Current Markets & Forecasts

The Canfax average fed steer and heifer price closed around $350/cwt live, $6/cwt lower than the previous week. Western Canadian prices have moved to a discount against the Eastern Canadian market. Packer competition on the cash market has moderated; in some instances, packers were limiting the amount of cattle they were buying from each producer….

The Canfax average fed steer and heifer price closed around $355/cwt live, $3.50/cwt higher than the previous week. From a seasonal perspective, the market should be in the process of putting in annual highs. Alberta fed prices are trading at a $10/cwt (live) premium over the Eastern Canadian market. Competition on the cash market was…

The Canfax average fed steer and heifer price closed around $352.50/cwt live, $3.50/cwt higher than the previous week. Fed cattle prices established new highs. This is the sixth consecutive year that first-half price highs have been established in June. Buying interest was noted from all Western Canadian packers with dressed sales ranging from $586–$589/cwt FOB…

After trending higher over the past five months, fed prices seem to have leveled off. Western Canadian fed prices continued to trade on either side of $350/cwt, hovering near record highs. From a seasonal perspective, leverage continued to favour the cattle feeder. On the flip side, packers continued to manage seasonally tighter numbers by scaling…

Alberta fed steer and heifer prices closed the week at $351 and $350/cwt respectively, steady to $2/cwt lower than the previous week. Dressed sales were reported from $580–$590/cwt delivered, steady with the previous week. Packers were looking for quick delivery cattle. Most of the sales this week were calves, though there were some late yearlings…

Alberta fed steers and heifers made new highs last week. Seasonally, fed prices are expected to make a summer peak in the coming weeks. Dressed sales were reported stronger than the previous week. Buying interest was noted from all Western Canadian packers. Cattle were scheduled for first half of June to mid-July delivery. U.S. interest…

The first quarter of 2026 saw an impressive cattle market. Alberta fed steer prices rallied 10 per cent from January to mid-April, surpassing the five- and ten-year indices of eight per cent and three per cent, respectively. Historically, prices peak in June with another three to eight per cent rally ahead of us. Spring grilling…

Following nineteen consecutive weeks of higher fed prices, the market took a modest step backwards. The Canfax average fed steer and heifer price closed around $343/cwt live, $1/cwt lower than the previous week. From a supply perspective, there was a good mix of fed calves and yearlings marketed last week, and there was no price…

Alberta fed steer and heifer prices closed the week $6–$9/cwt higher than the previous week. Dressed sales were reported from $573–$580/cwt delivered, $8–$13/cwt stronger. Cattle that traded were scheduled for late-May to mid-June delivery. U.S. interests were noted, and light volumes were traded south. U.S. sales were comparable with local live deals. For the week…

Last week, the Canfax average fed steer and heifer price closed around $338/cwt live, $3/cwt higher than the previous week. Buying interest was noted from all Western Canadian packers but competition on the cash market was somewhat limited. Light trade was reported with dressed sales ranging from $560.00–$565.00/cwt FOB the feedlot. Cattle that traded would…