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Feeder cattle futures moved sharply lower at the start of May.
Beef Cattle, Markets

McMillin: Cattle prices see sharp decline

The Markets with Deb McMillin, from the June 2019 issue of Canadian Cattlemen

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Fed cattle Fed cattle prices have seen a sharp price decline over the past couple of weeks. Current fed steer prices are averaging $150.88/cwt, which is a decrease of $11.55/cwt over the past three weeks. Pressure in May is typical following the spring high in the fed market. While barbecue season is just getting started, […] Read more
Markets

The Markets

Market Summary with Debbie McMillin

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Fed Cattle Although the fed market typically moves lower from spring into summer the tight supplies and good demand for beef have created a very strong move against the normal trend. The cash market continues to set new records. The last week of June saw Alberta fed cattle average $155.64/cwts over $36 higher than the […] Read more
Markets

The Markets

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Fed Cattle The fed-cattle cash market held near steady at record levels during the past four weeks. The current average fed-steer price in Alberta was $145.65/cwt, $31.79/cwt higher than the same week in 2013. Feedlots are up to date with their marketings, steer carcass weights are more than 30 pounds below year-ago levels and demand […] Read more
Markets

The Markets

Feeder cattle volumes were larger through the first quarter of the year as many producers sold into the strong market

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The fed-cattle cash market held near steady at record levels during the past four weeks. The current average fed-steer price in Alberta was $145.65/cwt, $31.79/cwt higher than the same week in 2013. Feedlots are up to date with their marketings, steer carcass weights are more than 30 pounds below year-ago levels and demand for the […] Read more
Markets

The Markets – for Dec. 12, 2011

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Fed Cattle While many commodities on the board felt the pressure of the European debt crisis in the past few weeks it has not been seen in the fed cattle cash market. Fed cattle prices in Alberta rose just over $3 per cwt from the end of October to post a mid-November average of $112.28. […] Read more
Markets

Deb’s Outlook – for Sep. 12, 2011

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Fed Outlook Fundamentally the fed cattle supply ahead in Canada is supportive to the fall market but U.S. supplies will pick up toward the end of the year. Beef consumption increases as the weather cools and families adapt to school schedules right up to the Christmas holidays. A premium board, weakness in the Canadian dollar, […] Read more
Markets

The Markets – for Aug. 15, 2011

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FED CATTLE The volatility in fed cattle pricing this summer was due largely to non-cattle factors. But in recent weeks smaller Canadian showlists, strong futures and firm demand here and in the U.S. pushed prices higher. By mid-July fed cattle hit a historically high $103.97 per cwt in Alberta, up more than $16 from the […] Read more
Markets

The Markets – for May. 16, 2011

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Fed cattle In the past month fed cattle prices reached the highest level since 2003 in response to extremely high live cattle futures, tight front-end supplies and good demand for beef heading into barbeque season. Alberta fed steers averaged $115.56 at the start of April, up $22.85 from last April and 19 per cent from […] Read more
Markets

THE MARKETS – for Sep. 6, 2010

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Fed Cattle A slightly weaker Canadian dollar and strength in cut-out values in recent weeks has created opportunity for a rise in fed steer prices. At mid-August the Alberta fed steer price was $89.14 per cwt, up $8.34 from the same date a year ago. The strong August market resulted from current feedlots holding leverage […] Read more
Markets

THE MARKETS – for May. 3, 2010

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MARKET SUMMARY Fed Cattle Fed cattle prices have risen 21 per cent since the start of 2010. In the past four weeks prices jumped $11 per cwt to average $95.75, finally pushing into a profitable level. This recent rally is the result of seasonally higher cutout values, a rising U. S. cash market and strength […] Read more

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