The dry weather this summer certainly impacted many producers’ marketing and winter feeding plans, but there was also some welcome moisture relief earlier this fall that took pressure off cow culling and allowed for a bit more orderly fall run of calves. That said fall offerings are larger, as less producers are backgrounding their calves…
Read MoreLast week the Canfax fed steer and heifer prices closed around $155.50/cwt, the market tone was steady with the previous week. Fed cattle prices have trended sideways for the past few months. Since the start of July fed cattle prices have ranged from $150-158/cwt. Last week dressed sales were reported from $258.50-261.50/cwt FOB lot. Most…
Read MoreAlberta fed bids started off at $257/cwt delivered and by Wednesday afternoon/Thursday, bids/sales were reported in the $261-262/cwt area delivered to the plant. Dressed bids/sales were anywhere from steady to $5/cwt higher than the previous week. Sale volumes were too light to establish a weighted average price trend last week. For the month of October…
Read MoreCanfax fed steer and heifer prices last week were around $153/cwt, $2.50/cwt lower than the previous week. This is the lowest fed prices have been in nine weeks. Dressed sales were reported from $254-256/cwt FOB lot. Cattle that traded last week were being booked for the second half of November delivery. On a cash-to-cash basis,…
Read MoreThe fed price tone softened as the week progressed and dressed sales were reported from $260-265/cwt delivered last week. A few producers opted out and carried cattle over into this week. Cattle that traded were scheduled for the end of November delivery. Alberta fed cash to futures basis against the nearby October live cattle contract…
Read MoreCanfax fed steer and heifer prices closed last week around $156.50/cwt, fully steady with the previous week. Fed cattle prices are $21/cwt higher than last year. Last week dressed sales were reported from $260.50-263.50 FOB lot. Cattle that traded last week were being booked for the middle of November delivery. For the week ending October…
Read MoreThe dominant topic in the cattle markets through the summer has been the weather. The drought, and resulting lack of grass, water, feed and record high feed costs have many on edge as they look at marketing strategies for their calves, and possibly even some breeding stock. The wide spread drought across the prairies resulted…
Read MoreOver the past three weeks fed cattle prices have rallied $4/cwt moving back over $154/cwt. Light trade developed last week with the bulk of sales reported at $260/cwt delivered, and cattle were being scheduled for the second half of September delivery. For the week ending August 21st Western Canadian fed slaughter totaled just over 49,000…
Read MoreLast week’s dressed sales ranged from $253-254/cwt delivered. Cattle were being scheduled for the first half of September delivery. For the week ending August 7, Western Canadian cattle grading B4 totaled 735 head, the second largest volume seen all year. Warmer temperatures and possibly more overnight delivery cattle could be causing an increase in dark…
Read MoreCanfax fed steer and heifer prices closed the week around $150/cwt, mostly steady with the previous week. After dropping $14/cwt since June the fed market has found some stability averaging in the low $150s/cwt for the past three weeks. Last week dressed sales were reported from $248.50-251.50/cwt FOB the lot. Most of the cattle that…
Read MoreAlberta direct cattle sales saw light to moderate cash trade last week with weighted average steer prices easing $1.73/cwt lower than the previous week. Dressed prices were steady to $5/cwt lower than the previous week from $252-253/cwt delivered. Light live trade was reported comparable with rail sales. Recent western Canadian fed slaughter totaled 52,919 head…
Read MoreCanfax fed cattle prices closed last week around $155/cwt, $2.50/cwt higher than the previous week, the highest prices since late March 2020. Most of the cattle that were marketed were yearlings, but a few fed calves were in the mix. Last week dressed sales were reported from $257.00-260.50/cwt FOB the lot. Alberta fed cash to…
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