The fed cattle market has been stagnant for the last 25 weeks or so.

That according to Brian Perillat, Manager/Senior Analyst with Canfax.

"Usually at year end we see a little bit of a market pop and we've seen slightly higher prices...but still kind of disappointing for late in the year," he said. "We're almost $20 per hundredweight below a year ago. Feedlots still seeing pretty big losses at this point. We've worked through a lot of cattle, processors continue to work through the cattle. We have seen the demand pick up a little bit for fed cattle."

He notes the fall run is wrapping up, adding calf prices have held in despite the struggles at the feedlot level.

More Ag News

Airdrie welcomes newest $50 million snack facility

From left to right, Nate Horner, Minister of Agriculture, Forestry and Rural Economic Development, Yousif Al-Ali, President and CEO, Super-Pufft Snacks Corp and Airdrie Mayor Peter Brown..captiontext…

G7 Agriculture Ministers meet in Germany

Canada’s Minister of Agriculture and Agri-Food, Marie-Claude Bibeau, meets with other G7 Agriculture Ministers in Stuttgart, Germany - Photo Credit: BMEL/Photothek.captiontext G7 Agriculture…

Seeding underway south of the border

.captiontext Seeding in the United States has ramped up over the past couple of days. Dan Basse is president of AgResource Company in Chicago. "We are finally getting at the seeding here in the last…

Canada's 2021 Census of Agriculture

File Photo.captiontext Data from the Census of Agriculture indicate that trends identified in previous census cycles, such as industry consolidation and aging of farm operators, have continued in…

Satellite changes could shutdown farmers

Photo Courtesy of Matt Yanick.captiontext There's a key change coming up next week for farmers that use WAAS - a Wide Area Augmentation System - for Precision Agriculture. Matt Yanick, President and…

DiscoverMooseJaw.com is Moose Jaw's only source for community news and information such as weather and classifieds.

Search the Biz Guide

Login