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AB Direct - Steers

Live: 236.00-240.00 FOB lot (last week)
Rail: 378.50-388.50 FOB lot (last week)

AB Direct - Heifers

Live: 236.00-240.00 FOB feedlot (last week)
Rail: 378.50-388.50 FOB feedlot (last week)

US Trade- Steers

Live: 186.00 (KN), 187.00-188.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week

US Trade - Heifers

Live: 186.00 (KN), 187.00-188.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week

Canadian Dollar

$73.81
0.04

Issues & Insights

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March 11, 2024 Issues & Insights

U.S. finalizes country-of-origin labelling rule

The United States Department of Agriculture (UDSA) has officially changed its voluntary “Product of the USA” labeling regulations, as of March 11, 2024. The rule states that to qualify for the label meat must be derived from animals born, raised, slaughtered and processed in the U.S. The Canadian Cattle Association (CCA) says they are disappointed…

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March 5, 2024 Business Tools

Livestock receipts rose 9.8 per cent in 2023: Statistics Canada

Both livestock and crop receipts experienced an increase from January to December 2023, according to Statistics Canada (StatsCan). Livestock receipts experienced a 9.8 per cent increase in 2023, reaching $37.3 billion, while total crop receipts saw a 2.0 per cent increase, reaching $54.9 billion compared to the previous year. The cattle industry accounted for over…

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February 27, 2024 Current Markets & Forecasts

Canadian cattle herd continues to decline, says StatsCan

Statistics Canada (StatsCan) has released its latest report on Canadian livestock inventories. As of January 1, 2024, Canadian cattle, hog, and sheep inventories were down compared with the same date one year earlier. According to StatsCan, Canadian farmers held 11.1 million cattle and calves on their farms on January 1, 2024, which is down 2.1…

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February 23, 2024 Business Tools

New report projects job vacancies will surpass 100,000 by 2030 as nearly one-third of agri-workforce retires

At a time when Canadian agriculture continues to struggle with a chronic worker shortage, new data from the Canadian Agricultural Human Resource Council (CAHRC) has found that by the year 2030, there will be more than 100,000 vacant jobs to fill in the industry.  This labour market supply and demand forecast is a study conducted by The…

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February 14, 2024 Innovation & Technology

Urging a guidance-filled approach to wind energy land leases

Always access team support from an informed, knowledgeable lawyer and a trusted accountant when considering entering into a land lease with outside parties. Like their solar energy counterparts, wind energy companies are also dangling figurative carrots in front of Alberta’s landowners hoping to secure leases for wind infrastructure projects. And like solar leases, arrangements with…

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February 7, 2024 Business Tools

Elanco Canada launches new sustainability initiative

Elanco Canada – a subsidiary of a global animal health leader Elanco Animal Health – has announced the launch of a farm animal sustainability initiative, Leave it Better. Following its launch in the United States in 2022, Leave it Better will unite the scope of Elanco Canada’s sustainability work with pork, poultry, beef and dairy…

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January 29, 2024 Checking in with ABP

Canadian beef producers stand behind negotiators at the Canada-UK bilateral negotiations

The Canadian Cattle Association (CCA) is disappointed, but not surprised by the decision of the United Kingdom (UK) to pause the bilateral free trade negotiations between the UK and Canada. Canadian cattle producers stand behind the Government of Canada’s approach of drawing a hard line in the negotiations and defending Canadian beef producers. “CCA has…

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January 25, 2024 Business Tools

Livestock drought assistance expanding to new regions in Alberta

The 2023 Canada-Alberta Drought Livestock Assistance initiative is expanding eligibility to 23 new regions and extending the application deadline. Livestock producers in eligible regions who altered their usual grazing practices due to drought conditions for more than 21 days this season can apply for financial support to cover losses incurred to manage and maintain female…

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January 23, 2024 Checking in with ABP

Survey: Attitudes and motivations around cattle handling and training

Are you involved with handling beef cattle in Western Canada? Researchers from the University of Calgary are looking for cow-calf producers and stock people/handlers, older than 18 years, with cattle handling experience in Western Canada, to participate in a short survey to explore their cattle handling experiences and perspectives on handling training. By participating, you…

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January 22, 2024 Inspiration

Agricultural leader Mary Robinson appointed to Senate of Canada

Mary Robinson has been appointed as an independent senator in Prince Edward Island. Robinson is recognized globally for the work she has done across the agricultural sector. Past President of the Canadian Federation of Agriculture, Robinson is a proud Atlantic Canadian. She currently serves as the Vice President of the World Farmers’ Organization and is…

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January 18, 2024 Health & Production

Canadian Roundtable for Sustainable Beef releases second sustainability assessment

The Canadian Roundtable for Sustainable Beef (CRSB) released its second and highly anticipated National Beef Sustainability Assessment (NBSA) and Strategy report. The assessment reflects three years of in-depth scientific analysis and highlights the Canadian beef sector’s progress between 2014 and 2021 on sustainability indicators like greenhouse gas emissions, biodiversity, carbon storage, human health and safety,…

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January 10, 2024 Business Tools

Survey: Alberta Farm Mental Health

To get a better picture of Alberta farmers and ranchers’ mental health needs and struggles, AgKnow is launching a Farm Mental Health Survey. The survey, according to AgKnow, is to help drive change in mental health support for farming communities across the province. “Your responses pave the way for tailored support programs that directly address…

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Cattle Report

Updated: 18/03/2024

Steers

Live: 236.00-240.00 FOB lot (last week)
Rail: 378.50-388.50 FOB lot (last week)

Heifers

Live: 236.00-240.00 FOB feedlot (last week)
Rail: 378.50-388.50 FOB feedlot (last week)

Choice Steers

Live: 186.00 (KN), 187.00-188.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week

Choice Heifers

Live: 186.00 (KN), 187.00-188.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week

Boner Cows

Over 500 lbs: 235.97

Canadian Dollar

$73.81   0.04

Livestock Price Insurance Index

Expiry Fed Feeder Calf
3-June-2024 236 336 --
1-July-2024 236 340 --
29-July-2024 232 -- --
26-August-2024 230 342 --
23-September-2024 230 344 382
21-October-2024 228 344 384
18-November-2024 226 340 380
Last Updated on March 7, 2024

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