Current Markets & Forecasts

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…

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…

Alberta fed cattle prices set a new annual high last week, seeing the strongest weighted average prices since May 2017. Steer trade volumes were moderate, but heifer volumes were too slight to fully establish a weekly price trend. Most trade was reported steady to $4/cwt higher than the previous week dressed in a tight $292-294/cwt…

Last week’s large speculative cash offering saw lackluster buying interest, and procurement volumes were limited. The bulk of dressed sales were reported steady to $2/cwt lower than the previous week at $288-289/cwt delivered. Weighted average prices were generally $1/cwt lower than the previous week. June kill schedules have been booked up and deliveries are now…

Last week, Canfax fed steer and heifer price closed around $172/cwt, $1/cwt lower than the previous week. This is the first time in nine weeks that fed prices have been lower. Alberta fed prices are trading at a discount to both the Ontario and US markets. Last week, dressed sales were reported from $286.50-288.50/cwt FOB…

The majority of trade last week was reported dressed from $288-293/cwt delivered and comparable live trade was reported at $172.50/cwt. Steer prices firming over $1/cwt higher to average $173.42/cwt. Western Canadian fed slaughter for the week ending May 14th was 7% larger than the previous week, totaling 45,376 head. YTD Western fed slaughter volume was…