# Fed cattle prices struggle in fourth quarter - Canadian Cattlemen

> Canadian fed cattle prices struggled in the fourth quarter of 2022 as front-end supply backed up and carcass weights rose. Mid-December Alberta steer prices were $185.53/cwt, but feedlot margins were negative and basis levels kept weakening.

- Date: 2023-01-03 · published 2023-01-03T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/37921-fed-cattle-prices-struggle-in-fourth-quarter-canadian-cattlemen
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Heavier carcasses and ample boxed beef supply are keeping fed cattle prices under pressure, though packers buying ahead should keep early 2023 prices steady.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/markets/fed-cattle-prices-struggle-in-fourth-quarter/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.