Canfax

Alberta fed steer and heifer prices closed the week at $351 and $350/cwt respectively, steady to $2/cwt lower than the previous week. Dressed sales were reported from $580–$590/cwt delivered, steady with the previous week. Packers were looking for quick delivery cattle. Most of the sales this week were calves, though there were some late yearlings…

Alberta fed steers and heifers made new highs last week. Seasonally, fed prices are expected to make a summer peak in the coming weeks. Dressed sales were reported stronger than the previous week. Buying interest was noted from all Western Canadian packers. Cattle were scheduled for first half of June to mid-July delivery. U.S. interest…

Following nineteen consecutive weeks of higher fed prices, the market took a modest step backwards. The Canfax average fed steer and heifer price closed around $343/cwt live, $1/cwt lower than the previous week. From a supply perspective, there was a good mix of fed calves and yearlings marketed last week, and there was no price…

Alberta fed steer and heifer prices closed the week $6–$9/cwt higher than the previous week. Dressed sales were reported from $573–$580/cwt delivered, $8–$13/cwt stronger. Cattle that traded were scheduled for late-May to mid-June delivery. U.S. interests were noted, and light volumes were traded south. U.S. sales were comparable with local live deals. For the week…

Last week, the Canfax average fed steer and heifer price closed around $338/cwt live, $3/cwt higher than the previous week. Buying interest was noted from all Western Canadian packers but competition on the cash market was somewhat limited. Light trade was reported with dressed sales ranging from $560.00–$565.00/cwt FOB the feedlot. Cattle that traded would…

The fed cattle market has put together an impressive run, strengthening for the past seventeen weeks. The combination of new market access to China, tighter cattle supplies, and the seasonal spring rally have all been supportive. Beef production is slightly below last year, yet prices are 16 per cent higher than last year. Dressed sales…

Last week, the Canfax average fed steer and heifer price closed around $331/cwt live, up slightly from the previous week. Fed prices did establish new highs last week. Buying interest was noted from all Western Canadian packers. Light trade was reported with dressed sales ranging from $548.50–$553.75/cwt FOB the feedlot. Lift times were all over…