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AB Direct - Steers

Live: ---
Rail: 532.50-537.50 FOB feedlot (last week)

AB Direct - Heifers

Live: ---
Rail: 532.50-537.50 FOB feedlot (last week)

US Trade- Steers

Live: 240.00 (TX, KN, IA, NE) last week
Rail: 380.00 (NE, IA) last week

US Trade - Heifers

Live: 240.00 (TX, KN, IA, NE) last week
Rail: 380.00 (NE, IA) last week

Canadian Dollar

$73.71
0.08

Cattle Report

Last Updated: March 9, 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 price closing the week around $319.50/cwt, $1.00/cwt higher than the previous week. Alberta fed basis levels did strengthen last week, basis levels are now stronger than the five-year average. Butcher cows traded $1.00-2.00/cwt higher through commercial auction facilities last week. YTD Western Canadian cow slaughter is down 18% compared to last year. This is the third smallest cow slaughter volume on record, the only years that were smaller were in 2004 and 2005.

 

 

 

Canadian Dollar

$73.71   0.08

Steer & Heifer Trade

Live Rail
Steers --- 532.50-537.50 FOB feedlot (last week)
Heifers --- 532.50-537.50 FOB feedlot (last week)

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
230.00-250.00 210.00-225.00 251.00-281.00

US Trade

In the US, most of the trade took place on Friday. Dressed sales in Iowa and Nebraska were at $380.00/cwt, $2.00-3.00/cwt lower than the previous week. Live sales in the Northern feeding states were at $240.00/cwt, steady to $4.00/cwt lower. Sales in Texas and Kansas were also at $240.00/cwt, $4.00-5.00/cwt softer. According to a couple media sources union members at the JBS Greely CO, could strike on March 16th. Today feeder cattle contracts are locked limited down while live cattle contracts are not to far off limit down. Even though no Canadian fed cattle are shipped directly to Greely for slaughter, this could still have an impact on the Canadian market.

US Trade

Live Rail
Choice Steers 240.00 (TX, KN, IA, NE) last week 380.00 (NE, IA) last week
Choice Heifers 240.00 (TX, KN, IA, NE) last week 380.00 (NE, IA) last week

Chicago Mercantile Exchange

April June August
228.70 -5.87 225.40 -6.07 223.65 -5.60

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. 317.18

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+ 462.00-483.00 404.00-438.00
800-900 487.00-516.00 440.00-463.00
700-800 561.00-603.00 477.00-528.00
600-700 611.00-620.00 539.00-586.00
500-600 691.00-717.00 601.00-627.00
400-500 747.00-816.00 646.00-727.00
300-400 --- ---
Bred Cows Bred Heifers Cow/Calf Pairs
$5,525.00-6,150.00/head --- ---

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

Livestock Price Insurance Index

Last Updated on March 5, 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
01-Jun-26 310 472 -- -- --
29-Ju-26 308 464 -- -- --
27-Jul-26 302 -- -- -- --
24-Aug-26 296 466 -- 470 --
21-Sep-26 292 466 582 466 586
19-Oct-26 290 464 586 460 586
16-Nov-26 282 456 584 452 586

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