The 2024 summer grazing season has arrived, and with it a renewed optimism. Feeder prices are historically high, with weather playing a big role. Snow accumulation this past winter raised hopes of increasing sub-soil moisture levels for 2024. However, there have been multiple reportsof snow drought conditions, and dugouts that are only partially filled. DYK:…
Last week, Alberta fed market saw strong competition among packers, although U.S. packer interest remains light. Steers and heifers traded at $262/cwt and $260 respectively, $2/cwt higher than the previous week. Dressed sales were reported at $438 to $440/cwt delivered, steady to $6/cwt stronger than last week. All cattle that traded are scheduled for delivery…
In Alberta last week, weighted average fed steer and heifer prices closed the week around $259/cwt live, fully steady with the previous week. Fed cattle prices did establish new record highs last week. Competition on the cash market was good with all three Western Canadian packers buying cattle. Dressed sales were reported from $430.00-436.50/cwt FOB…
Last week, Alberta fed market traded actively. There was good competition among packers, despite lack of interest from U.S. packers. Both steers and heifers this week traded slightly stronger in the high $250s to 260/cwt after trading sideway for the past three weeks. Dressed sales were reported at $430-437/cwt, with most sales in $430-432/cwt. Cattle…
In Alberta last week, weighted average fed steer and heifer prices closed the week around $257/cwt live, fully steady with the previous week. Fed calves accounted for roughly 75 per cent of last week’s cash offering while the balance was yearlings. Competition on the Western Canadian market was good with all three Western Canadian packers…
In Alberta last week, fed steers and heifers both traded steady at the mid to high $250s/cwt. There was good competition among packers throughout the week. Dressed sales remain steady at $430-432/cwt delivered; with cattle traded being scheduled for pick up in one to two weeks. Alberta cash-to-futures basis is $9/cwt stronger than last week…
In Alberta last week, weighted average fed steer and heifer prices closed the week around $257/cwt live, $1.50/cwt higher than the previous week. Since the beginning of the year, fed cattle prices have rallied 15 per cent. Competition on the Western Canadian market was good with all three Western Canadian packers procuring cattle. Cattle that…
In Alberta last week, fed steers and heifers set new record highs at $256.40/cwt and $254.40/cwt respectively. Fed steer and heifer prices have rallied $32 – 38/cwt since the beginning of the year compared to a rally of $37 – 40/cwt for the same period last year. Dressed sales last week were $425-432/cwt delivered with…
In Alberta last week, weighted average fed steer and heifer prices closed the week around $249.25/cwt live, $6/cwt higher than the previous week. Fed cattle prices established new record highs. Competition on the Western Canadian market was good with packers actively making inquiries for cattle. Last week, a stronger price tone was noted from Wednesday…
In Alberta last week, weighted average fed steer and heifer prices closed the week around $237.50/cwt live, $4.25/cwt higher than the previous week. Fed cattle prices are at the highest point since July, and are currently $10/cwt shy of their record highs set back in June 2023. Last week, dressed sales were reported from $397.00-398.50/cwt…
Alberta fed price last week had light trade; steers were down $1/cwt and heifers up $4.75/cwt. Cash sales to the U.S. were in the upper $230’s/cwt FOD the feedlot, steady with last week and premium over local deals. The cash basis at -$25/cwt is the weakest since last February, and continues to encourage exports south….
In Alberta last week, weighted average fed steer and heifer price closed the week on either side of $230/cwt live, steer prices were stronger than the previous week, while heifer prices were lower. Last week, dressed sales were reported from $378.50-388.50/cwt FOD the feedlot. Lift times were all over the map, depending on which packer…