November 18, 2003
Canada Cattle Prices Well Below US
Canadian slaughter steers last week were going for 66 cents per pound in U.S. dollars, according to a report on Good Morning Ontario.
Canadian cattle prices are about $500 less per head than U.S. cattle prices, according to Jim Long, Genesus/Keyston Pig Advancement.
In his weekly commentary he noted that Canadian steer carcass weights are 865 pounds, five pounds heavier than a year ago. But Canadian steers are not currently backed up, Long said.
In a related item, Good Morning Ontario reported there's a new way to measure feed efficiency in cattle that could save beef producers millions in feed costs annually.
