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Current Markets & Forecasts

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July 7, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 7, 2025

The Canfax average fed steer and heifer price closed around $296.75/cwt live, $1/cwt lower than previous week. Fed prices have declined for three consecutive weeks. Light trade was reported last week with dressed sales reported from $494.50-498.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. Cattle that traded were being scheduled…

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June 30, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 30, 2025

Alberta fed prices have a modest pullback over the past couple of weeks, but prices continue to remain historically strong, and basis levels have also strengthened. Fed prices closed the week trading in the high $290s/cwt. Dressed sales were reported from $498.00-$503.00/cwt delivered. Buying interest was noted from all Western Canadian packers. U.S. interest was…

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June 23, 2025 Current Markets & Forecasts

USDA reports decline in cattle on feed

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…

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June 23, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 23, 2025

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…

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June 19, 2025 Current Markets & Forecasts

Western Canadian cattle dynamics impacted by tariffs

Market fundamentals continue to point to a bullish outlook for the Canadian beef industry in 2025, though significant volatility has already been noted. Feeder cattle contracts responded negatively to the imposition of tariffs on April 2, with the April contract declining 1,100 points by April 7. Stock and futures markets remained on the defensive as…

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June 16, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 16, 2025

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….

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June 9, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 9, 2025

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…

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June 3, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 2, 2025

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…

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May 26, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 26, 2025

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…

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May 20, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 20, 2025

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…

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May 12, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 12, 2025

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…

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May 5, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 5, 2025

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…

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Featured

  • Delegate nominations open for 2026

    If you are passionate about Alberta’s cattle industry, 18 years or older, and have paid check-off in the last two years, consider running as a delegate in your zone.

    Learn More

Cattle Report

Updated: October 9, 2025

Steers

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Heifers

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Choice Steers

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Choice Heifers

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Boner Cows

Over 500 lbs: 307.59

Canadian Dollar

$71.68   0.20

Livestock Price Insurance Index

Expiry Fed Feeder Calf
05-Jan-26 -- -- --
02-Feb-26 310 496 --
02-Mar-26 310 492 --
30-Mar-26 310 486 --
27-April-26 318 488 --
25-May-26 326 490 --
22-Jun-26 322 482 --
Last Updated on October 9, 2025