Saskatchewan Cattle Market Update (as of May 3)

Posted on 21 May 2024 by Prairie Post

Saskatchewan Agriculture

Please find attached the Saskatchewan Cattle Market Update based on the week ending May 3. Some highlights include:

·         Canfax reported 10,355 head of Saskatchewan feeder cattle sold at auction over the week, which is below the 13,353 head marketed the previous week of April 26.

·         Prices for Saskatchewan feeder steers were between $417.10 per cwt for the 400-500lb steers down to $308.17 per cwt for the 900+lb steers.  The average price for the 500-600lb weight category was $400.75 per cwt, down the most with prices declining by $30.25 per cwt from the prior week.  The prices for steers above 700lbs increased compared to the prior week with the heaviest, 900+lb steers, up by $12.09 per cwt over the prior week. 

·         Saskatchewan heifer prices ranged from $403.94 per cwt for the 400-500lb weight category, down to $319.88 per cwt in the 700-800lb weight category.  The 400-500lb category was up by $8.85 per cwt, while the heavier 600-700lb heifers averaged $5.13 per cwt below the prior week.

·         Alberta cow prices climbed higher over the week. D2 cows averaged $180.55 per cwt, a price increase of $1.72 per cwt above the previous week.  The price of D3 cows increased $2.66 per cwt over the week to average $163.98 per cwt.

·         The Canfax price for Alberta fed steers for the week ending May 3 was $257.69 per cwt, a price decrease of $0.24 per cwt from the previous week.

·         Choice beef cutout prices (600-900lb.) for the week averaged US$294.51 per cwt, 0.7 per cent below the prior week when it was US$296.63 per cwt. The choice beef cutout price was 4.8 per cent below the same week a year ago when it averaged US$309.41 per cwt.

Have a great day!

Fonda Froats PAg

Government of Saskatchewan

Provincial Cattle Specialist

Livestock, Ministry of Agriculture