market reports

In Alberta last week, weighted average fed steer and heifer prices closed the week around $266/cwt live, $2/cwt lower than the previous week. With historically strong fed prices, some cattle are being pulled forward and sold ahead of schedule. Inventory wise feedlots are very current as Western Canadian carcass weights are 50 lb below last…

Alberta fed prices continue to rally closing the week in the $270’s/cwt. Establishing new record highs. Dressed sales were reported from $437.00-$442.00/cwt, $2.00-$4.00/cwt stronger than the previous week. There was good competition with all three Western Canadian packers participating. Cattle that traded were scheduled anywhere from immediate to mid-February delivery. U.S. interest was noted with…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $252/cwt live, $4.75/cwt higher than the previous week. Since the end of October, fed prices have rallied $14/cwt. Light trade was reported last week with dressed sales reported from $415.00-416.00/cwt FOB the feedlot. U.S. packer interest was supportive and light…

In Alberta, fed cattle trade last week averaged around $247/cwt, $1/cwt softer than the previous week. From their lows in late October, fed prices have rallied 3 per cent. Dressed sales were mostly at $415/cwt delivered. Cattle that traded were scheduled for the second half of December delivery. No negotiated cash sales to the U.S….

Averaging on either side of $240/cwt Western Canadian fed prices rebounded $1/cwt. Fed cattle prices last week were $11/cwt higher than last year. Sale volumes were light last week and dressed sales were reported at $405/cwt delivered. Cattle that traded were being scheduled for late-November/early-December delivery. US packer interest was noted, and light volumes were…

Packers have the leverage over the cattle feeder reflected in lower prices and weaker basis levels. In Alberta last week, weighted average fed steer and heifer prices closed the week around $240/cwt live, $0.50/cwt lower than the previous week. Fed cattle prices did establish new second half lows. Light trade was reported this week with…

Alberta dressed sales last week were reported from $405-408/cwt delivered, cattle that traded were being booked anywhere from the second half of October to mid-November delivery. On a live basis, steers and heifers traded within $1/cwt of steady money. The weekly weighted average for Alberta steers was $242/cwt with heifers at $240/cwt, packer competition was…

In Alberta last week, fed steer averaged almost 242/cwt and heifer traded just below $240/cwt. The Western Canadian fed market established a new second al of the year price lows, while US fed prices have rebounded roughly $5/cwt over the past couple weeks. On a cash basis, Alberta fed prices are now trading at a…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $243.50/cwt live, $1.50/cwt lower than the previous week. Over the past month, fed prices have declined $10/cwt. Light trade was reported last week with buying interest noted from all three Western Canadian packers. Dressed sales were reported from $403.25-409.00/cwt FOB…