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Alberta fed cattle averages set new weekly highs in early September, reaching $180.43/cwt. Strong beef demand and a softer Canadian dollar supported prices despite seasonal softness in the US fed market.
Firm cattle prices and tight heifer supply support strong cattle feeding margins, though a wide cash basis versus US markets signals some pressure.
canadiancattlemen.caDebbie McMillinSep 28, 2022Not 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.
