Canfax

Cattle on feed numbers have started to tighten with smaller placements in June and July, resulting in the August 1st inventories being below year ago levels for the first time in over a year. While they remain above the five-year average, fed cattle marketings are expected to tighten throughout the second half of the year…

The Canfax fed steer and heifer price closed around $179.50/cwt, $1.75/cwt lower than the previous week. Last week, dressed sales were reported from $298.50-303.50/cwt FOB the lot. All three western Canadian packer bought cattle last week. Most of the cattle that traded were being scheduled for the first half of November delivery. The Alberta fed…

Traditionally this is the time of the year the fed market is putting in its summer low, instead the Western Canadian fed market continues to grind higher setting new annual price highs. Weekly dressed sales were reported from $302-304/cwt delivered, cattle that traded last week were being scheduled for the week of October 17th delivery….

The Canfax fed steer and heifer price closed around $179.50/cwt, fully steady with the previous week. Last week, dressed sales were reported from $299.50-301.50/cwt FOB the lot. Lift times were all over the map depending on who bought the cattle. Cattle that traded last week were being scheduled for late September/mid-October delivery. The Alberta fed…

Overwhelmed with the buy/sell/hold decision for feed? Wondering what you can do to support your bottom line when you sell animals at the same time every year? Market analysts suggest honing in on the factors you can control, and identifying options to mitigate against risk. COVID-19, drought, and international turmoil took centre stage in market…

Western Canadian fed markets continue to grind higher, setting new annual highs. Prices have been higher in eight out of the past nine weeks, gaining $6/cwt over that time frame. Dressed sales were reported from $302-304/cwt delivered, cattle that traded were being scheduled for late September/early October delivery. Western Canadian B4 grade cattle (dark cutters)…

The Canfax fed steer and heifer price closed around $179/cwt $0.50/cwt higher than the previous week. Last week, dressed sales were reported from $298.50-300.50/cwt FOB the lot.  Lift times were all over the map depending on who bought the cattle. Two packers were buying for September delivery while the other packer was buying cattle for…

Western Canadian fed prices continue to edge higher, setting new annual price highs. Even though sale volumes were light, competition on the cash market was decent with all three Western Canadian packers bidding on cattle. Most dressed sales were reported at $300/cwt delivered and were scheduled for mid-September delivery. Recent slaughter volumes have been somewhat…

Establishing new annual highs, the Canfax fed steer and heifer price closed around $176.75/cwt. Last week, dressed sales were reported from $294.50-296.50/cwt FOB the lot. Most of the cattle that traded were being scheduled for early September delivery. Competition on the cash market was decent with all three Western Canadian packers buying cattle. Premiums were…

Competition on the Western Canadian cash market was decent, and a stronger price tone was noted as the week progressed. Weekly dressed sales were reported from $295-297/cwt delivered. Delivery dates seem to be tightening up a little bit, cattle that traded were being scheduled for late August/early September delivery. Alberta fed prices traded at an…