Western Canadian yearling prices traded back up to historical highs over the week ended Oct. 18, while calf markets made fresh highs at many locations. Western Canadian yearlings off grass traded $5-$10 higher on average compared to seven days earlier. Steer calves in the weight range of 550-825 pounds traded $8-$12/cwt higher on average while heifers were steady to $10/cwt higher. Calves under 550 pounds were variable, trading $10/cwt to as much as $20/cwt higher compared to the previous week.
The TEAM auction market report had a pen-sized package of mixed steers with Charolais influence off grass diet with full health records and implants averaging 1,025 pounds selling for $450/cwt fob ranch for near Indian Head for immediate delivery. A rancher southwest of Edmonton, reported a larger package of Angus cross yearling heifers off pasture with full processing data and implants with a mean weight of 975 pounds traded for $435/cwt fob ranch.
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At the St Rose Auction, a group of 11 Charolais mixed steers (off grass) averaging 814 pounds sold for $543/cwt. At the Killarney sale, a smaller package of Charolais steers averaging 805 pounds dropped the gavel at $551/cwt.
At the Ponoka ring sale, a group of 36 Simmental cross Red Angus steers off cows and grass averaging 725 pounds with full processing records silenced the crowd at $594/cwt.
The Prince Albert market report had a group of 29 tan steers weighing 604 pounds selling for $627. At the VJV Westlock sale, 15 black steers weighing just over 600 pounds with full health records off cows and grass diet traded for $640/cwt.
On the TEAM video sale, a group of 60 Angus based steers averaging 510 pounds with full processing records and implants straight off their mothers sold for $751/cwt fob ranch near Bashaw, Alta.
At the Ste. Rose Auction, a smaller group of black and red bawling steers averaging 382 pounds reached 922/cwt. Their lighter brothers scaled at 348 pounds overwhelmed the crowd touching $982/cwt.
Alberta packers were buying fed cattle on a dressed basis at $505/cwt delivered, down $2-$3/cwt from a week earlier. Fed cattle traded on a live basis in Southern Alberta at $302-$304/cwt.
Canadian feeder cattle prices have been at a premium to U.S. values which has tempered buying interest from south of the border. This past week, Canadian and U.S. values were relatively equal for similar quality cattle which was supportive. Ontario buyers were fairly active across Western Canada for all weight categories.
