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AB Direct - Steers
AB Direct - Heifers
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US Trade- Steers
Live: 222.00 (IA) *few
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US Trade - Heifers
Live: 222.00 (IA) *few
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Canadian Dollar
$71.40
0.12
0.12
Cattle Report
Last Updated: September 22, 2026
Audio Updates
Feeder Report
Slaughter Report
Direct Sales
Alberta direct cattle sales on Monday saw no new trade to report. This week’s showlist has been compiled with volumes larger than the previous week. Last week on a cash-to-cash basis Alberta fed prices were at a $17.00/cwt discount against the US market. For the middle of September this is the weakest basis since 2005. Yesterday the forward delivery calf market was lightly tested with over 4,000 head of calves on offer. AB/SK steers weighing from 500-599lbs for October delivery averaged close to $660.00/cwt while same weight heifers were around $605.00/cwt. Compared to the same sale last year, steer calves are down $42.00/cwt while heifer prices are $390.00/cwt softer.
Canadian Dollar
$71.40 0.12
Steer & Heifer Trade
| Live | Rail | |
|---|---|---|
| Steers | --- | --- |
| Heifers | --- | --- |
AB Cow & Bull Trade
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 200.00-223.00 | 183.00-199.00 | 233.000-241.00 |
US Trade
In the US, light trade was reported in Iowa yesterday with live sales at $222.00/cwt, fully steady with the previous week. This light test of the market does not set a price trend. Significant trade will likely hold off until the second half of this week. Asking prices are poorly defined but are expected to start out around $230.00/cwt on a live basis. Four state showlist volumes have been reported larger. USDA released its September 1st cattle on feed report last Friday and it was viewed as bullish as placements came in well below industry estimates. For August feedlot placements were 9% below last year. For August this was the smallest placement volume on record. September 1st cattle on feed inventories were reported at 11.2 million head, 1% larger than last year.
US Trade
| Live | Rail | |
|---|---|---|
| Choice Steers | 222.00 (IA) *few | --- |
| Choice Heifers | 222.00 (IA) *few | --- |
Chicago Mercantile Exchange
| October | December | February |
|---|---|---|
| 220.07 -0.87 | 221.15 -0.85 | 222.60 -0.50 |
National slaughter cows
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 288.01 |
Replacement Trade
Information provided on this report is supplied by various auction markets throughout Alberta. In reference to the following prices, producers are reminded to check with individual markets on current prices and trends. Prices quoted include top quality cattle only.
| Steer | Heifer | |
|---|---|---|
| 900+ | 450.00-485.00 | 408.00-433.00 |
| 800-900 | 487.00-530.00 | 435.00-455.00 |
| 700-800 | 505.00-546.00 | 454.00-500.00 |
| 600-700 | 533.00-580.00 | 497.00-546.00 |
| 500-600 | 602.00-650.00 | 517.00-582.00 |
| 400-500 | 690.00-765.00 | 597.00-690.00 |
| 300-400 | 795.00-840.00 | 700.00-765.00 |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | --- | 5,500.00-6,000.00 (light volumes) |
Disclaimer: Information on this page is not for further distribution without permission from Canfax
Livestock Price Insurance Index
Last Updated on September 17, 2026. For more information visit lpi.ca
The Cattle Price Insurance Program offers producers the ability to manage their bottom line by purchasing price insurance to provide a floor price on future cattle sales. This is a snapshot of top coverage offered this past week. LPI-Calf is available to purchase from February to June.
| Expiry Date | LPI-Fed Price |
LPI-Feeder Alberta |
LPI-Calf Alberta |
LPI-Feeder SaskMan |
LPI-Calf SaskMan |
|---|---|---|---|---|---|
| 14-Dec-26 | 282 | 438 | -- | 432 | -- |
| 11-Jan-27 | -- | -- | -- | -- | -- |
| 08-Feb-27 | 278 | 432 | -- | 432 | -- |
| 08-Mar-27 | 278 | 430 | -- | 426 | -- |
| 05-Apr-27 | 282 | 426 | -- | 424 | -- |
| 03-May-27 | 288 | 426 | -- | 426 | -- |
| 31-May-27 | 296 | 434 | -- | -- | -- |
