market update

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…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $243/cwt live, $1/cwt higher than the previous week. US fed prices have just recently dropped below year ago levels whereas Alberta fed prices are still $10/cwt higher than a year ago. Light trade was reported last week with buying interest…

In Alberta last week, weighted average fed steer and heifer prices closed the week around $247/cwt live, $5/cwt lower than the previous week. Prices are at the lowest point since early April. Active trade was reported last week with buying interest was noted from all three Western Canadian packers. Dressed sales were reported from $412.00-416.50/cwt…

Alberta last week weighted average fed steer and heifer closed the week around $257/cwt live, fed prices dropped $8.70/cwt after reaching an all-time high back in early June; but appear to have stabilized. Last week, dressed sales reported at $428/cwt delivered, traded steady for the last four weeks. Cattle that were traded are scheduled for…

Alberta fed cattle traded softer for the third consecutive week. Dressed sales were reported at the lower end of last week’s trading range. Cattle are scheduled for pick up in three weeks. For the week ending June 15th, Canadian fed cattle exports to the U.S. were 7,638 head, were up 7 per cent from last…