Live: ---
Rail: 390.00 del
AB Direct - Steers
AB Direct - Heifers
Live: ---
Rail: 390.00 del
Rail: 390.00 del
US Trade- Steers
Live: 184.00-186.00 (NE, IA)
Rail: 293.00 (NE, IA)
Rail: 293.00 (NE, IA)
US Trade - Heifers
Live: 184.00-186.00 (NE, IA)
Rail: 293.00 (NE, IA)
Rail: 293.00 (NE, IA)
Canadian Dollar
$74.16
0.34
0.34
September 18, 2023
Checking in with ABP
Canfax Weekly Article | Report for the week of September 18, 2023
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….
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September 11, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of September 11, 2023
The 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…
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September 7, 2023
Business Tools
The Bovine: Brenna Grant’s favourite cost-of-production tips for new producers
Welcome 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…
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September 5, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of September 4, 2023
Light 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…
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August 31, 2023
Business Tools
Three cost-of-production recommendations for young beef producers
Any 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…
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August 28, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of August 28, 2023
Sale 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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Cattle Report
Updated: 21/09/2023
Steers
Live: ---
Rail: 390.00 del
Heifers
Live: ---
Rail: 390.00 del
Choice Steers
Live: 184.00-186.00 (NE, IA)
Rail: 293.00 (NE, IA)
Choice Heifers
Live: 184.00-186.00 (NE, IA)
Rail: 293.00 (NE, IA)
Boner Cows
Over 500 lbs: US $214.16
Canadian Dollar
$74.16 0.34
Livestock Price Insurance Index
| Expiry | Fed | Feeder | Calf |
|---|---|---|---|
| 18-Dec-23 | 232 | 322 | - |
| 15-Jan-24 | 236 | 322 | - |
| 12-Feb-24 | 238 | 332 | - |
| 11-Mar-24 | 238 | 332 | - |
| 8-Apr-24 | 244 | 338 | - |
| 6-May-24 | 248 | 340 | - |
| 3-Jun-24 | 252 | 348 | - |
Last Updated on September 21, 2023
