Prices continue to fultuate

Alberta and Ontario fed prices have been moving in opposite directions lately. Ontario fed prices have dropped around $10 per hundredweight from their highs in June, while western Canadian fed prices continue to edge higher, setting new annual price highs last week.

Though sale volumes were light, competition on the cash market was decent with all three western Canadian packers bidding on cattle. Dressed sales were reported at mostly $300 per cwt. delivered. Cattle were being scheduled for mid-September delivery.

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