market reports

Seasonally, after the Easter holiday warmer weather is usually price supportive for the beef complex. Packer margins have improved in recent weeks with a stronger cutout and utilization. Alberta direct cattle saw light trade with dressed sales reported at $545.00/cwt delivered, $5.00/cwt stronger than the previous week. Buying interest was noted from all Western Canadian…

Last week, the Canfax average fed steer and heifer price closed around $321/cwt live, steady with the previous week. Buying interest was noted from all Western Canadian packers while U.S. inquiries were limited. Light trade was reported with dressed sales ranging from $535.50-539.00/cwt FOB the feedlot. In some instances, cattle were bought flat with no…

Last week, the Canfax average fed steer and heifer price closed on either side of $320/cwt live, holding at record high levels. Buying interest was noted from all Western Canadian packers but competition on the cash market was limited. Light trade was reported with dressed sales ranging from $523.50–536.50/cwt FOB the feedlot. In some instances,…

Alberta weighted fed steers and heifers closed the week at $321.00 and $319.00/cwt respectively, $1.00/cwt stronger than the previous week. This is the smallest week-over-week rally since January. Dressed sales were reported from $535.00–539.00/cwt delivered, $4.00–5.00/cwt stronger. Cattle that traded were scheduled from immediate to early April delivery. This is the second consecutive week that…

Fed prices continue to advance, setting new record highs. Last week, the Canfax average fed steer and heifer price closed around $307/cwt live, $5/cwt higher than previous week. Light trade was reported last week with dressed sales reported from $508.00–518.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. Cattle that traded…