# Good buyer demand pushes feeder cattle prices higher - Canadian Cattlemen

> 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.

- Date: 2022-09-28 · published 2022-09-28T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/39714-good-buyer-demand-pushes-feeder-cattle-prices-higher-canadian-cattlemen
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Firm cattle prices and tight heifer supply support strong cattle feeding margins, though a wide cash basis versus US markets signals some pressure.

## Read by commodity

- USDCAD: bullish ▲
- LCATTLE: bullish ▲

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/markets/good-buyer-demand-pushes-feeder-cattle-prices-higher/

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