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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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December 5, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of  December 5, 2022

Western Canadian-fed prices have been steady for the past seven weeks, while Ontario and U.S. prices continue to advance. December is traditionally a strong month for the fed cattle market. However, enthusiasm has been muted by smaller fed slaughter volumes during the second half of this year and historically long pick-up times. Last week, dressed…

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November 28, 2022 Current Markets & Forecasts

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

The Canfax fed steer and heifer price closed the week around $182.25/cwt, a couple dollars higher than the previous week. Last week, dressed sales were reported from $302.00-302.50/cwt FOB the lot. Cattle were being scheduled for the first half of January delivery. Light volumes of Alberta-fed cattle traded to the U.S. Depending on freight and…

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November 21, 2022 Current Markets & Forecasts

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

The seasonal shift of leverage from the packer to the cattle feeder has not materialized, as packers continue to have the upper hand on the market. Packers were also limiting the amount of cattle they were buying from each producer. Dressed sales ranged from $304-305/cwt, $1-4/cwt higher than the previous week. Cattle were being booked…

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November 7, 2022 Current Markets & Forecasts

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

Alberta fed prices have been disappointing relative to the U.S. market and a historically weak fed basis. Last week’s cash market did however establish new annual price highs. Dressed sales were reported at $304/cwt delivered, with cattle being scheduled for mid-December delivery. U.S. packer interest was quiet with no reported trade going south. For the…

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October 31, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of October 31, 2022

The Canfax fed steer and heifer price closed the week at $181/cwt, $1/cwt higher than the previous week. Last week, dressed sales were reported from $300.00-300.50/cwt FOB the lot. Pick up dates were all over the map depending on which packer bought the cattle. Cattle were being scheduled anywhere from late November to mid-December delivery….

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October 24, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of October 24, 2022

Dressed sales last week were mostly reported at $302/cwt delivered. Cattle that traded were scheduled for late November/early December delivery. Light volumes of Alberta cattle traded to the U.S.; depending on freight and dressing percentage, cattle were working back to the $186/cwt area FOB the lot. Sales to the U.S. were at a premium over…

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October 19, 2022 Current Markets & Forecasts

Supplies start to tighten heading into the second half of 2022

Cattle on feed numbers have started to tighten with smaller placements in June and July, resulting in the August 1st inventories being below year ago levels for the first time in over a year. While they remain above the five-year average, fed cattle marketings are expected to tighten throughout the second half of the year…

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October 11, 2022 Checking in with ABP

Canfax Weekly Article | Report for the week of October 10, 2022

For the beginning of October, both the cash-to-cash and cash-to-futures basis are the weakest since 2005. Weaker basis levels aside, the fed market did set a new record price high for the month of October. It is very uncommon to see annual highs in October as this has only happened three time over the past…

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October 3, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of October 3, 2022

The Canfax fed steer and heifer price closed around $179.50/cwt, $1.75/cwt lower than the previous week. Last week, dressed sales were reported from $298.50-303.50/cwt FOB the lot. All three western Canadian packer bought cattle last week. Most of the cattle that traded were being scheduled for the first half of November delivery. The Alberta fed…

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September 26, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of September 26, 2022

Alberta direct fed cattle sales clambered higher again last week to establish a new annual high. Steer prices were the strongest seen since May 2017. The bulk of sales were reported dressed from $300-305/cwt delivered. Light live trade was fully comparable with rail sales. Feedlots were motivated sellers, marketing heavier cattle in anticipation of future…

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September 19, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of September 12, 2022

Traditionally this is the time of the year the fed market is putting in its summer low, instead the Western Canadian fed market continues to grind higher setting new annual price highs. Weekly dressed sales were reported from $302-304/cwt delivered, cattle that traded last week were being scheduled for the week of October 17th delivery….

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September 12, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of September 12, 2022

The Canfax fed steer and heifer price closed around $179.50/cwt, fully steady with the previous week. Last week, dressed sales were reported from $299.50-301.50/cwt FOB the lot. Lift times were all over the map depending on who bought the cattle. Cattle that traded last week were being scheduled for late September/mid-October delivery. The Alberta fed…

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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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