
Alberta fed steers and heifers closed the week ending June 26 at record highs, with steers at $356 per hundredweight and heifers at $354.40. Alberta butcher bulls also hit a record above $290 per cwt, and cow prices held firm.
Strong fed and non-fed cattle prices against typical seasonal weakness signal tight supply and firm demand, supporting higher feeder and finished cattle values. Lower feed grain costs are also encouraging producers to buy higher-quality feed.
Not enough comparable past events yet for a historical read.
Not 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.