Loading…
Western Canadian yearling prices were mixed, moving from $5 higher to $6 lower on the week, while calf prices were mostly unchanged. Poor crop conditions outside irrigated areas near Lethbridge weakened yearling demand.
Feedlots found higher finishing costs limit calf buying.
Higher costs of finishing cattle cap how much feedlots will pay for feeder cattle. Drought-hit pastures and crops are tightening the feed outlook in Western Canada.
agcanada.comAGCanadaAug 25, 2021Not 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.
