Magnifying Glass

AB Direct - Steers

Live: 306.00-315.00 FOB feedlot (last week)
Rail: 505.50-514.50 FOB feedlot (last week)

AB Direct - Heifers

Live: 306.00-315.00 FOB feedlot (last week)
Rail: 505.50-514.50 FOB feedlot (last week)

US Trade- Steers

Live: 230.00 (NE, IA), 233.00 (TX, KN) last week
Rail: 360.00 (IA. NE) last week

US Trade - Heifers

Live: 230.00 (NE, IA) last week
Rail: 360.00 (IA, NE) last week

Canadian Dollar

$71.86
0.04

Latest News

October 6, 2025 Checking in with ABP

Canfax Weekly Article | Report for the week of October 6, 2025

Alberta fed prices have been under pressure, dropping $10.00/cwt over the past three weeks and hitting the lowest point since mid-August. The market is in the process of working through seasonally larger fed numbers. Competition on the cash market was somewhat limited, and in some instances, one packer was not even bidding on cattle. Dressed…

Read More
September 29, 2025 Current Markets & Forecasts

Feeder market ‘on fire’

The best way to describe the feeder market in western Canada is ON FIRE, as steer calves and yearling look to find the top of their markets. This bullish market for calves and feeders is well into its fourth year, with the rally beginning in the fourth quarter of 2021 and only very small periods…

Read More
September 22, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of Sept. 22, 2025

Alberta fed prices are holding near record highs. Traditionally, this time of the year fed prices are putting in annual lows. Since the beginning of July, fed prices have rallied 7 per cent. Looking at the past fifteen years, this puts it as the second-largest third-quarter price rally, with only 2011 being larger when prices…

Read More
September 15, 2025 Checking in with ABP

Canfax Weekly Article | Report for the week of September 15, 2025

Since the beginning of July, fed prices have rallied $18/cwt and have again established new record highs. Last week, the Canfax average fed steer and heifer price closed around $315/cwt live, $2/cwt higher than the previous week. Light trade was reported last week with dressed sales reported from $518.00–526.50/cwt FOB the feedlot. Buying interest was…

Read More
September 8, 2025 Checking in with ABP

Canfax Weekly Article | Report for the week of September 8, 2025

Alberta fed prices averaged in the low $310s/cwt last week. Western Canadian fed prices have rallied $13.00/cwt over the past month. Not only have prices advanced but basis levels have also strengthened. Dressed sales were reported at $525.00/cwt delivered, $5.00–15.00/cwt stronger than the previous week. Cattle that traded were scheduled for delivery in the second…

Read More
September 2, 2025 Checking in with ABP

Canfax Weekly Article | Report for the week of September 1, 2025

Fed prices continue to advance, setting new record highs. Last week, the Canfax average fed steer and heifer price closed around $307/cwt live, $5/cwt higher than previous week. Light trade was reported last week with dressed sales reported from $508.00–518.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. Cattle that traded…

Read More
August 25, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of August 25, 2025

Alberta fed prices averaged in the low $300s/cwt last week. The fed market has exceeded expectations as annual price highs in August are very uncommon as this only occurred once over the past fifty years. Western Canadian fed prices were 22 per cent higher than last year and 38 per cent higher than the three-year…

Read More
August 18, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of August 18, 2025

The summer fed market has been rather impressive as fed prices established new highs. Only once in the past 50 years have fed prices ever established annual highs in August, and that was in 2008. Last week, the Canfax average fed steer and heifer price closed around $301/cwt live, $1.50/cwt higher than the previous week….

Read More
August 11, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of August 11

Alberta fed prices continue to strengthen, which is uncommon for the summer months. Despite historically strong prices, Alberta fed prices were at a sizeable discount to both the U.S. and Ontario markets. Alberta fed prices were trading at around $35.00-$38.00/cwt discount against the Nebraska market, the weakest basis since 2005. Dressed sales were reported from…

Read More
August 5, 2025 Current Markets & Forecasts

Canfax Weekly Article: Report for the week of August 4, 2025

Report for the week of August 04, 2025 The summer fed market has been rather impressive as fed prices established new highs. The Canfax average fed steer and heifer price closed around $300.50/cwt live, $2.50/cwt higher than previous week. Light trade was reported last week with dressed sales reported from $501.50-504.50/cwt FOB the feedlot. Buying…

Read More
July 28, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 28, 2025

Alberta fed prices averaged in the high 290s/cwt, despite season pressure, prices have increased over the past couple weeks. Dressed bids and sales were reported from $495.00-$503.00/cwt delivered (mostly $500.00/cwt delivered). Competition on the cash market was mixed, and U.S. interest was quiet. Cattle that traded were scheduled for delivery from mid-August to early September….

Read More
July 21, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 21, 2025

The Canfax average fed steer and heifer price closed around $297.50/cwt live, $1.50/cwt higher than previous week. Fed prices are around $40/cwt higher than last year. Light trade was reported last week with dressed sales reported from $493.50498.50/cwt FOB the feedlot. Competition on the cash market was mixed last week. Cattle that traded were scheduled…

Read More

Featured

  • Delegate nominations open for 2026

    If you are passionate about Alberta’s cattle industry, 18 years or older, and have paid check-off in the last two years, consider running as a delegate in your zone.

    Learn More

Cattle Report

Updated: October 6, 2025

Steers

Live: 306.00-315.00 FOB feedlot (last week)
Rail: 505.50-514.50 FOB feedlot (last week)

Heifers

Live: 306.00-315.00 FOB feedlot (last week)
Rail: 505.50-514.50 FOB feedlot (last week)

Choice Steers

Live: 230.00 (NE, IA), 233.00 (TX, KN) last week
Rail: 360.00 (IA. NE) last week

Choice Heifers

Live: 230.00 (NE, IA) last week
Rail: 360.00 (IA, NE) last week

Boner Cows

Over 500 lbs: 309.81

Canadian Dollar

$71.86   0.04

Livestock Price Insurance Index

Expiry Fed Feeder Calf
22-Dec-25 300 474 --
19-Jan-26 302 474 --
16-Feb-26 302 470 --
16-Mar-26 302 466 --
13-April-26 304 462 --
11-May-26 314 464 --
08-Jun-26 316 462 --
Last Updated on September 25, 2025