
Cattle feeder market slips off its record highs
The October feeder cattle futures have been trading at a $15 per cwt. premium to the deferred March 2026 contract
The October feeder cattle futures have been trading at a $15 per cwt. premium to the deferred March 2026 contract
Profitability in the deferred positions has evaporated given the weakness seen in the deferred live cattle futures
Many auction barns held feature yearling sales over the past week, and there was no shortage of buying interest
Feedlot margins in Western Canada remain in positive territory, and operations are staying current with production
Feedlot operators shrug off weaker live cattle futures on Aug. 8, which may have posed an ominous signal for the sector
Prices for similar weight cattle have been quite variable across the Prairies, making the market difficult to define
Lower feeder cattle supplies and larger feedgrain production to keep Canadian feeder market well supported