Debbie McMillin

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

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

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

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

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

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

MARKET SUMMARY Fed Cattle Alberta fed steers slipped for six consecutive weeks from $115 at the start of April to $103 by mid-May, which was still almost $12 better than last year. The fed cattle cash-to-cash basis at mid-month was -6.42 per cwt, somewhat wider than the average year-to-date basis of -4.05 per cwt, but […] Read more

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

Fed Cattle Fed cattle prices rose 12 per cent from January to average $108.95 by mid-March on tight supplies of market-ready cattle, a strong futures market and a rally in Choice cutout values. Fed cattle prices at the current levels have not been seen since 2001-03 when the Canadian dollar was trading at 62 to […] Read more

MARKET SUMMARY Fed Cattle Strong futures, tight supplies and good feedlot leverage have created a strong fed cattle market so far in 2011. Week over week increases drove Alberta steers up by $9.71 to $106.80 in the first six weeks of the year. That’s $27.63 per cwt better than last year and $19.93 over two […] Read more