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AB Direct - Heifers

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US Trade- Steers

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US Trade - Heifers

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$72.37
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December 22, 2022 Current Markets & Forecasts

Fed and feeder markets take a breather, calves remain strong

This past year has been a challenging one with high feed prices. Severe drought in the U.S. corn belt and the Midwest U.S., as well as global food concerns due to the Russia/Ukraine conflict, resulted in record high prices barley prices this spring when prices touched $475/tonne in May. A brief reprieve occurred in July…

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Supplies start to tighten heading into the second half of 2022

Cattle on feed numbers have started to tighten with smaller placements in June and July, resulting in the August 1st inventories being below year ago levels for the first time in over a year. While they remain above the five-year average, fed cattle marketings are expected to tighten throughout the second half of the year…

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Strong demand supporting cattle prices while feed grains pressure cost of production

Ample fed supplies have continued to move through the system with strong slaughter levels in the first quarter. Strong domestic and international demand has kept fed prices above last year’s levels and the five-year average. Although cash fed prices have not been high enough for feedlots to be profitable, fed prices are in-line with 2017…

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Cattle Report

Updated: 17/04/2025

Steers

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Rail: 475.00 del

Heifers

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Rail: 475.00 del

Choice Steers

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Rail: 475.00 del

Choice Heifers

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Rail: 475.00 del

Boner Cows

Over 500 lbs: 268.61

Canadian Dollar

$72.37   0.08

Livestock Price Insurance Index

Expiry Fed Feeder Calf
7-Jul-25 266 -- --
4-Aug-25 260 -- --
1-Sep-25 256 370 --
29-Sep-25 252 368 424
27-Oct-25 248 366 422
24-Nov-25 244 358 420
22-Dec-25 246 352 420
Last Updated on April 10, 2025