As one of the country's largest Canadian beef purchasers, McDonald's Canada, through its Verified Sustainable Beef Pilot, tracked the journey of nearly 9,000 head of Canadian cattle, or the equivalent of 2.4 million patties. The cattle spent their entire lives, from 'birth to burger', raised on or handled by verified sustainable operations. (CNW Group/McDonald's Canada)As one of the country's largest Canadian beef purchasers, McDonald's Canada, through its Verified Sustainable Beef Pilot, tracked the journey of nearly 9,000 head of Canadian cattle, or the equivalent of 2.4 million patties. The cattle spent their entire lives, from 'birth to burger', raised on or handled by verified sustainable operations. (CNW Group/McDonald's Canada)
Sarnia

Cattle Prices Move Multiple Dollars In Multiple Directions

Cattle prices have started the year with mixed results.

The Beef Farmers of Ontario report 855 more head of cull cows sold through auction markets last week, leading to a decline in prices of $2.77.

The average price of $69.53 is 19 dollars below what it was to start 2016.

Fed steer and heifer prices both saw gains last week.

BFO reports steers prices averaged $141.59, up $2.40 on the week.

Heifers picked up $4.42, averaging $146.17.

The farmers say last week ended with active trading at prices 2 dollars higher.

Ontario railgrade prices were 7 dollars higher for steers and $7.50 higher for heifers last week, still both are down 40 dollars from this time last year.

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