Western Canadian and U.S. prices have been moving in opposite directions as of late. Weighted average fed prices closed $1.00–$2.00/cwt lower in Western Canada last week. Very light dressed sales were reported from $505.00–$508.00/cwt delivered. Competition on the cash market was limited, with one major packer not bidding. Cattle that traded were scheduled for delivery…
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…
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…
Alberta fed prices last week closed the week with record high prices. Fed steers averaged in the mid $270s/cwt, $8/cwt stronger than the previous week. Historically from December to January fed steers rallied $5/cwt, but this year has been stronger than usual at $12/cwt. Dressed sales were reported at $460/cwt, $10-15/cwt stronger than last week….
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