Alberta direct cattle sales Monday saw no new trade to report, this week’s showlist has been compiled with volumes larger than the previous week. Last week on a cash to cash basis Alberta fed prices were at a 4.00 discount against the US market. Yearling supplies are being whittled down and in a couple weeks some early placed calves could start to hit the market. With fed prices hanging around 150.00, producers will not be encouraged to sell calves ahead of schedule.
|D1, D2 Cows||D3 Cows||Bulls|
|Boner Cows||Rail Average|
|Over 500 lbs.||136.21|
In the US, there is no new trade to report. Nationally packer interest remains light with bids yet to be established. Significant trade will likely be delayed until the second half of this week. Asking prices are poorly defined but are expected to start out around 127.00 on a live basis. Four state showlist volumes have been reported larger with the largest week over week increase in fed supplies noted in Texas. Monday’s cattle slaughter was estimated at 112,000 head, reduced slaughter volumes could be related to maintenance, cooler cleaning, or employee issues.
|122.90, +0.17||121.62, -0.47||121.40, -0.55|
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|
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