Canfax Weekly Article | Report for the week of August 31, 2026

It was another tough week for the cattle feeder. Leverage has shifted out of feedlots’ hands toward the packing segment. In some cases, feedlots were looking to book hook space. Others were negotiating for a flat price with no heavy weight carcass discounts. Lift time continued to stretch out. Weighted average steer and heifer prices ended last week $11.00–$12.00/cwt lower than the previous week, revisiting their annual lows. Furthermore, prices were below a year ago for the first ti