Alberta farmer
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Dropped into the local sale barn yesterday and feeder prices are definitely up. Talked to one order buyer and he said with the MCOOL changes there was more interest from the US feedlots. Very good calves on offer saw some 740 lb. steers sell for $103 and some 690 lb steers for $1.08!
I suspect the currency exchange is working in our favor also? Canadian dollar has dropped about three cents in the last week or so.
In US dollars those 740 lb. steers sold for 81 cents and the 690 lb steers for 85 cents. So maybe not so good but close to ten cents more than a couple of weeks ago!
I suspect the currency exchange is working in our favor also? Canadian dollar has dropped about three cents in the last week or so.
In US dollars those 740 lb. steers sold for 81 cents and the 690 lb steers for 85 cents. So maybe not so good but close to ten cents more than a couple of weeks ago!