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Cattle Markets Begin 2018 On A Positive Note

Fed cattle prices have been quite strong through the holidays.
 
That from Brian Perillat, manager and senior analyst with Canfax.
 
"It was a fairly strong market the last couple of weeks. Western Canadian fed prices increased both weeks and I think about $7/cwt higher than when we ended the last full week of 2017, so that's been definitely positive."
 
Perillat notes western Canadian prices have been at a premium compared to other regions.
 
He adds the strong Canadian dollar hasn't hurt cattle prices, which is not normally the case.
 
Weather concerns in the U.S. could be a market factor to watch.
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Thanks for spending the winter with us here on the farm. Today we deliver a load of relief supplies to the area that is being devastated by the largest wildfire Nebraska has ever seen. Ranchers and farmers are working alongside countless firemen and the National Guard to get it contained. Stay warm and have a great weekend, we'll see you soon.