
For the week ending Jan. 18, western Canadian feeder cattle markets were largely unchanged.
Alberta fed cattle prices rose $3-$5 on a live basis, and U.S. wholesale beef was steady at US$333/cwt. Feedlot operators are worried about possible tariffs on fed cattle and beef.
Firm beef and fed cattle prices, with improving feeding margins, support feeder cattle values. Tariff risk on cattle and beef trade could weigh on prices if it materializes.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Strong demand for beef and fed cattle, with Alberta fed prices up and steady wholesale beef, supported the market, though tariff worries were a partial offset.