Your reading list

Western Producer Livestock Report

Reading Time: < 1 minute

Published: March 28, 1996

Prices rise with demand

SASKATOON (Staff) – Active demand from local and American buyers allowed cash slaughter cattle prices to increase by $1 per hundredweight in Alberta last week.

Canfax reported top quality cattle – long yearlings relatively free of tag and longer-fed calves – were sold at the best prices.

About 12,000 head moved in Alberta, down 10 percent from the previous week. Between 30 and 40 percent of the mix included 1995 calves.

Canfax reported trade on March 21 had steers priced from $76-$78 per cwt., while heifers were bid from $74.60-$76.55.

Read Also

Premier Scott Moe and Minister Warren Kaeding at Saskatoon Cabinet Office press briefing ahead of Asia trade missions.

Moe shares goals for Chinese trade mission

To advocate on behalf of Saskatchewan agriculture and other industries, as well as the Canadian canola, pork, pulse, and seafood industries, Saskatchewan Premier, Scott Moe, is travelling to China on a trade mission.

Canfax said a decline of $2 per cwt. for slaughter cows is likely linked to fewer quality animals being sold and a decline in demand for manufacturing beef. D1 and D1 cows were bid from $41-$50 per cwt., with top prices paid from $51-$54. Railgrade bids ranged from $87-$88.

Strength in the fed market trickled into the feeder market. Calf prices were also aided by lower barley markets. Calves suitable for grass were $1-$2 per cwt. higher, while shortkeep feeders were steady to $1 per cwt. higher.

Hog prices climb modestly

The seasonal downturn in hog prices that usually occurs in March has yet to materialize. Average Index 100 pooled prices for hogs on the Prairies were slightly higher in all three provinces.

Saskatchewan’s average price of $165.40 was up 80 cents per hundred kilograms on the week; Alberta’s price of $168.40 was up 40 cents per ckg while average prices in Manitoba were up by 15 cents to $168.40 per ckg.

explore

Stories from our other publications