Current Markets & Forecasts

Alberta direct cattle sales saw moderate volume trade last week with weighted average prices closing $2.28 and $3.14/cwt lower than the previous week for steers and heifers respectively. Dressed prices were generally $3-4/cwt lower than the previous week’s rail average in a full $258-263/cwt delivered trade range. Light live trade was reported comparable with rail…

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…

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…

Western Canadian fed prices have tracked higher for six consecutive weeks. The market is currently in the process of carving out its second quarter highs. Closing at over $163/cwt, this is the fifth highest weekly fed price in the past three years. Active trade developed with dressed sales ranging from $270-276/cwt delivered. Cattle that traded…

Canfax fed steer and heifer prices closed last week around $161/cwt, $3.50/cwt higher than the previous week. Last week dressed sales were reported from $262.00-273.50/cwt FOB the lot. Cattle that traded last week were being scheduled for the second half of May delivery. Western Canadian fed slaughter for the week ending May 1st totaled just…