Cattle Market Update

By Neil Billinger Sep 25, 2018 | 2:58 PM

The fall cattle run continues with 9100 head sold in Saskatchewan last week. That is about 1,000 more than the previous week, according to statistics from Canfax.

Prices for most weight classes were steady to higher. Average feeder steer bids rose by just over $2 per hundredweight over the week. Five hundred to six hundred pound steers moved up $5 to average $227.30 per hundredweight. That price is $12 higher than one year ago.

Prices for liveweight, non-fed cattle in Alberta were lower over the week. The price of D1 and 2 slaughter cows declined $1.74 to average $83.83 per hundredweight. D3 slaughter cows were down $1.43 to average $74.67 over the week.

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Have Your Say

When you receive your carbon tax rebate by direct deposit have you ever not known where it came from, regardless of how it was identified on your statement?

The Candian government wants the country’s banks to identify, in customers’ bank statements when they receive the carbon rebate, that it is labelled as such.

Environment Minister Steven Guilbeault says the lack of a clear identifier is contributing to confusion about carbon price rebates, so he is going to change the law if he has to in order to force the big banks to identify the carbon rebate by name when doing direct deposits.

The first rebate deposits in 2022 were labelled very generically, which meant recipients had no idea why they were getting the money.

T-D and B-MO have adopted the government’s requested “CdaCarbonRebate” entry, R-B-C and Scotiabank say they couldn’t make the change in time for the rollout, and C-I-B-C is still calling it “Deposit Canada.”

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