Live: ---
Rail: 492.00-493.50 FOB feedlot (last week)
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AB Direct - Steers
AB Direct - Heifers
Live: ---
Rail: 492.00-493.50 FOB feedlot (last week)
Rail: 492.00-493.50 FOB feedlot (last week)
US Trade- Steers
Live: 228.00 (NE, IA) last week
Rail: 355.00-363.00 (IA, NE) last week
Rail: 355.00-363.00 (IA, NE) last week
US Trade - Heifers
Live: 228.00 (NE, IA) last week
Rail: 355.00-363.00 (IA, NE) last week
Rail: 355.00-363.00 (IA, NE) last week
Canadian Dollar
$73.01
0.19
0.19
Cattle Report
Last Updated: December 22, 2025
Audio Updates
Feeder Report
Slaughter Report
Direct Sales
Alberta direct cattle sales last week saw light trade develop with weighted average steer and heifer prices closing the week around $294.00/cwt, steady with the previous week. Competition on the cash market was limited with one packer off the market. Butcher cows traded $1.00-2.00/cwt higher through commercial auction facilities. Butcher cow prices are at the highest point in seven weeks.
Canadian Dollar
$73.01 0.19
Steer & Heifer Trade
| Live | Rail | |
|---|---|---|
| Steers | --- | 492.00-493.50 FOB feedlot (last week) |
| Heifers | --- | 492.00-493.50 FOB feedlot (last week) |
AB Cow & Bull Trade
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 222.00-232.00 | 183.00-215.00 | 224.00-252.00 |
US Trade
In the U.S, trade was delayed until the second half of the week. Dressed sales in Iowa and Nebraska ranged from $355.00-363.00/cwt (mostly $358.00/cwt) $3.00-4.00/cwt higher than the previous week. Live sales in the North were at $228.00/cwt, fully steady. Sale volumes in Texas and Kansas were limited but some cattle traded up to $228.00/cwt. Last Friday’s cattle on feed report should be viewed as neutral to slightly bullish as placements came in below pre-report estimates. Feedlot placements for the month of November were 11% below last year. This is the eighth consecutive month that placements have been below last year. At the beginning of December cattle on feed inventories in Texas, Oklahoma and Arizona are down 315,000 head versus last year.
US Trade
| Live | Rail | |
|---|---|---|
| Choice Steers | 228.00 (NE, IA) last week | 355.00-363.00 (IA, NE) last week |
| Choice Heifers | 228.00 (NE, IA) last week | 355.00-363.00 (IA, NE) last week |
Chicago Mercantile Exchange
| December | February | April |
|---|---|---|
| 231.20 +0.80 | 231.35 +0.55 | 231.22 +1.22 |
National slaughter cows
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 301.90 |
Replacement Trade
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+ | 449.00-478.00 | 420.00-450.00 |
| 800-900 | 485.00-491.00 | 430.00-475.00 |
| 700-800 | 503.00-537.00 | 449.00-479.00 |
| 600-700 | 545.00-568.00 | 482.00-515.00 |
| 500-600 | 610.00-662.00 | 537.00-590.00 |
| 400-500 | 700.00-750.00 | 612.00-647.00 |
| 300-400 | --- | --- |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| 6,175-6,450/head | --- | --- |
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Livestock Price Insurance Index
Last Updated on December 18, 2025. For more information visit lpi.ca
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 |
|---|---|---|---|---|---|
| 16-Mar-26 | 286 | 446 | -- | 436 | -- |
| 13-Apr-26 | 290 | 444 | -- | 434 | -- |
| 11-May-26 | 298 | 446 | -- | 436 | -- |
| 08-June-26 | 302 | 444 | -- | -- | -- |
| 06-July-26 | 294 | -- | -- | -- | -- |
| 03-Aug-26 | 288 | -- | -- | -- | -- |
| 31-Aug-26 | 278 | 440 | -- | 438 | -- |