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Cattle Market Update Week of December 17 - 21, 2007This information is provided as a resource by Saskatchewan Agriculture staff. All stated prices are averages. Feeder Cattle
As we approach the holidays, cattle volumes were significantly lower. Saskatchewan auction markets' sales were down sharply this week with 9,142 head moving through the ring, down from last week's 39,990 head. Saskatchewan feeder cattle were negatively affected across all weight classes, in both the steer and heifer markets. Light weight steers (300-400 lb.) were down $6 per cwt., while steers 400-500 lb. were trading $2 per cwt. lower. Steers 500-600 lb. experienced a price decrease of $4 per cwt., for the second straight week. Steers 600-700 lb. and 800-900 lb. were both down $3 per cwt., while 700-800 weight steers traded $2 per cwt. lower. Heavy steers (900+ lb.) experienced a loss of $4 per cwt. Light weight heifers (300-400 lb.) were down $5 per cwt. for the week. Heifers 400-500 lb. traded $1 per cwt. lower. Heifers 500-600 lb. traded lower this week, down $4 per cwt. Heifers (600-700 lb.) experienced losses of $3 per cwt. Heifers (700-800+ lb.) traded $4 per cwt. lower. Saskatchewan feeder cattle prices ended lower from this time a year ago in all classes of steers and heifers, with the exception of heavy weight steers, which traded on par with last year.
Fed Cattle & Slaughter Cows
Western Canada's fed cattle market was trading lower this week as trading volumes once again decreased. Saskatchewan fed steers were the exception, as they experienced a price increase of $0.50 per cwt. Fed cattle exports to the United States were marginally smaller this week, with 16,988 head moving south, down from 18,001 head the previous week. D1,2 cows prices improved, with the average price of slaughter cows $31.49 per cwt., up $0.50 per cwt.
Bred Heifers, Bred Cows & Cow/Calf Pairs
Due to the holidays and the lower volumes of trade during the Holiday Season, the Cattle Market Update will not be published until the New Year. For more information contact the Livestock Development Branch:
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