Current Markets & Forecasts

Alberta fed prices continue to rally closing the week in the $270’s/cwt. Establishing new record highs. Dressed sales were reported from $437.00-$442.00/cwt, $2.00-$4.00/cwt stronger than the previous week. There was good competition with all three Western Canadian packers participating. Cattle that traded were scheduled anywhere from immediate to mid-February delivery. U.S. interest was noted with…

In Alberta last week, the weighted average fed steer and heifer prices closed the week around $265/cwt, $8/cwt higher than the previous week. Fed cattle prices did establish new record highs. Light trade was reported last week with dressed sales reported from $432.75-436.50/cwt FOB the feedlot. U.S. packer interest was supportive and light volumes of…

Alberta auction volumes from August through October were 18 per cent smaller than last year and 6 per cent smaller than the five-year average. Across western Canada, auction volumes were 13 per cent smaller than last year and 2 per cent smaller than the five-year average. Tighter supplies have shown up all year long, with…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $252/cwt live, $4.75/cwt higher than the previous week. Since the end of October, fed prices have rallied $14/cwt. Light trade was reported last week with dressed sales reported from $415.00-416.00/cwt FOB the feedlot. U.S. packer interest was supportive and light…

In Alberta, fed cattle trade last week averaged around $247/cwt, $1/cwt softer than the previous week. From their lows in late October, fed prices have rallied 3 per cent. Dressed sales were mostly at $415/cwt delivered. Cattle that traded were scheduled for the second half of December delivery. No negotiated cash sales to the U.S….

Alberta fed prices has finally broken to the upside after being stuck in a five-dollar trading range from $240-245/cwt, hitting the highest point since mid-August. Dressed sales were reported from $405-408/cwt delivered. Cattle traded were scheduled for first half of December delivery. U.S. packer interest was noted, with light volumes marketed South priced off the…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $244.50/cwt live, $3.50/cwt higher than the previous week. Light trade was reported last week with dressed sales reported from $402.00-403.50/cwt FOB feedlot. U.S. packer interest was noted, and light volumes of Western Canadian fed cattle were marketed South. Sales to…

Averaging on either side of $240/cwt Western Canadian fed prices rebounded $1/cwt. Fed cattle prices last week were $11/cwt higher than last year. Sale volumes were light last week and dressed sales were reported at $405/cwt delivered. Cattle that traded were being scheduled for late-November/early-December delivery. US packer interest was noted, and light volumes were…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $239.50/cwt live, $0.50/cwt lower than the previous week. Light trade was reported last week with dressed sales reported from $400.50-404.50/cwt FOB feedlot. Cattle that traded were scheduled for delivery anywhere from mid-November to mid-December delivery. U.S. packer interest was noted…

Alberta fed prices continue to hover around $240/cwt, while U.S. fed prices are within a couple dollars of their record highs set back in June. In Western Canada, feedlot margins have recently turn negative and breakeven are projected to be higher going forward. Dressed sales is reported at $403-408/cwt delivered. All three Western Canadian packers…