cattle market update

In Alberta last week, weighted average fed steer and heifer prices closed the week around $256.50/cwt live, $1.75/cwt higher than the previous week. Last week, buying interest was noted from all three Western Canadian packers and dressed sales were reported from $425.00-426.50/cwt FOB the feedlot. Most of the cattle that traded were scheduled for the…

Alberta fed cattle traded softer for the third consecutive week. Dressed sales were reported at the lower end of last week’s trading range. Cattle are scheduled for pick up in three weeks. For the week ending June 15th, Canadian fed cattle exports to the U.S. were 7,638 head, were up 7 per cent from last…