Good week for prices
It was another strong week for fed cattle prices, with averages only $1-$2 per hundredweight lower than last week due to lower yields.
One package of long fed heifers was the only sale to see a price of more than $100, said Canfax.
There was a wide range of prices due to a wide range of quality, especially in days on feed.
Volumes were up 21 percent with more than 14,000 head sold. Producers have been willing to pull cattle forward for the strong prices.
Read Also

Russian pulse trouble reports denied
Russia’s pulse crop will be larger than last year, which won’t help prices rally from their doldrums.
Prices Nov. 25 were steers $93.30-$98.25 per cwt., flat rail $163.40-$164.75 and heifers $93.25-$97.75.
Beef movement has slowed in recent weeks. Wholesale beef prices have moved higher and packers have reduced their kills somewhat, said Canfax.
The Montreal wholesale price was up $2-$3 for last week in a range of $161-$163 per cwt.
For this week, the Calgary market is up $2-$3 with handyweight steers from $160-$176 per cwt. and heavier carcasses lower. Packers hope the reduced product in the pipeline due to the smaller kills will help support the market.
Canfax said cattle producers have a good bargaining position thanks to their aggressive marketing. The number of market-ready cattle normally increases into December. However, the front-end supply will be manageable for the next couple of weeks.
Fed cattle prices should hold in the mid $90s with weights and days on feed being key factors in price.
Canfax said slaughter cows traded steady until late in the week, when prices gained $1-$2 at some markets.
Smaller offerings of cows are expected over the next few weeks, which will support prices.
Feeder cattle prices were steady with good demand. Yearling supply is drying up.
Feeder prices are expected to remain strong as buyers continue to fill pens and tax purchases are made before the end of the year. Volumes should also dwindle through to
Christmas.
In stock cow trade, there were lots of sales. Prices have been steady. Bred cows ranged from $500-$1,570 with most good quality cows from $1,100-$1,500. Medium types were mostly $900-$1,050. Plain types were from $500-$900.
Bred heifers were from $675-$1,675 with good quality types mostly from $1,100-$1,500. Medium quality ranged from $800-$1,000. Plain heifers brought $675-$800. Cow-calf pairs ranged from $800-$1,340.
Hog prices rise in U.S.
Hog prices rose last week despite a United States Department of Agriculture report that found three percent more pork in storage than a
year ago.
Although packers were closed for U.S. Thanksgiving, they stayed open Saturday.
Pork movement, especially bellies, improved. There is strong demand for bacon, especially from fast food restaurant chains.
Packer psychology appears to be in direct contrast to this time last year, said Manitoba Agriculture.
The expectation of declining hog marketings and slaughter for the rest of the year and continued relatively strong demand for pork have given U.S. packers the incentive to buy hogs at prices more than double those paid a year ago.
The Iowa-southern Minnesota plant 51-52 percent lean price range Nov. 26 was $31-$42 (U.S.) per cwt. The mean was $38.91.
Manitoba Index 100 hog prices, including premiums, responded to the stronger U.S. market by increasing to an estimated average of $137 per 100 kilograms for the week.
Manitoba Agriculture estimates that if all packer premiums and indices were included, average slaughter price could be $150.70 per ckg.