Fed cattle prices have been under some pressure with feedlots losing money.

Brian Perillat is a senior analyst with Canfax.

"There's been a little bit of pressure on the market ever since the plant fire down in Kansas over a month ago. We had seen a pretty big drop in fed prices...which was leading to some pretty big losses for the feedlots and continue to be losses right now."

He talked about how the fall run has been going.

"We haven't been seeing big volumes yet for the fall run so they're still to come. These calf prices were below a year ago but still holding in relatively well. We'll have to see how the fall run unfolds but hopefully its kind of a moderated fall run. Hopefully we don't see a big bulge of cattle which kind of creates a little bit of market pressure but overall hopefully its pretty smooth going."

Perillat says there has been an improvement in the feed situation across the Prairies.

 

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