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Western Canadian feeder cattle markets traded steady to $5/cwt lower in the week ending Sept. 20, with some quality calf packages down $10-$15/cwt.
Larger calf volumes and limited Ontario buying softened demand, and the October feeder futures premium to March 2026 discouraged feedlot buying.
Softer calf prices and a futures inverse signal feedlots holding back purchases, which could ease near-term feeder demand and cattle price support in Canada.
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.