market update

Alberta fed prices continue to average in the mid $270’s/cwt. From January to February fed steers and heifer are up $8 and $7/cwt respectively. For the past decade, this is the second largest rally for fed steer and the second largest for fed heifers. Dressed sales were reported from $458-460/cwt delivered, $2/cwt lower than the…

In Alberta last week, average fed steer and heifer prices closed around $274/cwt live, slightly higher than the previous week. Feedlot inventories are current and cooler temperatures over the past couple weeks have set cattle back. Cattle are being pulled forward and marketed ahead of schedule resulting in lighter out weights. Light trade was reported…

In Alberta last week, average fed steer and heifer prices closed the week around $276/cwt live, $1.75/cwt higher than the previous week. Fed cattle prices are $56/cwt higher than last year. Light trade was reported last week with dressed sales reported from $456.50-463.50/cwt FOB the feedlot. Cattle that traded were being scheduled anywhere from immediate…

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, the weighted average fed steer and heifer prices closed the week around $265/cwt, $8/cwt higher than the previous week. Fed cattle prices did establish new record highs. Light trade was reported last week with dressed sales reported from $432.75-436.50/cwt FOB the feedlot. U.S. packer interest was supportive and light volumes of…

Alberta fed prices has finally broken to the upside after being stuck in a five-dollar trading range from $240-245/cwt, hitting the highest point since mid-August. Dressed sales were reported from $405-408/cwt delivered. Cattle traded were scheduled for first half of December delivery. U.S. packer interest was noted, with light volumes marketed South priced off the…

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…

Alberta fed steer prices closed the week near $245.90/cwt, $2/cwt lower than the previous week. Market-ready supplies are seasonally increasing, shifting leverage to the processing sector. Dressed sales ranged from $405-412/cwt FOB the feedlot. Delivery times were reported from late September to the middle of October. All three packers procured cattle last week, though numbers…