cattle market reports

After trending higher over the past five months, fed prices seem to have leveled off. Western Canadian fed prices continued to trade on either side of $350/cwt, hovering near record highs. From a seasonal perspective, leverage continued to favour the cattle feeder. On the flip side, packers continued to manage seasonally tighter numbers by scaling…

Following nineteen consecutive weeks of higher fed prices, the market took a modest step backwards. The Canfax average fed steer and heifer price closed around $343/cwt live, $1/cwt lower than the previous week. From a supply perspective, there was a good mix of fed calves and yearlings marketed last week, and there was no price…

Last week, the Canfax average fed steer and heifer price closed around $338/cwt live, $3/cwt higher than the previous week. Buying interest was noted from all Western Canadian packers but competition on the cash market was somewhat limited. Light trade was reported with dressed sales ranging from $560.00–$565.00/cwt FOB the feedlot. Cattle that traded would…

Last week, the Canfax average fed steer and heifer price closed around $304/cwt live, $2/cwt higher than the previous week. Over the past two months, fed prices have rallied $20/cwt. Light trade was reported with dressed sales ranging from $505.25–506.50/cwt FOB the feedlot. Cattle that traded were being scheduled anywhere from immediate to late February…

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…

Last week, the Canfax average fed steer and heifer price closed around $302.50/cwt live, $2.50/cwt lower than the previous week. Fed prices have declined for four consecutive weeks, dropping $13/cwt. Light trade was reported last week, with dressed sales from $504.50–506.50/cwt FOB the feedlot. Competition on the cash market was mixed; one major Western Canadian…