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AB Direct - Steers

Live: ---
Rail: 495.00-500.00 del

AB Direct - Heifers

Live: ---
Rail: 495.00-500.00 del

US Trade- Steers

Live: 218.00 (IA, NE)
Rail: 345.00 (NE, IA)

US Trade - Heifers

Live: 218.00 (IA, NE)
Rail: 345.00 (NE, IA)

Canadian Dollar

$70.27
0.26

Cattle Report

Last Updated: October 9, 2026

Audio Updates

Feeder Report

Slaughter Report

Direct Sales

Alberta direct cattle sales so far this week have seen light trade develop with dressed sales ranging from $495.00-500.00/cwt delivered, steady with the previous week. Cattle that traded were scheduled for delivery throughout the month of November. Alberta fed basis levels did weaken this week. Based on the five-year average, the average increase from summer lows to late in the year highs stands at 7% while the ten-year average stands at 13%. Assuming lows are being us, an historical price increase would put prices on track to peak in the $314/cwt area, which is not out of the question While the ten-year average has the potential to see fed prices hit the $330/cwt mark.

Canadian Dollar

$70.27   0.26

Steer & Heifer Trade

Live Rail
Steers --- 495.00-500.00 del
Heifers --- 495.00-500.00 del

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
206.00-246.00 180.00-205.00 226.000-250.00

US Trade

In the US, light trade was reported in Iowa and Nebraska yesterday with dressed sales at $345.00/cwt, sales are positioned at the bottom end of last week’s trading range. Live sales in the Northern feeding states were at $218.00/cwt, $1-4/cwt lower. Today live bids of $218.00/cwt and dressed bids of $345.00/cwt have been renewed in the Northern feeding states. Business in Texas and Kansas has been quiet with no sales to speak of. Buying interest will pick up over the next couple of hours. US steer carcass weights increased 1lb to average 980lbs, weights are within 9lbs of their highs set back in March. USDA is scheduled to release its World Supply and Demand Report today. Grain analysts are on the bias that that corn yields could be lowered to partially offset larger corn ending stocks from the quarterly grains report that was released the other day.

US Trade

Live Rail
Choice Steers 218.00 (IA, NE) 345.00 (NE, IA)
Choice Heifers 218.00 (IA, NE) 345.00 (NE, IA)

Chicago Mercantile Exchange

October December February
222.12 +0.12 223.92 +0.32 226.05 +0.20

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. 268.04

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+ 448.00-472.00 414.00-440.00
800-900 500.00-515.00 449.00-450.00
700-800 537.00-569.00 490.00-503.00
600-700 565.00-633.00 495.00-515.00
500-600 622.00-723.00 572.000-644.00
400-500 747.00-835.00 652.00-737.00
300-400 832.00-955.00 740.00-860.00
Bred Cows Bred Heifers Cow/Calf Pairs
--- --- ---

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

Livestock Price Insurance Index

Last Updated on October 8, 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
04-Jan-27 -- -- -- -- --
01-Feb-27 288 456 -- 456 --
01-Mar-27 286 450 -- 448 --
29-Mar-27 290 448 -- 446 --
26-Apr-27 296 444 -- 444 --
24-May-27 304 450 -- 450 --
21-Jun-27 302 454 -- -- --

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