# Feeder cattle prices, auction market volumes see ‘significant jump’

> Canadian Cattlemen's monthly markets column reports fed cattle prices hit annual highs in September, with steer prices at $181.94/cwt, the highest since spring 2017. Cash-to-cash basis was wide and fed cattle were still selling at negative margins on Canfax data.

- Date: 2022-11-01 · published 2022-11-01T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/39259-feeder-cattle-prices-auction-market-volumes-see-significant-jump
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tight fed cattle supply and strong prices support higher cattle values, while negative feedlot margins point to pressure on feeder demand and placements.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: bullish ▲

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/livestock/beef-cattle/feeder-cattle-prices-auction-market-volumes-see-significant-jump/

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