Mixed cattle market prices last week in Sask.
Posted on 10 May 2021 by Saskatchewan Agriculture![](https://prairiepost.com/wp-content/uploads/2021/05/549635dfe5a39f8fd417e29b3926f223.png)
Cattle market prices okay
Please find attached the latest Cattle Market Update for the week ending May 7. Highlights for the week include the following:
- Feeder steer prices were mixed across the weight categories when compared to prices reported the previous week. The largest price increase was seen in the 400-500lb weight category, increasing $2.17 per cwt to end the week averaging $252.67 per cwt. The largest price decrease week over week was in the 700-800lb weight category, with prices decreasing $1.55 per cwt to end the week averaging $196.25 per cwt. The 800-900lb weight category ended the week with an average price of $181.31 per cwt. The weekly average steer price across the reported weight categories was $207.97 per cwt in Saskatchewan.
- Saskatchewan feeder heifer prices were mainly lower across all the reported weight categories when compared to prices reported the previous week. The only price increase was seen in the 400-500lb weight category, with prices increasing by $0.17 per cwt to end the week averaging $208.50 per cwt. The largest price decrease was seen in the 300-400lb weight category, with prices declining by $11.25 per cwt to end the week averaging $204.50 per cwt. The 800+lb weight category ended the week with an average price of $161.31 per cwt. The weekly average heifer price across the reported weight categories was $187.77 per cwt in Saskatchewan.
- Live cattle future contracts started the week off trading lower but then reversed the trend mid-week, ending with the nearby June futures contracts slightly lower. The June live cattle futures contract saw a price decrease of US$0.550 per cwt relative to the previous week to settle at US$116.025 per cwt on Friday. The August contract saw a price increase of $0.225 per cwt compared to the previous week to settle Friday at US$118.850 per cwt.
- Choice beef cutout prices (600-900 lb.) for the week averaged US$303.51 per cwt, up US$11.72 per cwt from US$291.79 per cwt the previous week, an increase of 4.0 per cent. The Choice beef cutout is 31.3 per cent lower than the same week a year ago when it was valued at $441.53 per cwt.
Cattle market prices okay