Canfax

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…

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…

Last week, Canfax fed steer and heifer price closed around $174.75/cwt, $0.75/cwt higher than the previous week. Fed cattle prices are $25/cwt higher than last year. Last week dressed sales were reported from $291.50-292.50/cwt FOB the lot. Most of the cattle that traded last week were being scheduled for late August/early September delivery. Last week…

Last week, Canfax fed steer and heifer price closed around $174/cwt, down slightly from the previous week. For the second half of June this is the second highest price on record. Fed prices have been mostly steady over the past seven weeks, averaging in the mid $170s/cwt. Last week dressed sales were reported from $290-292/cwt…

Alberta direct cattle sales saw limited buying interest last week, but average steer prices did firm modestly higher. The majority of trade was reported steady to $1/cwt higher than the previous week at $292-293/cwt delivered dressed. Heifer prices were generally comparable with steers, but weekly sale volumes were too slight to fully establish a repeatable…

The Alberta fed cattle market tone was softer with lackluster trade interest reported during the four days prior to the July 1st holiday. Most trade was reported steady, with the lower end of the week prior at $292/cwt delivered. One packer was offering a +$2/cwt premium for 70% AAA grades. Weighted average steer price eased…