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AB Direct - Steers

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AB Direct - Heifers

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US Trade- Steers

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

US Trade - Heifers

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

Canadian Dollar

$73.25
0.00

Current Markets & Forecasts

Bull Head

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April 3, 2023 Current Markets & Forecasts

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

The Canfax fed steer and heifer price closed the week at around $213.50/cwt, $2.75/cwt higher than the previous week. Fed prices have traded higher for 15 consecutive weeks, gaining $31/cwt. Last week, dressed sales were reported from $351.50-360.50/cwt FOB the lot. Most of the cattle that traded were being scheduled for mid-April delivery. Competition on…

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March 27, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 27, 2023

Alberta fed steers climbed over $4/cwt last week and closed at $350.70/cwt dressed in a wide $349-355.50/cwt range FOB the lot. Sale volumes were light with only 3,833 head trading. Repeatability on heifer trade was not fully established. Lift times are one to two weeks out, though some feedlots are opting for May delivery. YTD…

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March 20, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 20, 2023

The Canfax fed steer and heifer price closed the week at around $207/cwt, $3.75/cwt higher than the previous week. Fed prices have traded higher for thirteen consecutive weeks, establishing new record highs. Last week, dressed sales were reported from $345.75-346.50/cwt FOB the lot. Competition on the cash market was limited, with one packer buying most…

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March 13, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 13, 2023

Closing at $203.90/cwt and $210.13/cwt respectively, both Western and Eastern Canadian fed steer prices set new all-time highs. In Western Canada, dressed sales were reported at $342/cwt delivered. Cattle were being scheduled for the second half of March delivery. A few Alberta fed cattle were marketed to the U.S. on a five areas formula basis….

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March 6, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 6, 2023

The Canfax fed steer and heifer price closed the week at around $201/cwt, $3.50/cwt higher than the previous week. Last week dressed sales reported from $335-336.50/cwt FOB lot. Dressed fed cattle prices are within $4/cwt of their all-time highs set back in May 2015. Competition on the cash market was limited with one packer buying…

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February 27, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of February 27, 2023

The Canfax fed steer and heifer price closed the week at around $197.50/cwt, $1.50/cwt higher than the previous week. Fed cattle prices have strengthened for 10 consecutive weeks. Last week dressed sales reported from $330.50-333.50/cwt FOB lot. On most sales, cattle were purchased flat with no heavy-weight carcass discounts. Most of the cattle that traded…

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February 21, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of February 20, 2023

Moderate volume fed trade last week saw dressed prices steady to $3/cwt higher than the previous week. The bulk of sales were reported dressed at $328/cwt delivered in a full $327-328/cwt delivered trade range. U.S. buyers once again procured Canadian cattle on the five-area average. Cash sales also developed at USD $250/cwt delivered and worked…

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February 16, 2023 Current Markets & Forecasts

CME drives fed prices higher, carcass quality higher

The CME live cattle futures market climbed steadily in the last half of 2022. Combined with theweakening Canadian dollar, Alberta fed cattle prices re-visited late 2014 levels, right before the 2015price surge. Alberta fed steers averaged $184/cwt live in December, 15 per cent higher than January. On average, fed steer prices rose 1.3 per cent…

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February 13, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of February 13, 2023

The Canfax fed steer and heifer price closed the week at around $193.50/cwt, $2.50/cwt higher than the previous week. Fed cattle prices have strengthened for nine straight weeks, gaining $12/cwt. Fed prices are within $9/cwt of their all-time highs set back in May 2015. Last week, dressed sales were reported from $323.50-325.50/cwt FOB the lot….

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February 6, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of February 6, 2023

Alberta direct cattle sales saw light volume trade last week, with weighted average steer prices firming almost $2/cwt higher than the previous week. The bulk of sales were reported dressed from $320-321/cwt delivered. Feedlots continued to manage contract inventories and were generally not motivated cash traders. Heifer prices were comparable with steers, but sales were…

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January 30, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of January 30, 2023

The Canfax fed steer price closed the week at around $189.75/cwt, fully steady with the previous week. Last week, dressed sales were reported from $315-318.50/cwt FOB the lot. Cattle were being scheduled anywhere from mid-February to early March delivery. All reported cash sales traded locally, and U.S. packer interest was quiet. On a cash-to-cash basis,…

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January 23, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of January 23, 2023

Alberta direct cattle sales saw moderate volume trade last week, with weighted average steer prices firming $3/cwt higher than the previous week. The bulk of sales were reported dressed from $315-317/cwt delivered. Local live trade was also reported comparable with rail sales at $187.75/cwt. A significant portion of last week’s cash offering traded south at…

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Cattle Report

Updated: 26/04/2024

Steers

Live: ---
Rail: ---

Heifers

Live: ---
Rail: ---

Choice Steers

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

Choice Heifers

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

Boner Cows

Over 500 lbs: 255.54

Canadian Dollar

$73.25   0.00

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
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Last Updated on April 25, 2024

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