Cattle prices drop back
Weekly average prices for fed cattle in Western Canada were $1-$1.25 lower than last week. Trade on Aug. 21 saw steers bring $81.25-$83.75, and heifers trading at $82.75-$84.30.
The beef recall in the United States, due to E.coli infection, has created a cautious marketplace. But the outlook is steady this week.
Slaughter prices were down as much as $4 last week. D1 and D2 cows sold for $46-$54, D3s for $35-$45. Rail grade bids were $95-$102.
Feeder cattle prices were $1-$2 lower for the week, with most pressure on the lighter and heavier weights at either end of the spectrum. U.S. cattle traded $1 higher last week, and feeder cattle $1 lower. Calves were steady to $1 lower on active trade that resulted in packers buying supplies to last into next week.
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Hog prices steady
Hog prices fell throughout last week but were holding steady by Monday, SPI reported from Saskatchewan. The average price for the week was $191.10, down $4 per hundred kilograms over the week previous. Price for top sows was $158, down 80 cents per ckg.
Canada West at Innisfail, Alta. reported liveweight slaughter lamb prices at 93-95 cents per pound for 90 to 110 lb. animals, and 90-93 cents for lambs 110 lb. and up.
