Feeder Report
Slaughter Report
Alberta direct cattle sales last week saw light trade develop with weighted average steer and heifer price closing the week around $297.00/cwt, $0.50/cwt higher than the previous week. Fed cattle prices have been holding in the mid to upper $290’s/cwt for the past three weeks. last week butcher cows traded $5.00-6.00/cwt higher through commercial auction facilities. The cow market has made a counter-seasonal move higher as it is quite rare to see cow prices strengthen in early October. Larger non-fed volumes are on the horizon. Second half of the year price lows are likely still in front of us.
$70.59 0.29
| Live | Rail | |
|---|---|---|
| Steers | --- | 491.50-497.75 FOB feedlot (last week) |
| Heifers | --- | 491.50-497.75 FOB feedlot (last week) |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 201.00-234.00 | 182.00-200.00 | 242.000-271.00 |
In the US, a stronger price tone was noted from Thursday to Friday. Dressed sales in Iowa and Nebraska range from $345.00-350.00/cwt, steady with the previous week. Live sales in the North started out at $218.00/cwt however, by the end of the week sales were at $223.00/cwt. Sales in Texas and Kansas were at $226.00/cwt, fully steady. Packers in the South were still looking for cattle on Saturday. USDA released its World Supply and Demand Report on Friday, and it was viewed as bearish for the grain markets. The biggest surprise was corn yields were increased 2.7 bushels per acre. Production is now forecasted to be just over 16 billion bushels, the second largest on record. On Friday, corn contracts closed 20 cents per bushels lower.
| Live | Rail | |
|---|---|---|
| Choice Steers | 218.00-223.00 (IA, NE) 226.00 (TX, KS) last week | 345.00-350.00 (NE, IA) last week |
| Choice Heifers | 218.00-223.00 (IA, NE) 226.00 (TX, KS) last week | 345.00-350.00 (NE, IA) last week |
| October | December | February |
|---|---|---|
| 225.05 +0.30 | 227.12 +0.52 | 229.37 +0.20 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 262.59 |
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+ | 467.00-483.00 | 414.00-435.00 |
| 800-900 | 494.00-505.00 | 445.00-461.00 |
| 700-800 | 528.00-555.00 | 465.00-473.00 |
| 600-700 | 552.00-594.00 | 507.00-560.00 |
| 500-600 | 612.00-654.00 | 547.000-569.00 |
| 400-500 | 702.00-800.00 | 597.00-680.00 |
| 300-400 | 790.00-891.00 | 764.00-767.00 |
| 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 |
|---|---|---|---|---|---|
| 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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