Current Markets & Forecasts

Alberta fed prices continues to march higher settings new highs. For the past couple of years, the markets have followed a very similar trend as prices have strengthened throughout spring. Dressed sales were reported at mostly $502/cwt delivered. Buying interest was noted from all Western Canadian packers. For the week ending May 24th, Western Canadian…

The Canfax average fed steer and heifer price closed around $298/cwt live, $1.50/cwt higher than previous week. Fed cattle prices are $38-39/cwt higher than a year ago. Light trade was reported last week with dressed sales reported from $494.00-498.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. Cattle that traded were…

Alberta fed prices established new highs trading in the low $290s/cwt. Dressed sales were reported from $490-$493/cwt delivered; $3/cwt stronger than the previous week. Buying interest was noted from three Western Canadian packers. Cattle that traded were scheduled from immediate to June delivery. For the week ending May 2nd, the Canadian weekly steer carcass weight…

The fed market continues to be impressive, setting new highs. Volumes are smaller but fed calves were marketed last week and some have already entered the slaughter mix. Last week, there was no price difference between fed calves and yearlings. The Canfax average fed steer and heifer price closed around $291/cwt live, $4/cwt higher than…

Alberta fed prices reach new record high in the upper $280s/cwt. Historically, from April to May, the market has rallied in 7 out of the past 10 years, with the strongest rallies occurring in the last fours years. As more fed calves enter the slaughter mix, Western Canadian steer carcass weight for the ween ending…

Trending higher for the past month, fed prices have started to level off. Last week, the Canfax average fed steer and heifer price closed around $282/cwt live, fully steady with the previous week. Fed prices continue to hold near record high levels. Light trade was reported last week with dressed sales reported from $472.00-473.50/cwt FOB…

Alberta fed prices continued to hover around record-high levels in the low $280’s/cwt. Over the past decade, 8 out of 10 annual highs have been set in the first half of the year, as spring is seasonally when the fed market typically peaks. Dressed sales were reported from $475/cwt, $5/cwt stronger than the previous week….

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…