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AB Direct - Steers

Live: 280.00 FOB feedlot, last week
Rail: 448.50-453.00 FOB feedlot, last week

AB Direct - Heifers

Live: 280.00 FOB feedlot, last week
Rail: 448.50-453.00 FOB feedlot, last week

US Trade- Steers

Live: 210.00 (TX, KN) 212.00-215.00 (IA, NE) last week
Rail: 332.00-335.00 (IA, NE) last week

US Trade - Heifers

Live: 210.00 (TX, KN) 212.00-215.00 (IA, NE) last week
Rail: 332.00-335.00 (IA, NE) last week

Canadian Dollar

$70.17
0.17

Cattle Report

Last Updated: 24/03/2025

Audio Updates

Feeder Report

Slaughter Report

Direct Sales

Alberta direct cattle sales last week saw light trade develop weighted average steer and heifer prices closing the week around $270.00/cwt, $1.00/cwt higher than the previous week. Fed prices are within $5.00/cwt of their highs set back in February. Butcher cows traded $5.00-8.00/cwt higher through commercial auction facilities last week, establishing new record highs. Seasonally non-fed volumes have tightened, and slaughter volumes continue to run below year ago levels. Butcher bulls are trading $54.00/cwt or $1,000/head higher than last year. Higher salvage prices are supporting purebred bull sales.

 

 

 

Canadian Dollar

$70.17   0.17

Steer & Heifer Trade

Live Rail
Steers 280.00 FOB feedlot, last week 448.50-453.00 FOB feedlot, last week
Heifers 280.00 FOB feedlot, last week 448.50-453.00 FOB feedlot, last week

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
208.00-223.00 185.00-200.00 239.00-269.00

US Trade

In the US, trade was delayed until Friday, dressed sales in Iowa and Nebraska ranged from $332.00-335.00/cwt, $7.00-10.00/cwt higher than the previous week. Live sales in the Northern feeding states were from $212.00-215.00/cwt, while sales in Texas and Kansas were at $210.00/cwt, $7.00-9.00/cwt stronger. USDA released its March 1st cattle on feed report last Friday and was viewed as slightly bullish as feedlot placements came in below pre-report estimates. In February placements were 18% below last year, year over year the largest declines were in Texas and Kansas. March 1st cattle on feed inventories are 2% below last year.

US Trade

Live Rail
Choice Steers 210.00 (TX, KN) 212.00-215.00 (IA, NE) last week 332.00-335.00 (IA, NE) last week
Choice Heifers 210.00 (TX, KN) 212.00-215.00 (IA, NE) last week 332.00-335.00 (IA, NE) last week

Chicago Mercantile Exchange

April June August
207.62, +0.67 203.87 +1.10 200.65 +1.30

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. 270.42

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+ 362.00-366.00 316.00-318.00
800-900 375.00-393.00 333.00-361.00
700-800 405.00-421.00 365.00-394.00
600-700 444.00-467.00 398.00-438.00
500-600 503.00-536.00 445.00-497.00
400-500 --- ---
300-400 --- ---
Bred Cows Bred Heifers Cow/Calf Pairs
--- 4,000-5,600/head ---

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

Livestock Price Insurance Index

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
26-May-25 268 374 -- 370 --
23-Jun-25 270 370 -- -- --
21-Jul-25 262 -- -- -- --
18-Aug-25 258 374 -- 370 --
15-Sep-25 256 378 -- 376 --
13-Oct-25 254 274 436 374 442
10-Nov-25 250 370 432 368 442
Last Updated on February 27, 2025. For more information visit lpi.​ca