GFM Network News

The Markets

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

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

The Markets – for Dec. 12, 2011

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

Deb’s Outlook – for Sep. 12, 2011

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

The Markets – for Aug. 15, 2011

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

The Markets – for May. 16, 2011

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

THE MARKETS – for Sep. 6, 2010

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

THE MARKETS – for May. 3, 2010

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

Debbie McMillin – for Apr. 5, 2010

Fed Cattle Fed cattle prices increased over the past six weeks despite the dollar. A stronger basis reflected increased export demand supported by a weather market in the U. S. Alberta fed steers moved from $76.62 to $84.70 per cwt at mid-March as the basis narrowed to 8.03 under the U. S. compared to -15.17 […] Read more

MARKET SUMMARY – for Mar. 8, 2010

Fed Cattle Over the past few weeks the Canadian fed cattle market responded positively to the slide in the Canadian dollar and bad weather south of the border. Locally, heavy carcass weights delayed packer lift times and beef movement grew sluggish, but those winter storms in the U. S. gave life to the cash market. […] Read more

MARKET SUMMARY – for Feb. 8, 2010

DEB’S OUTLOOK FED CATTLE Early yearling placements last summer ensured ample market-ready cattle at the start of 2010. But supplies were expected to tighten by the end of the first quarter and into the second right when consumers start dusting off their grills. Let’s hope the recovery has been enough to be reflected in their […] Read more