Canfax

This article was first published in Volume 4 Issue 3 of ABP Magazine (September 2024). Watch for more digital content from the magazine on ABP Daily. Forward delivery feeder sales provide an indication of where prices may be heading this fall. It is also an opportunity to manage risk. Buyers who expect the market to turn higher during the…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $241/cwt live, $0.50/cwt higher than the previous week. From their highs in June, fed prices have declined $23/cwt or 9%. Last week, dressed sales were reported from $402.00-403.50/cwt FOB feedlot. Cattle that traded were being booked anywhere from the second…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $243/cwt live, $1/cwt higher than the previous week. US fed prices have just recently dropped below year ago levels whereas Alberta fed prices are still $10/cwt higher than a year ago. Light trade was reported last week with buying interest…

In Alberta last week, fed prices averaged in the low $240/cwt moving lower for the eighth consecutive week, this is still $8-9/cwt higher than a year ago. Light dressed sales were reported from $405-$406/cwt delivered. Cattle that traded is being scheduled for delivery from anywhere early October to early November. Alberta fed cash-to-futures basis was…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $243.50/cwt live, $1.50/cwt lower than the previous week. Over the past month, fed prices have declined $10/cwt. Light trade was reported last week with buying interest noted from all three Western Canadian packers. Dressed sales were reported from $403.25-409.00/cwt FOB…

Alberta fed steer prices closed the week near $245.90/cwt, $2/cwt lower than the previous week. Market-ready supplies are seasonally increasing, shifting leverage to the processing sector. Dressed sales ranged from $405-412/cwt FOB the feedlot. Delivery times were reported from late September to the middle of October. All three packers procured cattle last week, though numbers…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $247/cwt live, $5/cwt lower than the previous week. Prices are at the lowest point since early April. Active trade was reported last week with buying interest was noted from all three Western Canadian packers. Dressed sales were reported from $412.00-416.50/cwt…

In Alberta last week, fed prices remained over $250/cwt for the nineteenth consecutive week. When compared their June high, fed prices have declined 4 per cent; whereas last year fed prices dropped 6.5 per cent from their June highs to summer lows. Light dressed sales were reported from $312-$320/cwt delivered. Cattle that were traded being…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $255/cwt live, $1.50/cwt lower than the previous week. From their highs in June, prices have declined $10/cwt. Despite lower prices fed cattle prices continue to be historically strong. Last week, buying interest was noted from all three Western Canadian packers…