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US Trade- Steers

Live: 138.00-140.00 (TX, KN)
Rail: 229.00-232.00 (IA, NE)

US Trade - Heifers

Live: 138.00-140.00 (TX, KN)
Rail: 229.00-232.00 (IA, NE)

Canadian Dollar

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August 4, 2021 Issues & Insights

Buyer Beware: Fraudsters taking advantage of high hay prices

Farmers and ranchers are being urged to use caution when making hay and feed-related purchases.

According to Saskatchewan RCMP and Livestock Services Saskatchewan, several producers in the province have been the victims of fraud in trying to purchase hay.

In the cases, advertisements placed on social media and other buy/sell platforms requested immediate payment, even prior to the buyer seeing the hay. These were later learned to be scams.

In similar news this week, Swift Current Online reported on a theft of 12 hay bales south of Hazenmore, Saskatchewan. The bales were discovered missing between July 14 and 30, 2021. Their value is estimated at $2400.

RCMP In Search Of Hay Bale Thief

To mitigate against the risk of fraud, buyers are encouraged to confirm product or items are legitimate, and establish delivery before sending funds.

Anyone with information related to hay fraud, should contact their local RCMP Detachment or Livestock Services Saskatchewan (306-546-5086).

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Updated: 12/08/2022

Steers

Live: ---
Rail: ---

Heifers

Live: ---
Rail: ---

Choice Steers

Live: 138.00-140.00 (TX, KN)
Rail: 229.00-232.00 (IA, NE)

Choice Heifers

Live: 138.00-140.00 (TX, KN)
Rail: 229.00-232.00 (IA, NE)

Boner Cows

Over 500 lbs: US$ 170.11

Canadian Dollar

$78.15   0.20

Livestock Price Insurance Index

Expiry Fed Feeder Calf
7-Nov 174 226 -
5-Decv 174 222 -
30-Jan 184 226 -
27-Feb 182 226 -
27-Mar 188 230 -
24-Apr 192 230 -
Last Updated on August 11, 2022