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…