Alberta direct cattle sales Tuesday saw no new trade to report, but there is a good chance scattered trade will develop by this afternoon. Feedlot inventories are the most current they have been in nearly one year. With more fed calves entering the slaughter mix carcass weights are seasonally declining. From a price perspective, a large percentage of the May contract cattle that are being delivered are at a discount compared to the current cash market.
$72.86 0.00
Live | Rail | |
---|---|---|
Steers | --- | --- |
Heifers | --- | --- |
D1, D2 Cows | D3 Cows | Bulls |
---|---|---|
170.00-183.00 | 155.00-169.00 | 170.00-204.00 |
In the US, other than light trade in Iowa earlier in the week, business remains quiet in all other feeding states. Heifer slaughter volumes have been historically large in April. Over the past four weeks heifer slaughter volumes are 2% larger than last year. For the week ending April 22nd, US imports of Mexican feeder cattle totaled just over 36,000 head, YTD imports of Mexican feeder cattle are 15% larger than last year. With strengthening corn prices and lower and lower live cattle futures contracts feeder cattle prices have moved lower. The US feeder index has declined $10.00/cwt over the past month.
Live | Rail | |
---|---|---|
Choice Steers | --- | --- |
Choice Heifers | --- | --- |
April | June | August |
---|---|---|
177.70, +0.07 | 175.50, -0.02 | 178.82, -0.10 |
Boner Cows | Rail Average |
---|---|
Over 500 lbs. | 253.03 |
Information provided on this report is supplied by various auction markets throughout Alberta. In reference to the following prices, producers are reminded to check with individual markets on current prices and trends. Prices quoted include top quality cattle only.
Steer | Heifer | |
---|---|---|
900+ | 299.00-311.00 | 277.00-281.00 |
800-900 | 315.00-331.00 | 288.00-305.00 |
700-800 | 353.00-370.00 | 314.00-325.00 |
600-700 | 401.00-416.00 | 329.00-360.00 |
500-600 | 419.00-440.00 | 365.00-390.00 |
400-500 | 447.00-470.00 | --- |
300-400 | --- | --- |
Bred Cows | Bred Heifers | Cow/Calf Pairs |
---|---|---|
--- | --- | --- |
Disclaimer: Information on this page is not for further distribution without permission from Canfax
The Cattle Price Insurance Program offers producers the ability to manage their bottom line by purchasing price insurance to provide a floor price on future cattle sales. This is a snapshot of top coverage offered this past week. LPI-Calf is available to purchase from February to June.
Expiry Date | LPI-Fed Price |
LPI-Feeder Alberta |
LPI-Calf Alberta |
LPI-Feeder SaskMan |
LPI-Calf SaskMan |
---|---|---|---|---|---|
22-Jul-24 | 234 | -- | -- | -- | -- |
19-Aug-24 | 230 | 332 | -- | -- | -- |
16-Sep-24 | 228 | 334 | 374 | 334 | 380 |
14-Oct-24 | 228 | 334 | 378 | 336 | 384 |
11-Nov-24 | 224 | 332 | 376 | 332 | 380 |
9-Dec-24 | 226 | 322 | 370 | 324 | 374 |
- | - | - | - | - | - |
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