cattle market reports

Alberta fed steers and heifers closed the week $1.00/cwt lower than last week. Fed prices have been moving sideways for the last five weeks. Seasonally, Western Canadian fed prices are expected to continue to move sideways through November with a slight pickup in December. Dressed sales were reported from $490.00–$500.00/cwt delivered, steady to $10.00/cwt lower…

The Canfax average fed steer and heifer price closed around $297/cwt live, mostly steady with the previous week. Fed cattle prices have chopped sideways for the past month. Buying interest was noted from all Western Canadian packers but competition on the cash market was limited. Last week, dressed sales were reported from $495.00–$497.50/cwt FOB the…

Alberta fed prices traded sideways for the first time since June. Weighted average fed steers and heifers closed the week at $296.00 and $294.00/cwt respectively. Fed prices have now traded below year ago for four consecutive weeks. Dressed sales were reported at $495.00/cwt delivered; sales were at the top end of last week’s trading range….

It was another tough week for the cattle feeder. Leverage has shifted out of feedlots’ hands toward the packing segment. In some cases, feedlots were looking to book hook space. Others were negotiating for a flat price with no heavy weight carcass discounts. Lift time continued to stretch out. Weighted average steer and heifer prices…

The Canfax average fed steer and heifer price closed around $355/cwt live, $3.50/cwt higher than the previous week. From a seasonal perspective, the market should be in the process of putting in annual highs. Alberta fed prices are trading at a $10/cwt (live) premium over the Eastern Canadian market. Competition on the cash market was…

After trending higher over the past five months, fed prices seem to have leveled off. Western Canadian fed prices continued to trade on either side of $350/cwt, hovering near record highs. From a seasonal perspective, leverage continued to favour the cattle feeder. On the flip side, packers continued to manage seasonally tighter numbers by scaling…

Following nineteen consecutive weeks of higher fed prices, the market took a modest step backwards. The Canfax average fed steer and heifer price closed around $343/cwt live, $1/cwt lower than the previous week. From a supply perspective, there was a good mix of fed calves and yearlings marketed last week, and there was no price…

Alberta fed steer and heifer prices closed the week $6–$9/cwt higher than the previous week. Dressed sales were reported from $573–$580/cwt delivered, $8–$13/cwt stronger. Cattle that traded were scheduled for late-May to mid-June delivery. U.S. interests were noted, and light volumes were traded south. U.S. sales were comparable with local live deals. For the week…