Current Markets & Forecasts

The National Agriculture Statistics Service (NASS), Agricultural Statistics Board, and United States Department of Agriculture (USDA) has released its latest report indicating a slight decline in the number of cattle on feed in the United States. As of June 1, 2025, the total number of cattle and calves on feed for the slaughter market in…

The Canfax average fed steer and heifer price closed around $298.50/cwt live, $1.50/cwt lower than previous week. Light trade was reported last week with dressed sales reported from $497.00-502.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. A few cattle were booked for immediate delivery but in general, lift times are…

Alberta fed prices begin to level off while Eastern fed prices continue to advance higher. Over the past couple weeks Western Canadian fed prices have been averaging on either side of $300.00/cwt. From a basis perspective, the market has been a little disappointing with Alberta fed prices at a $30.00/cwt discount against the Nebraska market….

The Canfax average fed steer and heifer price closed around $300.50/cwt live, $2/cwt higher than previous week. Fed cattle prices have traded steady to higher for the past thirteen weeks. Light trade was reported last week with dressed sales reported from $496.00-502.00/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. Cattle…

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…

It was another exciting week for the fed cattle market with new highs being established. Fed prices have trended steady to higher for the past ten weeks. The Canfax average fed steer and heifer price closed around $296.50/cwt live, $3.50/cwt higher than previous week. Light trade was reported last week with dressed sales reported from…

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…