cattle market update

Fed steers and heifers in Alberta closed last week $3-4 higher than the previous week, averaging $256/cwt. Dressed sales were from $418-420/cwt delivered, around $2/cwt higher than the previous week. Live sales were $262-265/cwt FOB the feedlot. U.S. packer interest was noted, and trade to the U.S. was at a premium to local deals. Heading…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $252/cwt live, $4.75/cwt higher than the previous week. Since the end of October, fed prices have rallied $14/cwt. Light trade was reported last week with dressed sales reported from $415.00-416.00/cwt FOB the feedlot. U.S. packer interest was supportive and light…

Alberta fed prices has finally broken to the upside after being stuck in a five-dollar trading range from $240-245/cwt, hitting the highest point since mid-August. Dressed sales were reported from $405-408/cwt delivered. Cattle traded were scheduled for first half of December delivery. U.S. packer interest was noted, with light volumes marketed South priced off the…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $244.50/cwt live, $3.50/cwt higher than the previous week. Light trade was reported last week with dressed sales reported from $402.00-403.50/cwt FOB feedlot. U.S. packer interest was noted, and light volumes of Western Canadian fed cattle were marketed South. Sales to…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $239.50/cwt live, $0.50/cwt lower than the previous week. Light trade was reported last week with dressed sales reported from $400.50-404.50/cwt FOB feedlot. Cattle that traded were scheduled for delivery anywhere from mid-November to mid-December delivery. U.S. packer interest was noted…

Alberta fed prices continue to hover around $240/cwt, while U.S. fed prices are within a couple dollars of their record highs set back in June. In Western Canada, feedlot margins have recently turn negative and breakeven are projected to be higher going forward. Dressed sales is reported at $403-408/cwt delivered. All three Western Canadian packers…

Packers have the leverage over the cattle feeder reflected in lower prices and weaker basis levels. In Alberta last week, weighted average fed steer and heifer prices closed the week around $240/cwt live, $0.50/cwt lower than the previous week. Fed cattle prices did establish new second half lows. Light trade was reported this week with…

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…

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…