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Cattle Prices In Saskatchewan Show Downward Movement In Latest Update

 
Feeder cattle prices across Saskatchewan were showing downward movement again this past week.
 
Feeder steer prices were down as much as 6 dollars 38 cents per hundredweight, in the 800 to 900 pound category.
 
Provincial livestock economist Brad Marceniuk says large North American meat supplies continue to put downward price pressure on the meat complex.
U.S. meat production is up over three per-cent this year, and is expected to rise 2.8 per-cent in 2017.
 
There was some positive news.
 
Feeder heifer prices in Saskatchewan had some upward movement.
Feeder heifers ranged from four dollars lower to 13 dollars higher.
The 300 to 400 pound category had the biggest gain.
 
Marketings were 72 hundred head of cattle this past week, down from 87 hundred head the previous week.
 
Source : CKRM

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