Feeder Report
Slaughter Report
Alberta direct cattle sale on Tuesday saw no new trade to report, but there is a good chance scattered trade will develop by this afternoon. This week we are dealing with a very current cash offering. Over the past couple of weeks Alberta fed prices have been trading at a premium over the Eastern Canadian market. Canadian beef exports for the month of January were 8% lower than last year. Less beef ended up being shipped to our two largest markets, the US and Japan. The bright spot for Canadian beef exports was Mexico and Taiwan with exports running above last year and the five-year average. Canadian beef exports to Mexico were the largest since 2010.
$73.22 0.08
| Live | Rail | |
|---|---|---|
| Steers | --- | --- |
| Heifers | --- | --- |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 227.00-244.00 | 212.00-225.00 | 249.00-266.00 |
In the US, there is no new trade to report and no bids to speak of today. Packer margins have improved and buying interest could start to pick up. Beef cutout values have advanced over the past couple of weeks. Choice cutout values are roughly $10.00/cwt shy of their highs set back in September while Select cutout values are the highest since May 2020. Looking at the futures market one can’t help but notice the discount being priced into the deferred live cattle contracts. It is rare to see the December contract trading at a discount to August.
| Live | Rail | |
|---|---|---|
| Choice Steers | --- | --- |
| Choice Heifers | --- | --- |
| April | June | August |
|---|---|---|
| 234.90 -0.32 | 233.40 -0.30 | 231.07 -0.25 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 316.57 |
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+ | 448.00-468.00 | 430.00-441.00 |
| 800-900 | 475.00-520.00 | 460.00-472.00 |
| 700-800 | 521.00-559.00 | 481.00-527.00 |
| 600-700 | 609.00-638.00 | 553.00-606.00 |
| 500-600 | 670.00-726.00 | 603.00-635.00 |
| 400-500 | 765.00-771.00 | 650.00-695.00 |
| 300-400 | --- | --- |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | --- | Traded up to 7,500/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 |
|---|---|---|---|---|---|
| 08-Jun-26 | 302 | 456 | -- | -- | -- |
| 06-Ju-26 | 296 | -- | -- | -- | -- |
| 03-Aug-26 | 294 | -- | -- | -- | -- |
| 31-Aug-26 | 286 | 452 | 454 | 454 | -- |
| 28-Sep-26 | 284 | 452 | 450 | 450 | 576 |
| 26-Oct-26 | 278 | 446 | 444 | 444 | 574 |
| 23-Nov-26 | 274 | 436 | 434 | 434 | 574 |
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