Current Markets & Forecasts

Over the past month fed prices have traded mostly sideways averaging from $156-158/cwt. On a cash to cash basis, Alberta fed prices have moved back to a premium against the U.S. market. Active trade was reported with all three Western Canadian packers buying cattle last week. Dressed sales were reported from $264-266/cwt delivered, and cattle…

Canfax fed steer and heifer prices closed the week around $157/cwt, $0.50/cwt lower than the previous week. Last week dressed sales were reported from $260.00-263.50 FOB lot. Cattle that traded last week were being booked for late September/early October delivery. On a cash-to-cash basis, Alberta fed prices are trading at a slight premium against the…

Fed cattle prices have now strengthened for five weeks in a row. Most dressed sales last week were reported from $264.00-265.50/cwt delivered and cattle that traded were being scheduled anywhere from the second half of September to early October delivery. After trading at a discount to the U.S. market for the past nine weeks, Alberta…

Canfax fed steer and heifer prices closed the week around $155.50/cwt, $1/cwt higher than the previous week. Fed prices have trended higher for four straight weeks. Last week dressed sales were reported from $259.75-261.50 FOB lot. Cattle that traded last week were being booked anywhere from the middle to late September. Alberta fed cash to…

Over the past three weeks fed cattle prices have rallied $4/cwt moving back over $154/cwt. Light trade developed last week with the bulk of sales reported at $260/cwt delivered, and cattle were being scheduled for the second half of September delivery. For the week ending August 21st Western Canadian fed slaughter totaled just over 49,000…

Canfax fed steer and heifer prices closed the week around $153.25/cwt, $2.50/cwt higher than the previous week. Last week dressed sales were reported from $252.50-259.50 FOB lot. Cattle that traded last week were being booked anywhere from immediate to early October delivery. Alberta cash to futures basis weakened going from -$2.68 to -$4.25 last week. …

Last week’s dressed sales ranged from $253-254/cwt delivered. Cattle were being scheduled for the first half of September delivery. For the week ending August 7, Western Canadian cattle grading B4 totaled 735 head, the second largest volume seen all year. Warmer temperatures and possibly more overnight delivery cattle could be causing an increase in dark…

Canfax fed steer and heifer prices closed the week around $150/cwt, mostly steady with the previous week. Last week dressed sales were reported from $250.50-251.75 FOB lot. Cattle that traded last week were being booked for late August/early September delivery. On a cash-to-cash basis Alberta fed prices are trading at roughly $5.75/cwt discount against the…

By Jerry Klassen, GFM Network NewsContributor, Alberta Farmer Express Compared to last week, Western Canadian feeder yearling prices were relatively unchanged; calves traded $2 to $5 lower. The fall run has started. Drought like conditions have caused many ranchers to sell cattle 30 to 45 days earlier than normal. Steers averaging 900 pounds were readily trading in…

Canfax fed steer and heifer prices closed the week around $150/cwt, mostly steady with the previous week. After dropping $14/cwt since June the fed market has found some stability averaging in the low $150s/cwt for the past three weeks. Last week dressed sales were reported from $248.50-251.50/cwt FOB the lot. Most of the cattle that…