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Saskatchewan feeder cattle bids rose in every weight class last week, with 300-400 pound steers up $10.98. Slaughter cow prices continued to slide, with D2 cows in Alberta down $3.00.
Saskatchewan sales totaled 47,468 head, down from the prior week.
Higher feeder bids reflect firm demand for calves for winter feeding, while falling cull cow prices signal weaker slaughter demand in Canada.
cjwwradio.comNeil BillingerNov 9, 2020Not 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.
