cattle report

This article was first published in Volume 4 Issue 3 of ABP Magazine (September 2024). Watch for more digital content from the magazine on ABP Daily. Forward delivery feeder sales provide an indication of where prices may be heading this fall. It is also an opportunity to manage risk. Buyers who expect the market to turn higher during the…

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…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $257/cwt live, $1.50/cwt higher than the previous week. Since the beginning of the year, fed cattle prices have rallied 15 per cent. Competition on the Western Canadian market was good with all three Western Canadian packers procuring cattle. Cattle that…