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AB Direct - Steers

Live: ---
Rail: 560.00-565.00 FOB feedlot (last week)

AB Direct - Heifers

Live: ---
Rail: 560.00-565.00 FOB feedlot (last week)

US Trade- Steers

Live: 256.00-258.00 (TX, KS), 258.00-260.00 (NE) last week
Rail: 402.00 (NE, IA) last week

US Trade - Heifers

Live: 256.00-258.00 (TX, KS), 258.00-260.00 (NE) last week
Rail: 402.00 (NE, IA) last week

Canadian Dollar

$73.33
0.12

Cattle Report

Last Updated: May 11, 2026

Audio Updates

Feeder Report

Slaughter Report

Direct Sales

Alberta direct cattle sales last week saw light trade develop with weighted average steer and heifer prices closing the week around $338.00/cwt, $3.00/cwt higher than the previous week. Fed cattle prices did establish new record highs. Last week butcher cows traded steady through commercial auction facilities. Compared to a month ago, there has been an uptick in non-fed volumes, as a few more calving culls could be hitting the market. On a cash-to-cash basis Alberta cow prices are trading at roughly an $8.00/cwt premium against the US market. The largest premium seen this year.

 

 

 

Canadian Dollar

$73.33   0.12

Steer & Heifer Trade

Live Rail
Steers --- 560.00-565.00 FOB feedlot (last week)
Heifers --- 560.00-565.00 FOB feedlot (last week)

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
240.00-265.00 220.00-235.00 277.00-311.00

US Trade

In the US, most of the trade took place on Thursday. Dressed sales in Iowa and Nebraska were at mostly $402.00/cwt, $2.00/cwt higher than the previous week. Live sales in the North were from $258.00-260.00/cwt, $3.00/cwt stronger. Sales in Texas and Kansas were from $256.00-258.00/cwt, anywhere from steady to $5.00/cwt higher. US beef exports for the month of March were 20% below last year. The bulk of the decline was related to China. YTD beef exports to their top trading partners are running below last year (Japan and South Korea).  The bright spot for US beef exports has been Hong Kong. US Beef exports to Hong Kong are 118% higher than last year.

US Trade

Live Rail
Choice Steers 256.00-258.00 (TX, KS), 258.00-260.00 (NE) last week 402.00 (NE, IA) last week
Choice Heifers 256.00-258.00 (TX, KS), 258.00-260.00 (NE) last week 402.00 (NE, IA) last week

Chicago Mercantile Exchange

June August October
249.85 +0.95 244.87 +0.77 239.15 +0.85

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. 330.00

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+ 459.00-468.00 458.00-465.00
800-900 504.00-520.00 470.00-486.00
700-800 542.00-570.00 502.00-530.00
600-700 610.00-662.00 579.00-640.00
500-600 696.00-735.00 620.00-665.00
400-500 780.00-837.00 669.00-730.00
300-400 --- ---
Bred Cows Bred Heifers Cow/Calf Pairs
--- --- 8,000-8,100/pair

Disclaimer: Information on this page is not for further distribution without permission from Canfax

Livestock Price Insurance Index

Last Updated on May 7, 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
03-Aug-26 322 -- -- -- --
31-Aug-26 314 488 -- 494 --
28-Sept-26 310 486 592 490 600
26-Oct-26 302 480 588 482 594
23-Nov-26 296 472 582 472 592
21-Dec-26 300 468 584 470 596
18-Jan-26 296 468 -- -- --

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