Current Markets & Forecasts

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…

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…

Fed cattle sale volumes were too light to establish a weighted average steer and heifer price, but the market tone was lower. Dressed sales and bids were reported from $240-245/cwt delivered, steady to $10/cwt lower than the previous week. Based on bids and sales, Alberta fed prices have gone from a premium to the US…

Alberta direct cattle sales were limited by a smaller cash offering last week as many feedlots revert out of cash and back to the formula grid market. It should be noted that total weekly marketings last week were the smallest so far this year. Light steer trade was marked at $250/cwt delivered, generally steady with…

Alberta direct cattle sales saw weighted average prices ease modestly lower last week. The majority of trade was reported dressed at $250/cwt delivered and delivery dates were scheduled for the first week of April. Western Canadian fed slaughter for the week ending March 13th was 1% smaller than the previous week and YTD were 15%…

The Canfax fed steer price closed last week around $149/cwt, $1/cwt lower than the previous week. Fed prices are at their lowest point in seven weeks. Last week dressed sales were reported from $247-250/cwt FOB the lot. Cattle that traded last week were being scheduled for the week of April 5th and 12th delivery. Last…