Canfax

Alberta fed steers climbed over $4/cwt last week and closed at $350.70/cwt dressed in a wide $349-355.50/cwt range FOB the lot. Sale volumes were light with only 3,833 head trading. Repeatability on heifer trade was not fully established. Lift times are one to two weeks out, though some feedlots are opting for May delivery. YTD…

The Canfax fed steer and heifer price closed the week at around $207/cwt, $3.75/cwt higher than the previous week. Fed prices have traded higher for thirteen consecutive weeks, establishing new record highs. Last week, dressed sales were reported from $345.75-346.50/cwt FOB the lot. Competition on the cash market was limited, with one packer buying most…

The Canfax fed steer and heifer price closed the week at around $201/cwt, $3.50/cwt higher than the previous week. Last week dressed sales reported from $335-336.50/cwt FOB lot. Dressed fed cattle prices are within $4/cwt of their all-time highs set back in May 2015. Competition on the cash market was limited with one packer buying…

The Canfax fed steer and heifer price closed the week at around $197.50/cwt, $1.50/cwt higher than the previous week. Fed cattle prices have strengthened for 10 consecutive weeks. Last week dressed sales reported from $330.50-333.50/cwt FOB lot. On most sales, cattle were purchased flat with no heavy-weight carcass discounts. Most of the cattle that traded…

Moderate volume fed trade last week saw dressed prices steady to $3/cwt higher than the previous week. The bulk of sales were reported dressed at $328/cwt delivered in a full $327-328/cwt delivered trade range. U.S. buyers once again procured Canadian cattle on the five-area average. Cash sales also developed at USD $250/cwt delivered and worked…

The CME live cattle futures market climbed steadily in the last half of 2022. Combined with theweakening Canadian dollar, Alberta fed cattle prices re-visited late 2014 levels, right before the 2015price surge. Alberta fed steers averaged $184/cwt live in December, 15 per cent higher than January. On average, fed steer prices rose 1.3 per cent…

The Canfax fed steer and heifer price closed the week at around $193.50/cwt, $2.50/cwt higher than the previous week. Fed cattle prices have strengthened for nine straight weeks, gaining $12/cwt. Fed prices are within $9/cwt of their all-time highs set back in May 2015. Last week, dressed sales were reported from $323.50-325.50/cwt FOB the lot….

Alberta direct cattle sales saw light volume trade last week, with weighted average steer prices firming almost $2/cwt higher than the previous week. The bulk of sales were reported dressed from $320-321/cwt delivered. Feedlots continued to manage contract inventories and were generally not motivated cash traders. Heifer prices were comparable with steers, but sales were…

The Canfax fed steer price closed the week at around $189.75/cwt, fully steady with the previous week. Last week, dressed sales were reported from $315-318.50/cwt FOB the lot. Cattle were being scheduled anywhere from mid-February to early March delivery. All reported cash sales traded locally, and U.S. packer interest was quiet. On a cash-to-cash basis,…