Canfax report

 

The Western Producer (CAN)

April 29, 2021

 

This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattlemen’s Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at www.canfax.ca.

 

Fed market active

 

Alberta direct cattle sales saw active trade last week. Dressed sales were generally $2-$4 per hundredweight higher than the previous week in a tight $260-$262 per cwt. delivered trade range. Light live heifer trade was reported comparable to rail sales. Last week’s offerings were cleaned up with all packers vying to procure cattle. Harvest schedules are for various May delivery dates.

 

Western Canadian fed slaughter for the week ending April 17 was modestly larger than the previous week at 45,629 head and year to date totalled 10 percent larger than a year ago at 609,884 head. Canadian fed cattle/cow exports to the United States for the week ending April 10 rebounded larger following the Easter long weekend to 9,780 head.

 

Moderate Ontario trade volume was reported last week with the bulk of sales $3 per cwt. higher than the previous week at $248 per cwt. delivered. Not all feeders were willing sellers, and some of last week’s offering was carried over. Eastern fed slaughter for the week ending April 17 was reported seven percent larger than the previous week at 12,466 head.

 

Most of last week’s fed offering was yearlings, but a few calves were in the mix...

 

Cow prices rise ...

 

U.S. cutouts rise ...

 

Auction volume jumps ... 

 

more

https://www.producer.com/markets/canfax-report-327/