|Cattle Market Update|
|Written by Neil Billinger|
|Monday, 14 September 2009 07:59|
Just over 9,600 head of cattle were sold at Saskatchewan auction markets last week. That compares to the 9,386 that went through the sales ring during the first week of September.
Feeder cattle prices did not improve very much following a rough start to the month. Most steer weight classes were unchanged from the previous week. The only exceptions were 900 pound and over steers (up $1.75 per hundredweight) and 300-400 pound steers (down $5 per hundredweight).
Feeder heifer prices varied from $1.90 per hundredweight lower for 400-500 pound animals . . . to $1.30 per hundredweight higher for 700-800 pound heifers.
Canfax did not report any Saskatchewan prices for fed steers or fed heifers this week. Fed steers in Alberta averaged $82.07 per hundredweight, down $2.41 from the previous week. Packers appear to have good supplies for the next few weeks. Increased movement at wholesale and retail levels will be crucial to see an improvement in fed cattle prices.
D1,D2 cows in Alberta averaged $40.96 per hundredweight . . . compared to $40.91 at the beginning of the month.
Friday Price Information
Source: ICE, Iowa Department of Agriculture and Land Stewardship, and
|Last Updated on Wednesday, 16 September 2009 06:05|