Last week, the Canfax average fed steer and heifer price closed around $302.50/cwt live, $2.50/cwt lower than the previous week. Fed prices have declined for four consecutive weeks, dropping $13/cwt. Light trade was reported last week, with dressed sales from $504.50–506.50/cwt FOB the feedlot. Competition on the cash market was mixed; one major Western Canadian…
The best way to describe the feeder market in western Canada is ON FIRE, as steer calves and yearling look to find the top of their markets. This bullish market for calves and feeders is well into its fourth year, with the rally beginning in the fourth quarter of 2021 and only very small periods…
Last week, the Canfax average fed steer and heifer price closed around $312/cwt live, steady with the previous week. Light trade was reported with dressed sales from $516.50–523.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers, but competition on the cash market was limited. Cattle that traded were scheduled for delivery…
Alberta fed prices are holding near record highs. Traditionally, this time of the year fed prices are putting in annual lows. Since the beginning of July, fed prices have rallied 7 per cent. Looking at the past fifteen years, this puts it as the second-largest third-quarter price rally, with only 2011 being larger when prices…
Since the beginning of July, fed prices have rallied $18/cwt and have again established new record highs. Last week, the Canfax average fed steer and heifer price closed around $315/cwt live, $2/cwt higher than the previous week. Light trade was reported last week with dressed sales reported from $518.00–526.50/cwt FOB the feedlot. Buying interest was…
The Canadian Cow-calf Cost of Production (COP) Network has released new whole-farm financial benchmarks to help producers measure profitability and identify opportunities to strengthen their bottom line. The COP Network is an initiative of Canfax Research Services, funded by the Beef Cattle Research Council, to create standardized, pan-Canadian benchmarks for cow-calf production systems. Producer data…
Alberta fed prices averaged in the low $310s/cwt last week. Western Canadian fed prices have rallied $13.00/cwt over the past month. Not only have prices advanced but basis levels have also strengthened. Dressed sales were reported at $525.00/cwt delivered, $5.00–15.00/cwt stronger than the previous week. Cattle that traded were scheduled for delivery in the second…
Fed prices continue to advance, setting new record highs. Last week, the Canfax average fed steer and heifer price closed around $307/cwt live, $5/cwt higher than previous week. Light trade was reported last week with dressed sales reported from $508.00–518.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. Cattle that traded…
Alberta fed prices averaged in the low $300s/cwt last week. The fed market has exceeded expectations as annual price highs in August are very uncommon as this only occurred once over the past fifty years. Western Canadian fed prices were 22 per cent higher than last year and 38 per cent higher than the three-year…
The summer fed market has been rather impressive as fed prices established new highs. Only once in the past 50 years have fed prices ever established annual highs in August, and that was in 2008. Last week, the Canfax average fed steer and heifer price closed around $301/cwt live, $1.50/cwt higher than the previous week….
Alberta fed prices continue to strengthen, which is uncommon for the summer months. Despite historically strong prices, Alberta fed prices were at a sizeable discount to both the U.S. and Ontario markets. Alberta fed prices were trading at around $35.00-$38.00/cwt discount against the Nebraska market, the weakest basis since 2005. Dressed sales were reported from…
Report for the week of August 04, 2025 The summer fed market has been rather impressive as fed prices established new highs. The Canfax average fed steer and heifer price closed around $300.50/cwt live, $2.50/cwt higher than previous week. Light trade was reported last week with dressed sales reported from $501.50-504.50/cwt FOB the feedlot. Buying…