AB Direct - Steers

Live: ---
Rail: 288.00-293.00 del (This week)

AB Direct - Heifers

Live: ---
Rail: 288.00-293.00 (This week)

US Trade- Steers

Live: 137.25-138.00 (KN)
Rail: 225.00-228.00 (IA)

US Trade - Heifers

Live: 137.00-138.00 (KN)
Rail: 225.00-228.00 (IA)

Canadian Dollar

$78.04
0.09
May 16, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 16, 2022

Last week, Canfax fed steer and heifer price closed around $171.75/cwt, $2/cwt higher than the previous week. The last time fed prices averaged over $170/cwt was back in June 2017. Last week dressed sales were reported from $285.00-288.50/cwt FOB the lot. Cattle that traded last week were being scheduled for the first half of June…

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May 11, 2022 Current Markets & Forecasts

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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May 9, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 9, 2022

Good demand was observed on last week’s large cash offering and prices trended fully steady with the previous week. Most sales were reported in a tight $284-286/cwt delivered trade range. Weighted average steers were the strongest weekly average reported since June 2017. Most cattle priced last week were scheduled for the first week of June…

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May 2, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 2, 2022

Last week, Canfax fed steer and heifer prices closed around $169.25/cwt, $2/cwt higher than the previous week. Fed prices are $11/cwt higher than last year and $15/cwt higher than the five-year average. Competition on the cash market was mixed, with one packer buying most of the cattle. Dressed sales were reported from $280.50-282.50/cwt FOB the…

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April 25, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of April 25, 2022

A large mix of fed calves and yearlings were on offer last week and weighted average steer priced rallied over $2/cwt higher than the previous week. The bulk of weekly trade was reported $3-5/cwt higher than the previous week dressed in a tight $280-282/cwt delivered trade range. Light live trade was reported at $164.50/cwt. Kill…

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April 18, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of April 18, 2022

Last week the Canfax fed steer and heifer price closed around $164.50/cwt, $1.50/cwt higher than the previous week. New annual price highs were established last week. Dressed sales were reported from $274.00-275.50/cwt FOB lot. Cattle that traded last week were being scheduled for late May/early June delivery. Alberta fed cash to futures basis weakened going…

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Cattle Report

Updated: 20/05/2022

Steers

Live: ---
Rail: 288.00-293.00 del (This week)

Heifers

Live: ---
Rail: 288.00-293.00 (This week)

Choice Steers

Live: 137.25-138.00 (KN)
Rail: 225.00-228.00 (IA)

Choice Heifers

Live: 137.00-138.00 (KN)
Rail: 225.00-228.00 (IA)

Boner Cows

Over 500 lbs: US$ 162.95

Canadian Dollar

$78.04   0.09

Livestock Price Insurance Index

Expiry Fed Feeder Calf
15-Aug 164 198 -
12-Sep 166 204 -
10-Oct 168 208 218
7-Nov 168 208 216
5-Dec 168 202 210
30-Jan 180 206 218
Last Updated on May 19, 2022