The manager and senior analyst with Canfax says cattle producers will be testing demand this year, as we head into some bigger supplies in the spring.

Brian Perillat notes fed cattle prices in western Canada have been pretty steady for the last few weeks.

"On the feeder cattle side, we have seen some pressure on there, especially on the heavier feeders. These grain costs have been climbing quite a bit here...The markets into the summer are looking a little bit more cautious too. So we're seeing a little bit of pressure on the futures in the cattle markets and higher feed costs. Certainly we've seen the heavy feeders under pressure."

Perillat says the lower Canadian dollar has been good as of late for cattle prices.

 

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