Sask Ag and Food Cattle Market Update
CANADA - Feeder cattle prices were mixed last week, with light steers showing the largest gains. 300-400 pound steers traded $3 per hundredweight higher, while 400-500 pound steers were up $2 per hundredweight. The remaining weight classes were relatively steady, ranging from $1 higher to $1 lower.Just over 13,000 head of feeder cattle were sold at Saskatchewan auction markets last week. That compares to 19,000 the previous week.
Feeder cattle exports to the United States took a signficant jump during the week ending January 27th, with just under 12,000 head moving south. Sask Ag and Food Beef Economist Sandy Russell says weather permitting, feeder cattle volumes should increase in the coming weeks.
Source: Saskatoon Homepage.ca