Current Markets & Forecasts

On April 2nd, the U.S. administration announced a wide swath of reciprocal tariffs on numerous countries. For the Canadian cattle industry, the best-case scenario materialized. Canadian products under the Canada-United States-Mexico Agreement (CUSMA) continue to be exempt from U.S. tariffs. Last week, Alberta fed prices established new record highs. Fed steer and heifer prices closed…

Alberta fed prices continue to rally for the fourth consecutive week, making a new high with fed cattle trading in the low $280s/cwt, $9-12/cwt stronger than the previous week. Dressed sales were reported from $455-$460/cwt delivery, $5/cwt higher than previous week. All three Western Canadian packers bought cattle. Cattle that traded were scheduled to be…

Alberta fed prices rebounded sharply after the largest week-over-week decrease of the year, following the announcement that tariffs on goods and services covered under CUSMA/USCMA will be paused until April 2nd. Fed cattle traded $5-6/cwt stronger than the previous week, this brings fed steers within $6/cwt from record high set back in February, with fed…

Early last week, the U.S. government imposed 25 per cent tariffs on all Canadian and Mexican products coming into the U.S.. However, on Thursday the U.S. granted an exception on any goods imported into the U.S. that are compliant with the free trade agreement (CUSMA). With all this going down, it was a volatile week…

Alberta fed prices continue to average in the mid $270’s/cwt. From January to February fed steers and heifer are up $8 and $7/cwt respectively. For the past decade, this is the second largest rally for fed steer and the second largest for fed heifers. Dressed sales were reported from $458-460/cwt delivered, $2/cwt lower than the…

In Alberta last week, average fed steer and heifer prices closed around $274/cwt live, slightly higher than the previous week. Feedlot inventories are current and cooler temperatures over the past couple weeks have set cattle back. Cattle are being pulled forward and marketed ahead of schedule resulting in lighter out weights. Light trade was reported…

Alberta fed prices traded softer after strengthening for the past three weeks. Prices averaged in the mid $270’s/cwt, and remained just a couple dollar shy of record high prices. The last time fed prices set an annual high in January was in 2020. From 2021-2024, annual highs have been established in June. Dressed sales were…

In Alberta last week, average fed steer and heifer prices closed the week around $276/cwt live, $1.75/cwt higher than the previous week. Fed cattle prices are $56/cwt higher than last year. Light trade was reported last week with dressed sales reported from $456.50-463.50/cwt FOB the feedlot. Cattle that traded were being scheduled anywhere from immediate…

Alberta fed prices last week closed the week with record high prices. Fed steers averaged in the mid $270s/cwt, $8/cwt stronger than the previous week. Historically from December to January fed steers rallied $5/cwt, but this year has been stronger than usual at $12/cwt. Dressed sales were reported at $460/cwt, $10-15/cwt stronger than last week….

In Alberta last week, weighted average fed steer and heifer prices closed the week around $266/cwt live, $2/cwt lower than the previous week. With historically strong fed prices, some cattle are being pulled forward and sold ahead of schedule. Inventory wise feedlots are very current as Western Canadian carcass weights are 50 lb below last…