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AB Direct - Steers
AB Direct - Heifers
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US Trade- Steers
Live: 182.00 (TX, KN)
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US Trade - Heifers
Live: 182.00 (TX, KN)
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Canadian Dollar
$73.01
0.02
0.02
Current Markets & Forecasts
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December 11, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of December 11, 2023
Alberta steers averaged $374-$377/cwt FOB last week, $6-7/cwt lower than the previous week’s tone. Live weighted average prices in Alberta were steady to $4/cwt lower than the previous week’s tone, with steers at $225/cwt. Packers appear well positioned with cattle moving through December. Delivery dates are well into the new year. Steer carcass weights in…
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December 4, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of December 4, 2023
Sale volumes were too light to establish a weighted average fed price. Last week, dressed sales and bids were reported from $378-383/cwt delivered, $2/cwt lower than the previous week. Tentatively fed cattle prices are at the lowest point since April. From a supply perspective, fed calf supplies have started to wind down, while yearling numbers…
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November 27, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of November 27, 2023
Alberta fed prices continued to trend contra seasonally lower last week on waning cash market leverage. The bulk of trade was reported dressed from $380-385/cwt delivered, steady to $5/cwt lower than previous week rail bids. Light live trade was also reported at $226/cwt freight on board (FOB) the feedlot. Weighted average steer prices eased $1.46/cwt…
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November 20, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of November 20, 2023
Sale volumes were too light to establish a weighted average fed price, but the market tone was steady to slightly lower. Last week dressed sales and bids were marked at $385/cwt delivered. Cattle that traded were being scheduled for early January delivery. Competition on the cash market has been limited, in some instances packers were…
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November 14, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of November 14, 2023
Following 12 weeks of static pricing, average Alberta fed steer prices slipped to a 28-week low. A combination of negative packer margins, increased formula price commitments, and concerns of recessionary reduced demand, all contributed to softer North American fed cattle prices. Scattered light dressed trade was $3-5/cwt lower than the previous week from $385-387/cwt delivered,…
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November 6, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of November 6, 2023
Sale volumes were too light to establish a weighted average fed price, but the market tone was steady. Dressed sales and bids were marked at $390/cwt delivered. Light volumes of Western Canadian fed cattle were marketed into the U.S. These cattle were committed to the U.S. packer on a formula price. Last week the Alberta…
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October 30, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of October 30, 2023
The Alberta fed market has now been range bound for 10 straight weeks and prices once again trended sideways. Dressed sales were marked at $390/cwt delivered and thin reported live trade was generally comparable. The weighted average steer price closed the week at $232.53/cwt. Heifer trade was limited and a weekly price trend was not…
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October 10, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of October 9, 2023
The Canfax fed steer and heifer price closed the week around $232.75/cwt, $0.50/cwt higher than the previous week. Fed cattle prices are $52/cwt higher than last year. Competition on the cash market was decent, with all three Western Canadian packers buying cattle. Last week, dressed sales were reported from $387.75‑389.50/cwt FOB the lot. Cattle that…
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October 5, 2023
Current Markets & Forecasts
Canfax Cattle Market Update | Fed market taking a breath, first half feedlot placements lower
Alberta fed steer prices climbed week over week for almost the entire first half of 2023, with only two of 26 weeks where prices slipped from the previous week. New all-time high prices near $248/cwt (live) were established in June. However, since the beginning of July and through the entire month of August, fed steer…
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October 3, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of October 2, 2023
Light Alberta cash trade saw dressed prices fully steady with the previous week at $390/cwt delivered. Weighted average steer prices closed the week fully steady at $232.80/cwt. Following previous large heifer marketings, heifer trade was limited last week, and a price trend was not established. All major packers procured cattle, and delivery dates varied from…
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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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Cattle Report
Updated: 25/04/2024
Steers
Live: ---
Rail: ---
Heifers
Live: ---
Rail: ---
Choice Steers
Live: 182.00 (TX, KN)
Rail: ---
Choice Heifers
Live: 182.00 (TX, KN)
Rail: ---
Boner Cows
Over 500 lbs: 255.08
Canadian Dollar
$73.01 0.02
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
