Slaughter Report Last updated August 25, 2016
Feeder Report Last updated August 25, 2016
Alberta direct cattle sales Wednesday saw no new trade to report but dressed bids are sounding anywhere from 5.00-9.00 lower than the previous week. Dressed bids have been reported from 230.00-233.00 delivered. No live bids have been reported however using a 60% dressing percentage dressed bids are working back to the upper 130's on a live basis. The last time weighted average prices closed below 140.00 was in March of 2014.
|Steers||No trade||No trade|
|Heifers||No trade||No trade|
|D1, D2 Cows||D3 Cows||Bulls|
In the US, light trade was reported in all major feeding states yesterday. Dressed sales in the North were 3.00-5.00 lower than the previous week while southern traded 3.00 lower on a live basis.
|Choice Steers||115.00 (South)||181.00-184.00 (North)|
|Choice Heifers||115.00 (South)||181.00-184.00 (North)|
|Boner Cows||Rail Avg|
|Over 500 lbs||146.79|
The nearby Canadian dollar at 8:30 this morning was trading at 77.37, up 0.05.
On the Chicago Mercantile Exchange, in midsession trade, live cattle futures are as follows:
|112.70, -0.02||109.20, +0.30||110.42, +0.27|
Information provided on this report is supplied by various auction markets throughout Alberta. In reference to the following prices, producers are reminded to check with individual markets on current prices and trends. Prices quoted include top quality cattle only.
Feeder and stocker prices in Southern Alberta on Wednesday
|Bred Cows||Bred Heifers||Cow/Calf Pairs|
All information sourced from Statistics Canada, Alberta Agriculture and Canfax.
Report for the week of August 22, 2016
The Canfax average fed steer and heifer price closed the week at $142.25/cwt and $143.00/cwt respectively. Weighted average prices are $39.00-41.00 below last year. Closing the week just over $4.50 lower weighted average steer prices established new lows last week. Steer and heifer dressed sales were reported from $232.00-240.50 FOB lot. Delivery dates between the two major plants varied from two to five weeks out. Canadian fed cattle export volumes to the US for the week ending August 6th totaled 3,911 head.
The Canfax average feeder steer price was $1.00 higher while heifers traded fully steady. Steers weighing over 700 lbs saw prices steady to $2.00 higher than the previous week. Heifer calves and light weight stocker traded mixed with prices reported from $3.00 higher to $3.50 lower. The western Canadian feeder index closed the week at $185.51/cwt. Alberta auction volumes totaled 13,400 head. Canadian feeder cattle export volumes to the US for the week ending August 6th totaled 598 head.
D1, D2 cow prices traded $1.00/cwt lower and live trade was reported from $90.00-113.00/cwt. Last week D3 cows averaged $88.75/cwt. Butcher bulls traded $2.25/cwt lower to average $125.00/cwt and live trade was reported from $110.00-140.00/cwt. Canadian non-fed cattle export volumes to the US for the week ending August 6th totaled 4,151 head.
For more detailed information on markets this week please visit the Canfax website www.canfax.ca.