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AB Direct - Steers

Live: ---
Rail: 400.00 del

AB Direct - Heifers

Live: ---
Rail: 400.00 del

US Trade- Steers

Live: 185.00 (TX, KN)
Rail: 298.00 (NE)

US Trade - Heifers

Live: 185.00 (TX, KN)
Rail: 298.00 (NE)

Canadian Dollar

$73.83
0.09

Current Markets & Forecasts

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July 31, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 31, 2023

From their highs in late June, fed cattle prices have declined $12/cwt. The leverage shift from cattle feeder to packer is seasonally occurring, reflected in softer prices and weaker basis levels. That said, fed prices for July will average around $240/cwt, the second-highest monthly price on record. Dressed sales were reported at mostly $395/cwt delivered….

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July 24, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 24, 2023

Western Canadian fed cattle prices continued to soften as we head into the dog days of summer. This is not unusual; between June and August, fed steer prices have softened in seven of the last ten years, and 13 of the last 20 years. Steers eased $1.50/cwt lower to $238/cwt, and heifers were down $1/cwt…

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July 17, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 17, 2023

Since the start of January, fed prices have rallied 33%, the third-largest first half of the year price rally over the past 50 years. The fed market has just recently exhausted its upward climb, as prices have declined around $8/cwt over the past three weeks. The last time fed prices declined for three consecutive weeks…

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July 10, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 10, 2023

The Canfax fed steer price closed the week at around $242/cwt, $2.50/cwt lower than the previous week. This is the second week in a row that prices have declined. Last week, dressed sales were reported at mostly $406/cwt delivered. Most of the cattle that traded were scheduled for early August delivery. Alberta fed cash-to-futures basis…

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July 4, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 3, 2023

The Canfax fed steer price closed last week at around $244.75/cwt, $3/cwt lower than the previous week. Fed prices dipped lower after eight straight weeks of stronger prices. The bulk of trade occurred from $407-410/cwt delivered. Kill schedules remain from immediate to five weeks out. Fed cattle/cow exports to the U.S. for the week of…

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June 29, 2023 Current Markets & Forecasts

Grasser market reaches new highs

Cow-calf pairs and yearling grassers are working away, turning marginal land and perennial grasses into high-value food for Canadian consumers. Now that calving and planting are in the rear-view mirror, talk has turned to expectations for the calf and feeder market this fall. The Canadian beef cow herd as of January 1 is down 2.5…

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June 26, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 26, 2023

The Canfax fed steer price closed the week at around $246.75/cwt, $0.50/cwt higher than the previous week. The story has pretty much been the same over the past few weeks – higher prices and new record highs. Last week, dressed sales were reported from $409.25-413.50/cwt FOB the feedlot. Cattle that traded were being scheduled anywhere…

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June 19, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 19, 2023

Fed cattle supplies are the most current they have been in some time. Feedlot margins have just recently turned positive. Steer and heifer calves (550lb) placed in September 2022 and sold on the cash market in June 2023 are $300-400/head positive. For the month of June, this stands as the fourth-highest return for steer and…

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June 12, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 12, 2023

The Canfax fed steer price closed the week at around $245.50/cwt, $3.75/cwt higher than the previous week. Over the past six weeks, fed prices have rallied $20/cwt. Last week, dressed sales were reported $406.50-410.50/cwt FOB the feedlot. Cattle that traded were being scheduled anywhere from immediate delivery to the first half of July delivery. Feedlot…

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June 5, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 5, 2023

Fed cattle prices once again established new highs, and weighted average steer prices closed above $240/cwt. Competition on the cash market was good, with both major packers buying cattle. Dressed sales were reported from $400-405/cwt delivered. Most of the cattle that traded would be picked up in one to two weeks. There were a few…

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May 29, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 29, 2023

The Canfax fed steer and heifer price closed the week at around $237.25/cwt, $2/cwt higher than the previous week. Fed prices have strengthened in 22 out of the past 23 weeks. Last week, dressed sales were reported $395.50-398.50/cwt FOB the feedlot. Cattle that traded were being scheduled anywhere from immediate delivery to the second half…

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May 23, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 22, 2023

The Western Canadian fed market still has wind in its sails, whereas this has not necessarily been the case for Ontario and the U.S., as both of these markets have either traded steady or lower. Trading $5.50/cwt higher, Western Canadian fed prices averaged over $237/cwt. With higher prices and stronger basis levels, producers did end…

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Cattle Report

Updated: 28/03/2024

Steers

Live: ---
Rail: 400.00 del

Heifers

Live: ---
Rail: 400.00 del

Choice Steers

Live: 185.00 (TX, KN)
Rail: 298.00 (NE)

Choice Heifers

Live: 185.00 (TX, KN)
Rail: 298.00 (NE)

Boner Cows

Over 500 lbs: 246.33

Canadian Dollar

$73.83   0.09

Livestock Price Insurance Index

Expiry Fed Feeder Calf
24-Jun-24 232 326 --
22-Jul-24 228 -- --
19-Aug-24 226 326 --
16-Sept-24 224 330 372
14-Oct-24 224 332 378
11-Nov-24 222 330 376
9-Dec-24 222 320 370
Last Updated on March 28, 2024

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