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Saskatchewan cattle prices move downward

Saskatchewan feeder cattle markets were moving downward during the past week.
 
The latest weekly cattle market update from the Saskatchewan ministry of Agriculture says feeder steers were lower in all weight categories, dropping from 3 dollars to almost 8 dollars per hundredweight.
 
Feeder steers had the biggest loss in the 600 to 700 pound category of 7 dollars 80 cents.
 
Feeder heifers saw a 25 cent gain in the 500 to 700 pound range, but losses in heavier ranges reached as much as 7 dollars 90 cents lower.
 
Provincial livestock economist Brad Marceniuk says prices were down due to lower U.S. markets, pushed down by dropping futures markets.
 
Marketings were 3,586 head of cattle across Saskatchewan, down from 5,618 head the previous week.
 
Source : CKRM

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