Current Markets & Forecasts

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…

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…

Fed prices established new annual highs last week and are now trading at the highest point in 14 months. Competition was noted from all three Western Canadian packers. Dressed sales were reported from mostly $262-267/cwt delivered, and cattle were being scheduled for the weeks of May 10th and 17th delivery. Over the past couple of…

Canfax fed cattle prices closed last week around $155/cwt, $2.50/cwt higher than the previous week, the highest prices since late March 2020. Most of the cattle that were marketed were yearlings, but a few fed calves were in the mix.  Last week dressed sales were reported from $257.00-260.50/cwt FOB the lot. Alberta fed cash to…

Canfax fed cattle prices closed last week around $152.25/cwt, $2/cwt higher than the previous week. Since the second half of March fed prices have rallied $5-8/cwt. Last week dressed sales were reported from $254.50-255.75/cwt FOB the lot. Cattle that traded last week were being scheduled for the week of April 26th and May 3rd delivery….

In May 2021, Canadian farm operators will have the opportunity to take part in a national dialogue by completing the Census of Agriculture questionnaire. The Census of Agriculture is a source of community-level data on agriculture. By drawing on these data, decision makers will act in the interest of farm operators, farm communities and agricultural…

Dressed sales started out last week at $250/cwt delivered and light live steer trade was comparable at $150/cwt. Bids firmed to $253/cwt by Thursday to encourage moderate volume follow up trade. Light heifer trade was reported comparable with steers, but sale volumes were too slight to establish a weekly trend. With a Friday holiday the…