Current Markets & Forecasts

Alberta direct cattle sales saw light to moderate cash trade last week with weighted average steer prices easing $1.73/cwt lower than the previous week. Dressed prices were steady to $5/cwt lower than the previous week from $252-253/cwt delivered. Light live trade was reported comparable with rail sales. Recent western Canadian fed slaughter totaled 52,919 head…

Canfax fed steer and heifer prices closed last week around $151.75/cwt, $3/cwt lower than the previous week. Fed cattle prices have declined for five straight weeks, and over that timeframe have dropped $12.50/cwt. Last week dressed sales were reported from $251.50-255.50/cwt FOB the lot. Most of the cattle that traded were being scheduled for the week of August 9th delivery. Competition on the cash…

Canfax fed steer and heifer prices closed last week around $157.50/cwt, $5/cwt lower than the previous week. Dressed sales were reported from $260.50-264.50/cwt FOB the lot. All three Western Canadian packers procured cattle last week. In some instances, packers were limiting the amount of cash cattle they were buying from each producer. Most of the…

Canfax fed steer and heifer prices closed last week around $162.25/cwt, $2/cwt lower than the previous week. The last time fed prices averaged over $160/cwt in June was back in 2015, other than 2015 this stands as the second strongest price for June on record. Last week dressed sales were reported from $270-272/cwt FOB the…

Dressed sales last week ranged from $274-277/cwt delivered and most of the cattle that traded were being scheduled for the week of July 12th delivery. Premiums were noted on export eligible cattle that have not been fed ractopamine. Historically when Western Canadian fed prices are at such a premium to the US market, Canadian packers…

Canfax fed steer and heifer prices closed last week around $164/cwt, $0.50/cwt higher than the previous week. Last week dressed sales were reported from $271-278/cwt FOB the lot. Most of the cattle that traded last week were being scheduled for late June/early July delivery. Last week it was estimated Alberta fed prices were trading at…

Alberta direct cattle sales saw moderate volume dressed trade last week with prices steady to $2/cwt higher than the previous week with the majority trading at $275/cwt delivered. Weighted average prices closed the week almost $1/cwt higher, setting a new annual high at $164.32/cwt. Things are returning to normal this week for JBS following a…

Canfax fed steer and heifer prices closed last week around $163/cwt, fully steady with the previous week. Last week dressed sales were reported from $269.50-274.50/cwt FOB the lot. Cattle that traded last week were being scheduled for the middle to end of June delivery. With strong prices and basis levels some fed calves are being…

Canfax fed steer and heifer prices closed last week around $163/cwt, fully steady with the previous week. Last week dressed sales were reported from $271.50-272.50/cwt FOB the lot. Most if not all the cattle that traded last week were being scheduled for the week of June 7th delivery. Last week it was estimated Alberta fed…