Alberta and Saskatchewan direct cattle sales this week saw light trade develop with dressed sales ranging from $580.00-590.00/cwt delivered, $5.00-10.00/cwt higher the previous week. Cattle that traded were being scheduled anywhere from the first half of June to mid July delivery depending on the packer. US packer interest was noted, US bids were being reported around $350/cwt (live) FOB the feedlot. US bids were comparable with local sales and most cattle ended up trading locally. For the most part this week’s cash offering has been cleaned up.
$72.55 0.14
| Live | Rail | |
|---|---|---|
| Steers | --- | 580.00-590.00 del |
| Heifers | --- | 580.00-590.00 del |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 256.00-281.00 | 230.00-245.00 | 281.00-315.00 |
In the US light trade was reported in Nebraska yesterday with dressed sales at $405.00/cwt, steady with prices seen earlier in the week and $3.00-10.00/cwt lower than last week. Yesterday live bids of $253.00/cwt were being reported in all major feeding states. Bids were $7.00/cwt lower compared to the bulk of sales seen last week. In general sale volumes are still very light and buying interest will improve over the next couple of hours. Dressed bids of $405.00/cwt have been renewed in the Northern feeding states with no selling interest. The June live cattle contract is trading at a sizable discount to the cash market. The question being asked right now, will the futures market rally towards the cash market, or will the cash market decline and move towards the futures market?.
| Live | Rail | |
|---|---|---|
| Choice Steers | --- | 405.00 (NE) |
| Choice Heifers | --- | 405.00 (NE) |
| June | August | October |
|---|---|---|
| 251.17 +0.25 | 242.77 +0.27 | 234.12 +0.15 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 335.65 |
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+ | 457.00-466.00 | 429.00-443.00 |
| 800-900 | 505.00-518.00 | 452.00-475.00 |
| 700-800 | 540.00-554.00 | 477.00-506.00 |
| 600-700 | 600.00-620.00 | 540.00-572.00 |
| 500-600 | 682.00-745.00 | 597.00-640.00 |
| 400-500 | 740.00-805.00 | 637.00-725.00 |
| 300-400 | --- | 685.00-840.00 |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | --- | 5,950-7,000 (middle aged to mature cow cow/calf pairs), First calf heifers with good calves at their side traded up to 7,900/pair |
Disclaimer: Information on this page is not for further distribution without permission from Canfax
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 |
|---|---|---|---|---|---|
| 24-Aug-26 | 314 | 476 | -- | 486 | -- |
| 21-Sep-26 | 308 | 474 | 606 | 480 | 576 |
| 19-Oct-26 | 300 | 470 | 594 | 472 | 568 |
| 16-Nov-26 | 290 | 460 | 586 | 452 | 560 |
| 14-Dec-26 | 292 | 448 | 582 | 448 | 568 |
| 08-Feb-27 | 288 | 444 | 590 | 456 | 560 |
| - | - | - | - | - | - |
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