Alberta direct cattle sales on Monday saw no new trade to report. This week’s showlist has been compiled with volumes smaller than the previous week. Over the past three weeks Alberta fed prices have been trading at roughly a $13.00/cwt discount against the US market. Basis levels are weaker than both the three-year and five-year averages. Canfax released its monthly Trends report the other day. 850lbs steers and heifers placed in September and October and sold on the cash market in May on average feedlot margins were $75.00/head positive. Calves and feeder placed in May have breakeven in the mid $340’s/cwt. From a hedgeable standpoint, calves and feeder placed in May were anywhere from $500 to $600/head offside.
$72.52 0.04
| Live | Rail | |
|---|---|---|
| Steers | --- | --- |
| Heifers | --- | --- |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 255.00-265.00 | 229.00-245.00 | 262.00-272.00 |
In the US, following the holiday there is no new trade to report. Significant trade will likely be delayed until the second half of this week. Asking prices are poorly defined but are expected to start out around $265.00/cwt on a live basis. With labor disruptions at one plant impacting production and on top of that were currently in a strong demand period with grilling season underway. One would expect to see higher wholesale beef prices but that has not been the case so far. Choice cutout values are currently $13.00/cwt below their recent highs in March.
| Live | Rail | |
|---|---|---|
| Choice Steers | --- | --- |
| Choice Heifers | --- | --- |
| June | August | October |
|---|---|---|
| 249.22 -0.07 | 240.62 +1.02 | 231.95 +1.22 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 335.27 |
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+ | 466.00-475.00 | 427.00-451.00 |
| 800-900 | 512.00-520.00 | 462.00-492.00 |
| 700-800 | 580.00-610.00 | 522.00-565.00 |
| 600-700 | 620.00-634.00 | 537.00-580.00 |
| 500-600 | 700.00-735.00 | 610.00-690.00 |
| 400-500 | 730.00-795.00 | 715.00-725.00 |
| 300-400 | --- | 730.00-800.00 |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| $4,600-5,200/head | --- | 5,300-6,750/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 |
|---|---|---|---|---|---|
| 17-Aug-26 | 320 | 486 | -- | 478 | -- |
| 14-Sep-26 | 312 | 484 | -- | 486 | -- |
| 12-Oct-26 | 308 | 482 | 590 | 480 | 578 |
| 09-Nov-26 | 294 | 470 | 578 | 468 | 566 |
| 07-Dec-26 | 296 | 458 | 574 | 458 | 564 |
| 01-Feb-27 | 294 | 456 | 580 | 456 | 570 |
| - | - | - | - | - | - |
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