canfax cattle market update

Alberta fed steer and heifer trade was $2.00-3.00/cwt higher this week with a weighted average price at $332/cwt and $329/cwt respectively. Dressed sales were reported from $550.00-555.00/cwt delivered, $3.00-4.00/cwt higher than the previous week. Buying interest was noted from all Western Canadian packers. Most of the cattle traded were scheduled for the first half of…

Alberta weighted fed steers and heifers closed the week at $321.00 and $319.00/cwt respectively, $1.00/cwt stronger than the previous week. This is the smallest week-over-week rally since January. Dressed sales were reported from $535.00–539.00/cwt delivered, $4.00–5.00/cwt stronger. Cattle that traded were scheduled from immediate to early April delivery. This is the second consecutive week that…

Alberta weighted average fed steers and heifers averaged on either side of $306.00/cwt, the highest point since early October. Dressed sales ranged from $515.00–517.00/cwt delivered. Cattle that traded were scheduled anywhere from immediate to the first half of March delivery. Buying interest was noted from all Western Canadian packers, and U.S. buying interest was also…

Alberta fed cattle prices have been on an upward swing since mid-December. Weighted average prices were around $3.00/cwt stronger than mid-December, when prices were last published. Dressed sales were ranging from $497.00–500.50/cwt FOB the feedlot, with immediate to first half of February delivery. Buying interest was noted from all Western Canadian packers. Since the first…

Alberta fed steers and heifers averaged $295.00/cwt and $293.00/cwt respectively, $3.00–4.00/cwt higher than the previous week. Despite fed prices strengthening over the past couple of weeks, the market has been disappointing relative to seasonal expectations. Dressed sales were reported from $493.00–$495.00/cwt delivered. Cattle that traded were scheduled for delivery through the month of January. Over…