Highs and lows: Remainder of fall season should hold strong prices

摘要

Good fall prices for feeder cattle continue, while cull cows are experiencing their normal seasonal lows. Look for fundamentals of tight supply and a strong loonie to keep prices high well into the new year. As expected, good demand for feeder cattlethis fall has translated into stable prices for quality calves. While prices have moderated since September, demand for local feeders remains steady despite lackluster finished prices and high grain cost. The relatively slow volumes of feeders offered sofar this fall are largely a result of excellent weather conditions and delayed marketing due to concerns about the food safety issues at XL Foods. With these issues seemingly resolved, producers should be confident prices will remain strong through thefall marketing period.