Feeder cattle prices climb higher as demand remains strong

Another set of benchmarks were set for Saskatchewan feeder cattle prices.

Livestock Intern at the Saskatchewan Ministry of Agriculture Emily Schmidt says all of the reported feeder steer and heifer prices for the week ending May 2 are new record highs.

Steer prices ranged from $396.14 per cwt in the 800-900 lb weight category to $659.50 per cwt in the 300-400 lb category. The largest weekly price increase was in the 400-500 lb steer category of $25.34 to $628.01 per cwt.

Heifer prices ranged from $474.83 per cwt in the 600-700 lb category to $562.98 per cwt in the 400-500 lb category. The biggest week-over-week price increase was in the 600-700 lb category of $35.00.

Canfax reported 10,904 head of feeder cattle were sold at auction in Saskatchewan last week, more than double last week’s amount of 5,603 head. The volume of cattle marketed last week is slightly above the amount sold the same week last year of 10,365 head. The year-to-date total is now 165,013 head sold, above 2024 levels by seven per cent.