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US Trade- Steers
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Canadian Dollar
$73.78
0.34
0.34
November 28, 2022
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of November 28, 2022
The Canfax fed steer and heifer price closed the week around $182.25/cwt, a couple dollars higher than the previous week. Last week, dressed sales were reported from $302.00-302.50/cwt FOB the lot. Cattle were being scheduled for the first half of January delivery. Light volumes of Alberta-fed cattle traded to the U.S. Depending on freight and…
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November 21, 2022
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of November 21, 2022
The seasonal shift of leverage from the packer to the cattle feeder has not materialized, as packers continue to have the upper hand on the market. Packers were also limiting the amount of cattle they were buying from each producer. Dressed sales ranged from $304-305/cwt, $1-4/cwt higher than the previous week. Cattle were being booked…
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November 7, 2022
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of November 7, 2022
Alberta fed prices have been disappointing relative to the U.S. market and a historically weak fed basis. Last week’s cash market did however establish new annual price highs. Dressed sales were reported at $304/cwt delivered, with cattle being scheduled for mid-December delivery. U.S. packer interest was quiet with no reported trade going south. For the…
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October 31, 2022
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of October 31, 2022
The Canfax fed steer and heifer price closed the week at $181/cwt, $1/cwt higher than the previous week. Last week, dressed sales were reported from $300.00-300.50/cwt FOB the lot. Pick up dates were all over the map depending on which packer bought the cattle. Cattle were being scheduled anywhere from late November to mid-December delivery….
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October 19, 2022
Current Markets & Forecasts
Supplies start to tighten heading into the second half of 2022
Cattle on feed numbers have started to tighten with smaller placements in June and July, resulting in the August 1st inventories being below year ago levels for the first time in over a year. While they remain above the five-year average, fed cattle marketings are expected to tighten throughout the second half of the year…
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October 3, 2022
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of October 3, 2022
The Canfax fed steer and heifer price closed around $179.50/cwt, $1.75/cwt lower than the previous week. Last week, dressed sales were reported from $298.50-303.50/cwt FOB the lot. All three western Canadian packer bought cattle last week. Most of the cattle that traded were being scheduled for the first half of November delivery. The Alberta fed…
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Cattle Report
Updated: 29/11/2022
Steers
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Heifers
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Choice Steers
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Choice Heifers
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Boner Cows
Over 500 lbs: US$ 145.50
Canadian Dollar
$73.78 0.34
Livestock Price Insurance Index
| Expiry | Fed | Feeder | Calf |
|---|---|---|---|
| 20-Feb | 192 | 226 | - |
| 20-Mar | 194 | 228 | - |
| 17-Apr | 200 | 230 | - |
| 15-May | 202 | 238 | - |
| 12-Jun | 206 | 248 | - |
| 10-Jul | 202 | - | - |
| 7-Aug | 202 | 246 | - |
Last Updated on November 24, 2022
