Cattle prices maintain high level in the last Cattle Market Update of January

Most of the feeder steer prices reported in Saskatchewan this past week were up week-over-week and so were the feeder heifer prices. The latest Cattle Market Update from Canfax, for the week ending January 31, shows only the 600-700 and 800-900 pound steer weight categories as the only ones to have a week-over-week price decrease and none were recorded on the heifer side. The 300-400 pound steers didn’t have any data recorded for the week. Prices ranged from $360.25 per cwt in the 900-plus pound category for steers to $589.50 per cwt in the 400-500 pound steers. Prices for the steers ranged from $350.83 per cwt in the 800-plus pound category to $558.25 per cwt in the 300-400 pound category. Livestock Intern at the Livestock Branch of the Saskatchewan Ministry of Agriculture Emily Schmidt noted the 400-500 pound feeder heifers were $507.75, the first time the weight category has reached the $500 per cwt mark. She adds record prices in all reported categories were either set or matched