Live: ---
Rail: 387.00-388.50 FOB lot last week
AB Direct - Steers
AB Direct - Heifers
Live: ---
Rail: ---
Rail: ---
US Trade- Steers
Live: 183.00-184.00 (TX, KN), 184.00 (NE) last week
Rail: 290.00-291.00 (IA, NE) last week
Rail: 290.00-291.00 (IA, NE) last week
US Trade - Heifers
Live: 183.00-184.00 (TX, KN) 184.00 (NE) last week
Rail: 290.00-291.00 (IA, NE) last week
Rail: 290.00-291.00 (IA, NE) last week
Canadian Dollar
$73.27
0.56
0.56
September 25, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of September 25, 2023
The Canfax fed steer price closed the week at around $231.75/cwt, $0.50/cwt lower than the previous week. Alberta fed prices have averaged in the low $230s/cwt for the past six weeks. Competition on the cash market was decent with all three Western Canadian packers buying cattle. Last week, dressed sales were reported from $387‑388.50/cwt FOB…
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September 20, 2023
Current Markets & Forecasts
The Bovine: Ryan Copithorne’s market outlook for Fall 2023
Welcome to another edition of The Bovine! On this episode, you’ll hear from Ryan Copithorne, rancher and owner of Cows In Control Inc., on what’s happening in the cattle market, plus cautions and opportunities to keep an eye out for this fall. This episode was recorded this summer at the 2023 Canadian Beef Industry Conference…
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September 11, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of September 11, 2023
The Canfax fed steer price closed the week at around $232/cwt, $0.50/cwt higher than the previous week. Last week, dressed sales were reported from $386.75‑387.50/cwt FOB the lot. Cattle that traded were being booked for the first half of October delivery. Alberta fed cash‑to‑futures basis levels weakened going from -$10.48/cwt to -$17.84/cwt. For the beginning…
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September 5, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of September 4, 2023
Light dressed trade saw prices steady to $2/cwt lower than thin trade seen the previous week from $388-390/cwt delivered. Light live trade was comparable from $230-231.25/cwt. Weighted average steer prices trended steady, with scant trade seen previously closing the week at $231.76/cwt. Scattered light heifer trade was not repeatable, and a weekly price trend was…
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August 28, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of August 28, 2023
Sale volumes were too light to establish a weighted average Alberta fed price, but the market tone was steady to weaker. From their highs in June, fed prices have dropped 6%. Competition on the cash market was limited, as packers seem to have a lot of cattle around them. Last week, dressed sales/bids ranged from…
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August 21, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of August 21, 2023
The Alberta dressed fed trade range was comparable with the previous week from $388-393/cwt delivered. More cattle were procured at $388/cwt delivered, and the weighted average price was pressured almost $2/cwt lower. Weighted average steer prices have now slipped lower for eight straight weeks and are the lowest seen since May 12. YTD Western fed…
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Cattle Report
Updated: 02/10/2023
Steers
Live: ---
Rail: 387.00-388.50 FOB lot last week
Heifers
Live: ---
Rail: ---
Choice Steers
Live: 183.00-184.00 (TX, KN), 184.00 (NE) last week
Rail: 290.00-291.00 (IA, NE) last week
Choice Heifers
Live: 183.00-184.00 (TX, KN) 184.00 (NE) last week
Rail: 290.00-291.00 (IA, NE) last week
Boner Cows
Over 500 lbs: US $211.02
Canadian Dollar
$73.27 0.56
Livestock Price Insurance Index
| Expiry | Fed | Feeder | Calf |
|---|---|---|---|
| 25-Dec-23 | - | - | - |
| 22-Jan-24 | 234 | 320 | - |
| 19-Feb-24 | 236 | 330 | - |
| 18-Mar-24 | 238 | 330 | - |
| 15-Apr-24 | 246 | 334 | - |
| 13-May-24 | 246 | 340 | - |
| 10-Jun-24 | 252 | 346 | - |
Last Updated on September 28, 2023