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Western Canadian feeder cattle prices rose $5 to $8 week over week as feedlots bid more aggressively amid firmer live cattle futures. Fed cattle were bought at $222 to $227 dressed in Alberta, and calf prices also strengthened.
Stronger feeder and fed cattle prices reflect tighter supply and improved feedlot margins, supporting feeder cattle values.
farmtario.comJerry KlassenNov 1, 2016Not 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.
