The feeder cattle market showed a mixed tone this past week. Replacement cattle over 750 pounds were $2 per hundredweight (cwt) lower to $2 higher, but lighter feeders were $2-$4/cwt higher.
Feedlots realize that available feeder cattle supplies will decrease over the next couple months. However, with feeding margins deteriorating, it is difficult to increase bids for replacement cattle.
Pasture conditions are considered excellent across Western Canada and considerable interest…
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