Fall Run In Full Swing

The fall run is in full swing and calf prices are seeing some pressure.

 

That from Brian Perillat, Manager and Senior Analyst at Canfax.

 

"They were slow to come but now this weather hasn't been the greatest but guys are wrapping up harvest and getting calves to town," he said. "Big volumes there but the calf market has been holding in relatively well. We are certainly seeing a bit of fall run pressure, especially on these calves. Five and six weight calves have come down a little bit from their highs but we're still seeing some good calves."

 

Perillat says the fed market remains soft and feedlots continue to lose money.

 

He adds the Canadian dollar is a bit volatile with political and interest rate uncertainty in Canada and the US.