Reading Time: 2 minutes For the week ending February 17, Western Canadian prices for yearlings and backgrounded cattle were quoted $2-$4/cwt higher than seven days earlier.
Some buyers suggest some heifers are being purchased for breeding
Live cattle, feeder cattle ended day up
Strong U.S. dollar adds pressure to cattle, hog futures
Canadian values appear to be one week behind the U.S. market
Lean hogs also finish lower amid demand questions
Cattle market continued to feel pressure from winter weather in Midwest
Lean hog futures bounce back from early lows
Livestock feeders well covered with U.S. corn, pressuring prices
Traders expect this week's prices in cash market to be higher than last week
The U.S. cattle herd reached lowest head count since 1950s, trade anticipates heifer retention