Canfax

Good demand was observed on last week’s large cash offering and prices trended fully steady with the previous week. Most sales were reported in a tight $284-286/cwt delivered trade range. Weighted average steers were the strongest weekly average reported since June 2017. Most cattle priced last week were scheduled for the first week of June…

Last week, Canfax fed steer and heifer prices closed around $169.25/cwt, $2/cwt higher than the previous week. Fed prices are $11/cwt higher than last year and $15/cwt higher than the five-year average. Competition on the cash market was mixed, with one packer buying most of the cattle. Dressed sales were reported from $280.50-282.50/cwt FOB the…

Last week the Canfax fed steer and heifer price closed around $164.50/cwt, $1.50/cwt higher than the previous week. New annual price highs were established last week. Dressed sales were reported from $274.00-275.50/cwt FOB lot. Cattle that traded last week were being scheduled for late May/early June delivery. Alberta fed cash to futures basis weakened going…

Light to moderate volume trade was reported steady with the previous week at $275/cwt delivered and thin comparable live trade developed at $161.50/cwt. Kill dates were spread across the first three weeks of May. Western Canadian fed slaughter for the week ending April 2 surged 11% larger than the previous week to 47,194 head, and…

Last week the Canfax fed steer and heifer price closed around $162.50/cwt, steady with bids and sales during the previous week. Alberta fed prices have averaged in the low $160’s/cwt for the past seven weeks. Dressed sales were reported from $272.00-273.50/cwt FOB lot. Cattle that traded last week were being scheduled for the week of…

Last week the Canfax fed steer and heifer price closed around $162/cwt, $0.50/cwt lower than the previous week. Competition on the cash market was limited, and with the potential strike at Canadian Pacific Railways one packer was not bidding on cattle last week. Dressed sales were reported from $269.00-273.50/cwt FOB lot. Cattle that traded last…

Alberta fed prices firmed $1/cwt higher last week with the bulk of sales reported at the top end of the previous week from $274-275/cwt delivered. Thin live steer trade was reported at $162.50/cwt. Heifer sale volumes were slight, but prices were fully comparable with steers. The majority of cattle traded were scheduled for harvest the…

Last week the Canfax fed steer and heifer price closed around $161.75/cwt, $1.75/cwt higher than the previous week. Fed cattle prices have strengthened for three weeks in a row, gaining $5/cwt. Last week dressed sales were reported from $269.00-273.50/cwt FOB lot. Cattle that traded last week were being scheduled for the week of March 28th…

Last week the Canfax fed steer and heifer price closed around $160/cwt, $1.50/cwt higher than the previous week. Last week dressed sales were reported from $267.50-273.50/cwt FOB lot. Cattle that traded last week were being scheduled for the week of March 14 and 21 delivery. The Canfax average feeder steer price closed the week $2/cwt higher…

The western Canadian fed market has been disappointing on many levels. Weekly dressed sales were reported from $260-275/cwt delivered. Cattle were being scheduled for the week of March 14th delivery. On some sales, a $2/cwt dressed premium would be added to the negotiated sale price if the cattle graded over 70% AAA. Western Canadian steer…