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Klassen: Feeder market consolidates at historical highs

For the week ending September 6, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Alberta packers were buying fed cattle on a dressed basis at $525/cwt, up $15/cwt from a week earlier. Using a 60 per cent grading, this equates to a live price of $315/cwt. Current breakeven pen closeout […] Read more