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AB Direct - Steers

Live: ---
Rail: 428.50-430.50 FOB feedlot (last week)

AB Direct - Heifers

Live: ---
Rail: 428.50-430.50 FOB feedlot (last week)

US Trade- Steers

Live: 182.00-184.00 (TX, KN) 184.00-187.00 (NE, IA) last week
Rail: 292.00-295.00 (NE, IA) last week

US Trade - Heifers

Live: 182.00-184.00 (TX, KN) 184.00-187.00 (NE, IA) last week
Rail: 292.00-295.00 (NE, IA) last week

Canadian Dollar

$73.21
0.07

Current Markets & Forecasts

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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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April 12, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of April 11, 2022

Light to moderate volume trade was reported steady with the previous week at $275/cwt delivered and thin comparable live trade developed at $161.50/cwt. Kill dates were spread across the first three weeks of May. Western Canadian fed slaughter for the week ending April 2 surged 11% larger than the previous week to 47,194 head, and…

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April 4, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of April 4, 2022

Last week the Canfax fed steer and heifer price closed around $162.50/cwt, steady with bids and sales during the previous week. Alberta fed prices have averaged in the low $160’s/cwt for the past seven weeks. Dressed sales were reported from $272.00-273.50/cwt FOB lot. Cattle that traded last week were being scheduled for the week of…

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March 28, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 28, 2022

Thankfully the CP Rail lockout was short lived last week and employees were back to work by mid-day Tuesday. The fed market did see disruption with limited orders placed and an overall lack of buying interest. Total sale volumes were too slight to fully establish a weekly price trend, but the underlying tone was generally…

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March 21, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 21, 2022

Cash market buying interest was not surprisingly sluggish last week following the 72-hour CP Rail lockout notice, but moderate volume trade did develop. Dressed prices trended steady to firmer with the bulk of sales reported from $274-275/cwt delivered. Weighted average steer prices closed the week $1.66/cwt higher than the previous week averaging $163.38/cwt and heifers…

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March 14, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 14, 2022

Last week the Canfax fed steer and heifer price closed around $162/cwt, $0.50/cwt lower than the previous week. Competition on the cash market was limited, and with the potential strike at Canadian Pacific Railways one packer was not bidding on cattle last week. Dressed sales were reported from $269.00-273.50/cwt FOB lot. Cattle that traded last…

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March 7, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 7, 2022

Alberta fed prices firmed $1/cwt higher last week with the bulk of sales reported at the top end of the previous week from $274-275/cwt delivered. Thin live steer trade was reported at $162.50/cwt. Heifer sale volumes were slight, but prices were fully comparable with steers. The majority of cattle traded were scheduled for harvest the…

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February 28, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of February 28, 2022

Last week the Canfax fed steer and heifer price closed around $161.75/cwt, $1.75/cwt higher than the previous week. Fed cattle prices have strengthened for three weeks in a row, gaining $5/cwt. Last week dressed sales were reported from $269.00-273.50/cwt FOB lot. Cattle that traded last week were being scheduled for the week of March 28th…

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February 21, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of February 21, 2022

Last week the Canfax fed steer and heifer price closed around $160/cwt, $1.50/cwt higher than the previous week. Last week dressed sales were reported from $267.50-273.50/cwt FOB lot. Cattle that traded last week were being scheduled for the week of March 14 and 21 delivery. The Canfax average feeder steer price closed the week $2/cwt higher…

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Cattle Report

Updated: 29/04/2024

Steers

Live: ---
Rail: 428.50-430.50 FOB feedlot (last week)

Heifers

Live: ---
Rail: 428.50-430.50 FOB feedlot (last week)

Choice Steers

Live: 182.00-184.00 (TX, KN) 184.00-187.00 (NE, IA) last week
Rail: 292.00-295.00 (NE, IA) last week

Choice Heifers

Live: 182.00-184.00 (TX, KN) 184.00-187.00 (NE, IA) last week
Rail: 292.00-295.00 (NE, IA) last week

Boner Cows

Over 500 lbs: 252.49

Canadian Dollar

$73.21   0.07

Livestock Price Insurance Index

Expiry Fed Feeder Calf
22-Jul-24 234 -- --
19-Aug-24 230 332 --
16-Sep-24 228 334 374
14-Oct-24 228 334 378
11-Nov-24 224 332 376
9-Dec-24 226 322 370
- - - -
Last Updated on April 25, 2024

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