Canfax

The Canfax fed steer and heifer price closed the week around $232.75/cwt, $0.50/cwt higher than the previous week. Fed cattle prices are $52/cwt higher than last year. Competition on the cash market was decent, with all three Western Canadian packers buying cattle. Last week, dressed sales were reported from $387.75‑389.50/cwt FOB the lot. Cattle that…

Alberta fed steer prices climbed week over week for almost the entire first half of 2023, with only two of 26 weeks where prices slipped from the previous week. New all-time high prices near $248/cwt (live) were established in June. However, since the beginning of July and through the entire month of August, fed steer…

The Canfax fed steer price closed the week at around $231.75/cwt, $0.50/cwt lower than the previous week. Alberta fed prices have averaged in the low $230s/cwt for the past six weeks. Competition on the cash market was decent with all three Western Canadian packers buying cattle. Last week, dressed sales were reported from $387‑388.50/cwt FOB…

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…

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…

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…

The Alberta dressed fed trade range was comparable with the previous week from $388-393/cwt delivered. More cattle were procured at $388/cwt delivered, and the weighted average price was pressured almost $2/cwt lower. Weighted average steer prices have now slipped lower for eight straight weeks and are the lowest seen since May 12. YTD Western fed…