Last week, Canfax fed steer and heifer price closed around $172/cwt, $1/cwt lower than the previous week. This is the first time in nine weeks that fed prices have been lower. Alberta fed prices are trading at a discount to both the Ontario and US markets. Last week, dressed sales were reported from $286.50-288.50/cwt FOB…
The majority of trade last week was reported dressed from $288-293/cwt delivered and comparable live trade was reported at $172.50/cwt. Steer prices firming over $1/cwt higher to average $173.42/cwt. Western Canadian fed slaughter for the week ending May 14th was 7% larger than the previous week, totaling 45,376 head. YTD Western fed slaughter volume was…
Last week, Canfax fed steer and heifer price closed around $171.75/cwt, $2/cwt higher than the previous week. The last time fed prices averaged over $170/cwt was back in June 2017. Last week dressed sales were reported from $285.00-288.50/cwt FOB the lot. Cattle that traded last week were being scheduled for the first half of June…
Ample fed supplies have continued to move through the system with strong slaughter levels in the first quarter. Strong domestic and international demand has kept fed prices above last year’s levels and the five-year average. Although cash fed prices have not been high enough for feedlots to be profitable, fed prices are in-line with 2017…
Good demand was observed on last week’s large cash offering and prices trended fully steady with the previous week. Most sales were reported in a tight $284-286/cwt delivered trade range. Weighted average steers were the strongest weekly average reported since June 2017. Most cattle priced last week were scheduled for the first week of June…
Last week, Canfax fed steer and heifer prices closed around $169.25/cwt, $2/cwt higher than the previous week. Fed prices are $11/cwt higher than last year and $15/cwt higher than the five-year average. Competition on the cash market was mixed, with one packer buying most of the cattle. Dressed sales were reported from $280.50-282.50/cwt FOB the…
A large mix of fed calves and yearlings were on offer last week and weighted average steer priced rallied over $2/cwt higher than the previous week. The bulk of weekly trade was reported $3-5/cwt higher than the previous week dressed in a tight $280-282/cwt delivered trade range. Light live trade was reported at $164.50/cwt. Kill…
Last week the Canfax fed steer and heifer price closed around $164.50/cwt, $1.50/cwt higher than the previous week. New annual price highs were established last week. Dressed sales were reported from $274.00-275.50/cwt FOB lot. Cattle that traded last week were being scheduled for late May/early June delivery. Alberta fed cash to futures basis weakened going…
Light to moderate volume trade was reported steady with the previous week at $275/cwt delivered and thin comparable live trade developed at $161.50/cwt. Kill dates were spread across the first three weeks of May. Western Canadian fed slaughter for the week ending April 2 surged 11% larger than the previous week to 47,194 head, and…
Last week the Canfax fed steer and heifer price closed around $162.50/cwt, steady with bids and sales during the previous week. Alberta fed prices have averaged in the low $160’s/cwt for the past seven weeks. Dressed sales were reported from $272.00-273.50/cwt FOB lot. Cattle that traded last week were being scheduled for the week of…
Last week the Canfax fed steer and heifer price closed around $162/cwt, $0.50/cwt lower than the previous week. Competition on the cash market was limited, and with the potential strike at Canadian Pacific Railways one packer was not bidding on cattle last week. Dressed sales were reported from $269.00-273.50/cwt FOB lot. Cattle that traded last…
Alberta fed prices firmed $1/cwt higher last week with the bulk of sales reported at the top end of the previous week from $274-275/cwt delivered. Thin live steer trade was reported at $162.50/cwt. Heifer sale volumes were slight, but prices were fully comparable with steers. The majority of cattle traded were scheduled for harvest the…