/cwt higher than the previous week. Last week, dressed sales were reported from $298.50-300.50/cwt FOB the lot.  Lift times were all over the map depending on who bought the cattle. Two packers were buying for September delivery while the other packer was buying cattle for…

Establishing new annual highs, the Canfax fed steer and heifer price closed around $176.75/cwt. Last week, dressed sales were reported from $294.50-296.50/cwt FOB the lot. Most of the cattle that traded were being scheduled for early September delivery. Competition on the cash market was decent with all three Western Canadian packers buying cattle. Premiums were…

Competition on the Western Canadian cash market was decent, and a stronger price tone was noted as the week progressed. Weekly dressed sales were reported from $295-297/cwt delivered. Delivery dates seem to be tightening up a little bit, cattle that traded were being scheduled for late August/early September delivery. Alberta fed prices traded at an…

Last week, Canfax fed steer and heifer price closed around $174.75/cwt, $0.75/cwt higher than the previous week. Fed cattle prices are $25/cwt higher than last year. Last week dressed sales were reported from $291.50-292.50/cwt FOB the lot. Most of the cattle that traded last week were being scheduled for late August/early September delivery. Last week…

Last week, Canfax fed steer and heifer price closed around $174/cwt, down slightly from the previous week. For the second half of June this is the second highest price on record. Fed prices have been mostly steady over the past seven weeks, averaging in the mid $170s/cwt. Last week dressed sales were reported from $290-292/cwt…

Alberta direct cattle sales saw limited buying interest last week, but average steer prices did firm modestly higher. The majority of trade was reported steady to $1/cwt higher than the previous week at $292-293/cwt delivered dressed. Heifer prices were generally comparable with steers, but weekly sale volumes were too slight to fully establish a repeatable…

Last week, Canfax fed steer and heifer price closed around $174/cwt, steady with the previous week. Prices are $19/cwt higher than last year and $30/cwt higher than the five-year average. Last week dressed sales were reported from $288.50-290.50/cwt FOB the lot. Pick up times were all over the map, largely dependent on who bought the…

The Alberta fed cattle market tone was softer with lackluster trade interest reported during the four days prior to the July 1st holiday. Most trade was reported steady, with the lower end of the week prior at $292/cwt delivered. One packer was offering a +$2/cwt premium for 70% AAA grades. Weighted average steer price eased…

Last week, Canfax fed steer and heifer price closed around $175.25/cwt, $0.75/cwt higher than the previous week. Fed cattle prices are at the highest point since the spring of 2017. Last week dressed sales were reported from $289.50-292.50/cwt FOB the lot. Most of the cattle that traded last week were being scheduled for late July/early…