Alberta direct cattle sales Thursday saw light trade develop with dressed sales ranging from 264.00-265.00 delivered, fully steady with prices seen on Wednesday and steady to 1.00 higher than last week. All three western Canadian packers bought cattle. Cattle that traded this week were being scheduled for the middle to late October delivery. This week’s cash offering has been cleaned up. fed prices have trended mostly sideway over the past month averaging from 156.00-158.00.
|D1, D2 Cows||D3 Cows||Bulls|
In the US, around 2,000 head of cattle traded between Iowa and Nebraska with yesterday with dressed sales ranging from 193.00-198.00, 2.00-3.00 lower than the previous week. Live sales in Texas were reported at 124.00, fully steady with the previous week. USDA is scheduled to release its September 1st cattle on feed report this afternoon. Pre-report estimates are indicating August placements to be down 1% compared to last year and marketings are expected steady. If realized this would put September 1st cattle on feed inventories down 2% versus last year.
|123.00, -0.22||128.12, -0.50||132.55, -0.40|
|Boner Cows||Rail Average|
|Over 500 lbs.||US$ 135.36|
Information provided on this report is supplied by various auction markets throughout Alberta. In reference to the following prices, producers are reminded to check with individual markets on current prices and trends. Prices quoted include top quality cattle only.
|Bred Cows||Bred Heifers||Cow/Calf Pairs|
Disclaimer: Information on this page is not for further distribution without permission from Canfax
The Cattle Price Insurance Program offers producers the ability to manage their bottom line by purchasing price insurance to provide a floor price on future cattle sales. This is a snapshot of top coverage offered this past week. LPI-Calf is available to purchase from February to June.