GFM Network News


Feeder cattle volumes are picking up and basis is seasonally strong heading into the fall run.

McMillin: Cattle on feed in Alberta, Sask., higher than year ago levels

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

Fed cattle To mid-August, Canadian fed cattle traded mostly steady, at an average on both sides of $146/cwt since the middle of July. The average steer the second week in August averaged $146.25/cwt which is $3.49/cwt higher than the same week in 2018. The third week of August didn’t see enough trade to establish a […] Read more

In the near term, calf prices on light volumes should remain steady.

McMillin: Domestic, global beef demand strong

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

Fed cattle It’s uncommon to see fed cattle prices pick up through the month of July. However, this has been the case in the last two weeks in Alberta. Beef demand both domestically and globally has been strong and sellers continue to be current in their front-end supply, which has created some leverage. The mid-July […] Read more


Feeder cattle futures moved sharply lower at the start of May.

McMillin: Cattle prices see sharp decline

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

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

The Markets

Market Summary with Debbie McMillin

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


The Markets

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

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

The Markets – for Nov. 14, 2011

MARKET SUMMARY Fed Cattle A lower Canadian dollar and increased buyer competition from the U.S. led to a strong fed market in the first week of October. Prices reached $110.73, an increase of $5.05 in one week. Fed steers in Alberta at the end of the second week averaged $108.94, up $17.81 per cwt from […] Read more


The Markets – for Oct. 10, 2011

FED CATTLE Fed cattle prices to mid-September were pressured lower as smaller weekly kills allowed packers to go long on inventory and increase their purchasing power. While U.S. prices rallied in the past few weeks, local prices struggled and lost ground, widening the basis to -14.73, the widest it s been since spring 2009. Early […] Read more

The Markets – for Sep. 12, 2011

Fed Cattle Following an up-and-down trend in July, a weaker Canadian dollar coupled with tight fed supplies domestically led to a stronger summer fed market. Board premiums and strength in the U.S. cash market also pushed the Canadian fed market higher. Fed steers increased $7 per cwt in the first half of August to an […] Read more