cattle market report

Western Canadian and U.S. prices have been moving in opposite directions as of late. Weighted average fed prices closed $1.00–$2.00/cwt lower in Western Canada last week. Very light dressed sales were reported from $505.00–$508.00/cwt delivered. Competition on the cash market was limited, with one major packer not bidding. Cattle that traded were scheduled for delivery…

Alberta dressed sales last week were reported from $405-408/cwt delivered, cattle that traded were being booked anywhere from the second half of October to mid-November delivery. On a live basis, steers and heifers traded within $1/cwt of steady money. The weekly weighted average for Alberta steers was $242/cwt with heifers at $240/cwt, packer competition was…

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…