The bulk of Alberta cash sales were reported dressed at $390/cwt delivered. Light live trade was steady to stronger than rail sales from $232.00-233.25/cwt. This week’s cash basis strengthened modestly from last week, but continues to be seasonally weak at around $16/cwt. This did encourage U.S. buying interest but few, if any, cattle traded South….
Read MoreThe Canfax fed steer price closed the week at around $232/cwt, $0.50/cwt higher than the previous week. Last week, dressed sales were reported from $386.75‑387.50/cwt FOB the lot. Cattle that traded were being booked for the first half of October delivery. Alberta fed cash‑to‑futures basis levels weakened going from -$10.48/cwt to -$17.84/cwt. For the beginning…
Read MoreWelcome to another edition of The Bovine! On this episode, you’ll hear from Brenna Grant, executive director of Canfax Research Services, on the recommendations for young producers as informed by the Canadian Cow-Calf Cost of Production Network. Recorded at the 2023 Canadian Beef Industry Conference in Calgary, Brenna shares her three favourite recommendations from this…
Read MoreLight dressed trade saw prices steady to $2/cwt lower than thin trade seen the previous week from $388-390/cwt delivered. Light live trade was comparable from $230-231.25/cwt. Weighted average steer prices trended steady, with scant trade seen previously closing the week at $231.76/cwt. Scattered light heifer trade was not repeatable, and a weekly price trend was…
Read MoreAny new business can benefit from the guidance of those more experienced, and starting a beef operation is no different. In order to share the wisdom of seasoned producers with the next generation, Canfax Research Services asked 180 participants of the Canadian Cow-Calf Cost of Production (COP) Network for their advice on starting a cow-calf…
Read MoreSale volumes were too light to establish a weighted average Alberta fed price, but the market tone was steady to weaker. From their highs in June, fed prices have dropped 6%. Competition on the cash market was limited, as packers seem to have a lot of cattle around them. Last week, dressed sales/bids ranged from…
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