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Western Canadian yearling prices were steady to $4 higher and calves were mostly unchanged, with short-keep feeder demand strong across the Prairies. August cattle placements in Alberta and Saskatchewan rose 19% year over year, a surprise to the market, and Saskatchewan barley bids were near $4.25 per bushel.
Heavier placements and barley-on-the-hoof selling increase near-term feed demand, but drier conditions may tighten feeder supplies into November and December.
agcanada.comAGCanadaSep 25, 2018Not 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.
