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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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June 20, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 20, 2022

Alberta fed cattle prices set a new annual high last week, seeing the strongest weighted average prices since May 2017. Steer trade volumes were moderate, but heifer volumes were too slight to fully establish a weekly price trend. Most trade was reported steady to $4/cwt higher than the previous week dressed in a tight $292-294/cwt…

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June 6, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 6, 2022

Last week’s large speculative cash offering saw lackluster buying interest, and procurement volumes were limited. The bulk of dressed sales were reported steady to $2/cwt lower than the previous week at $288-289/cwt delivered. Weighted average prices were generally $1/cwt lower than the previous week. June kill schedules have been booked up and deliveries are now…

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May 30, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 30, 2022

Last week, Canfax fed steer and heifer price closed around $172/cwt, $1/cwt lower than the previous week. This is the first time in nine weeks that fed prices have been lower. Alberta fed prices are trading at a discount to both the Ontario and US markets. Last week, dressed sales were reported from $286.50-288.50/cwt FOB…

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May 24, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 23, 2022

The majority of trade last week was reported dressed from $288-293/cwt delivered and comparable live trade was reported at $172.50/cwt. Steer prices firming over $1/cwt higher to average $173.42/cwt. Western Canadian fed slaughter for the week ending May 14th was 7% larger than the previous week, totaling 45,376 head. YTD Western fed slaughter volume was…

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May 16, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 16, 2022

Last week, Canfax fed steer and heifer price closed around $171.75/cwt, $2/cwt higher than the previous week. The last time fed prices averaged over $170/cwt was back in June 2017. Last week dressed sales were reported from $285.00-288.50/cwt FOB the lot. Cattle that traded last week were being scheduled for the first half of June…

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May 11, 2022 Current Markets & Forecasts

Strong demand supporting cattle prices while feed grains pressure cost of production

Ample fed supplies have continued to move through the system with strong slaughter levels in the first quarter. Strong domestic and international demand has kept fed prices above last year’s levels and the five-year average. Although cash fed prices have not been high enough for feedlots to be profitable, fed prices are in-line with 2017…

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May 9, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 9, 2022

Good demand was observed on last week’s large cash offering and prices trended fully steady with the previous week. Most sales were reported in a tight $284-286/cwt delivered trade range. Weighted average steers were the strongest weekly average reported since June 2017. Most cattle priced last week were scheduled for the first week of June…

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May 2, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of May 2, 2022

Last week, Canfax fed steer and heifer prices closed around $169.25/cwt, $2/cwt higher than the previous week. Fed prices are $11/cwt higher than last year and $15/cwt higher than the five-year average. Competition on the cash market was mixed, with one packer buying most of the cattle. Dressed sales were reported from $280.50-282.50/cwt FOB the…

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April 25, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of April 25, 2022

A large mix of fed calves and yearlings were on offer last week and weighted average steer priced rallied over $2/cwt higher than the previous week. The bulk of weekly trade was reported $3-5/cwt higher than the previous week dressed in a tight $280-282/cwt delivered trade range. Light live trade was reported at $164.50/cwt. Kill…

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April 18, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of April 18, 2022

Last week the Canfax fed steer and heifer price closed around $164.50/cwt, $1.50/cwt higher than the previous week. New annual price highs were established last week. Dressed sales were reported from $274.00-275.50/cwt FOB lot. Cattle that traded last week were being scheduled for late May/early June delivery. Alberta fed cash to futures basis weakened going…

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April 12, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of April 11, 2022

Light to moderate volume trade was reported steady with the previous week at $275/cwt delivered and thin comparable live trade developed at $161.50/cwt. Kill dates were spread across the first three weeks of May. Western Canadian fed slaughter for the week ending April 2 surged 11% larger than the previous week to 47,194 head, and…

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April 4, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of April 4, 2022

Last week the Canfax fed steer and heifer price closed around $162.50/cwt, steady with bids and sales during the previous week. Alberta fed prices have averaged in the low $160’s/cwt for the past seven weeks. Dressed sales were reported from $272.00-273.50/cwt FOB lot. Cattle that traded last week were being scheduled for the week of…

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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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