Live: ---
Rail: 577.00-587.50 FOB feedlot (last week)
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AB Direct - Steers
AB Direct - Heifers
Live: ---
Rail: 577.00-587.50 FOB feedlot (last week)
Rail: 577.00-587.50 FOB feedlot (last week)
US Trade- Steers
Live: 256.00-257.00 (TX, KS, NE, IA) last week
Rail: 405.00-408.00 (NE, IA) last week
Rail: 405.00-408.00 (NE, IA) last week
US Trade - Heifers
Live: 256.00-257.00 (TX, KS, NE, IA) last week
Rail: 405.00-408.00 (NE, IA) last week
Rail: 405.00-408.00 (NE, IA) last week
Canadian Dollar
$72.28
0.25
0.25
Cattle Report
Last Updated: June 1, 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 prices closing the week around $352.00/cwt, $8.00/cwt higher than the previous week. Both local and US packer interest has been supportive. Last week butcher cows traded $1.00-2.00/cwt lower through commercial auction facilities. For the week ending May 23rd Western Canadian cow carcass weights averaged 919lbs, a new record high. a large percentage of the cows entering the slaughter mix are coming out of feedlots. From a seasonal perceptive cow prices traditionally peak during the first half of June.
Canadian Dollar
$72.28 0.25
Steer & Heifer Trade
| Live | Rail | |
|---|---|---|
| Steers | --- | 577.00-587.50 FOB feedlot (last week) |
| Heifers | --- | 577.00-587.50 FOB feedlot (last week) |
AB Cow & Bull Trade
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 248.00-282.00 | 225.00-245.00 | 287.00-314.00 |
US Trade
In the US, most of the trade took place on Thursday and Friday. Dressed sales in Iowa and Nebraska were from $405.00-408.00/cwt, $3.00-7.00/cwt lower than the previous week. Live sales in all major feeding states were from $256.00-257.00/cwt, $3.00-4.00/cwt lower. With the holiday short week, last week’s cattle slaughter was estimated at 448,000 head, 40,000 head smaller than last year. Coming out of the long weekend retail beef demand was reported as mixed with demand not as strong compared to previous years. Over the past month feeder cattle contracts have declined $25.00/cwt. Last Friday’s close was the lowest since the second half of March. Despite the pull back on the futures market the US feeder index or cash price is within $6.00/cwt of their highs set back a few weeks ago.
US Trade
| Live | Rail | |
|---|---|---|
| Choice Steers | 256.00-257.00 (TX, KS, NE, IA) last week | 405.00-408.00 (NE, IA) last week |
| Choice Heifers | 256.00-257.00 (TX, KS, NE, IA) last week | 405.00-408.00 (NE, IA) last week |
Chicago Mercantile Exchange
| June | August | October |
|---|---|---|
| 248.95 +0.70 | 240.45 +1.40 | 232.05 +1.62 |
National slaughter cows
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 337.57 |
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+ | 465.00-489.00 | 433.00-448.00 |
| 800-900 | 497.00-512.00 | 455.00-463.00 |
| 700-800 | 547.00-568.00 | 513.00-569.00 |
| 600-700 | 607.00-639.00 | 529.00-630.00 |
| 500-600 | 667.00-718.00 | 585.00-635.00 |
| 400-500 | --- | 620.00-700.00 |
| 300-400 | --- | --- |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | --- | Traded up to $7,100/pair |
Disclaimer: Information on this page is not for further distribution without permission from Canfax
Livestock Price Insurance Index
Last Updated on May 28, 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 |
|---|---|---|---|---|---|
| 24-Aug-26 | 314 | 476 | -- | 486 | -- |
| 21-Sep-26 | 308 | 474 | 606 | 480 | 576 |
| 19-Oct-26 | 300 | 470 | 594 | 472 | 568 |
| 16-Nov-26 | 290 | 460 | 586 | 452 | 560 |
| 14-Dec-26 | 292 | 448 | 582 | 448 | 568 |
| 08-Feb-27 | 288 | 444 | 590 | 456 | 560 |
| - | - | - | - | - | - |
