cattle market reports

Last week, the Canfax average fed steer and heifer price closed around $290/cwt live, $6/cwt higher than the previous week. Light trade was reported with dressed sales from $482.75–487.00/cwt FOB the feedlot. Competition on the cash market was limited with one packer not overly active. Cattle that traded were scheduled for late December and into…

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 fed prices are holding near record highs. Traditionally, this time of the year fed prices are putting in annual lows. Since the beginning of July, fed prices have rallied 7 per cent. Looking at the past fifteen years, this puts it as the second-largest third-quarter price rally, with only 2011 being larger when prices…

The summer fed market has been rather impressive as fed prices established new highs. Only once in the past 50 years have fed prices ever established annual highs in August, and that was in 2008. Last week, the Canfax average fed steer and heifer price closed around $301/cwt live, $1.50/cwt higher than the previous week….

Alberta fed prices continue to strengthen, which is uncommon for the summer months. Despite historically strong prices, Alberta fed prices were at a sizeable discount to both the U.S. and Ontario markets. Alberta fed prices were trading at around $35.00-$38.00/cwt discount against the Nebraska market, the weakest basis since 2005. Dressed sales were reported from…

Alberta fed prices averaged in the high 290s/cwt, despite season pressure, prices have increased over the past couple weeks. Dressed bids and sales were reported from $495.00-$503.00/cwt delivered (mostly $500.00/cwt delivered). Competition on the cash market was mixed, and U.S. interest was quiet. Cattle that traded were scheduled for delivery from mid-August to early September….

The Canfax average fed steer and heifer price closed around $297.50/cwt live, $1.50/cwt higher than previous week. Fed prices are around $40/cwt higher than last year. Light trade was reported last week with dressed sales reported from $493.50498.50/cwt FOB the feedlot. Competition on the cash market was mixed last week. Cattle that traded were scheduled…

Alberta fed prices averaged in the mid $290s/cwt, despite the slight pullback, fed prices are within $5.00/cwt of their highs set back in June. Dressed sales were reported from $495-$500/cwt delivered. Buying interest was noted from all Western Canadian packers. Cattle that traded were scheduled for delivery throughout August. Over the past couple of weeks,…

The Canfax average fed steer and heifer price closed around $296.75/cwt live, $1/cwt lower than previous week. Fed prices have declined for three consecutive weeks. Light trade was reported last week with dressed sales reported from $494.50-498.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. Cattle that traded were being scheduled…