Feeder Report
Slaughter Report
Alberta direct cattle sales on Monday saw no new trade to report, showlist volumes are larger than the previous week. Alberta fed basis levels historically strengthen from October to November. Western Canadian fed slaughter for the week ending October 24th totaled just over 43,000 head, 27% larger than last year. For the end of October this is the largest slaughter volume since 2021. Over the past few weeks, the Canadian dollar has rallied 150 basis points. For every one-hundred-point move on the Canadian dollar can impact fed prices by $4.00/cwt on a live basis.
$71.65 0.03
| Live | Rail | |
|---|---|---|
| Steers | --- | --- |
| Heifers | --- | --- |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 202.00-225.00 | 175.00-200.00 | 228.000-235.00 |
In the US, there is no new trade to report, and significant trade will likely be delayed until the second half of this week. Asking prices are poorly defined but are expected top start out around $230.00/cwt on a live basis. Four state showlist volumes have been reported smaller with the largest week over week declines in fed supplies noted in the Southern US. Mexican feeder cattle imports have steadily increased over the past month. It is estimated by the end of this year around 150,000 head of Mexican feeder cattle will cross into the US, increasing market ready supplies into the second half of 2027.
| Live | Rail | |
|---|---|---|
| Choice Steers | --- | --- |
| Choice Heifers | --- | --- |
| December | February | April |
|---|---|---|
| 219.30 -0.40 | 223.45 -0.07 | 226.10 -0.05 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 248.32 |
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+ | 440.00-454.00 | 397.00-407.00 |
| 800-900 | 483.00-497.00 | 419.00-447.00 |
| 700-800 | 503.00-525.00 | 435.00-465.00 |
| 600-700 | 529.00-576.00 | 489.00-520.00 |
| 500-600 | 580.00-655.00 | 520.000-584.00 |
| 400-500 | 695.00-765.00 | 603.00-650.00 |
| 300-400 | 850.00-905.00 | 670.00-690.00 |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | --- | --- |
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 |
|---|---|---|---|---|---|
| 25-Jan-27 | 290 | 468 | -- | 472 | -- |
| 22-Feb-27 | 290 | 460 | -- | 456 | -- |
| 22-Mar-27 | 294 | 460 | -- | 458 | -- |
| 19-Apr-27 | 300 | 456 | -- | 454 | -- |
| 17-May-27 | 306 | 460 | -- | 460 | -- |
| 14-Jun-27 | 310 | 462 | -- | -- | -- |
| 12-Jul-27 | 302 | -- | -- | -- | -- |
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