Live: ---
Rail: 487.50-498.00 FOB feedlot (last week)
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AB Direct - Steers
AB Direct - Heifers
Live: ---
Rail: 487.50-498.00 FOB feedlot (last week)
Rail: 487.50-498.00 FOB feedlot (last week)
US Trade- Steers
Live: 222.00-223.00 (NE, IA), 226.00 (TX, KS) last week
Rail: 345.00-355.00 (NE, IA) last week
Rail: 345.00-355.00 (NE, IA) last week
US Trade - Heifers
Live: 222.00-223.00 (NE, IA), 226.00 (TX, KS) last week
Rail: 345.00-355.00 (NE, IA) last week
Rail: 345.00-355.00 (NE, IA) last week
Canadian Dollar
$70.87
0.10
0.10
Cattle Report
Last Updated: September 28, 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 $297.00/cwt, $5.00/cwt higher than the previous week. From a supply perspective the market is in the process of working through peak numbers. Leverage continues to favor the packing sector reflective in historically weak basis levels and fed prices trading below last year. Non-fed volumes through commercial auction facilities have been much lighter than normal for this time of the year. Despite lighter volumes prices continue to drift lower. Cows are trading at the lowest point since April 2025.
Canadian Dollar
$70.87 0.10
Steer & Heifer Trade
| Live | Rail | |
|---|---|---|
| Steers | --- | 487.50-498.00 FOB feedlot (last week) |
| Heifers | --- | 487.50-498.00 FOB feedlot (last week) |
AB Cow & Bull Trade
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 200.00-235.00 | 180.00-200.00 | 240.000-258.00 |
US Trade
In the US, most of the trade took place on Thursday and Friday dressed sales in Iowa and Nebraska ranged from $345.00-355.00/cwt (mostly $350.00/cwt) while live sales were from $222.00-223.00/cwt, fully steady with the previous week. Sales in Texas and Kansas were at $226.00/cwt, fully steady. On Thursday the Santa Teresa port opened to Mexican feeder cattle. Some industry officials are expecting 750-1,600 head of cattle to cross the port on a daily basis. This is the second port to open to Mexican feeder cattle. The Douglas Arizona port has been operational for a month. Roughly 6,500 head of cattle have crossed since it opened.
US Trade
| Live | Rail | |
|---|---|---|
| Choice Steers | 222.00-223.00 (NE, IA), 226.00 (TX, KS) last week | 345.00-355.00 (NE, IA) last week |
| Choice Heifers | 222.00-223.00 (NE, IA), 226.00 (TX, KS) last week | 345.00-355.00 (NE, IA) last week |
Chicago Mercantile Exchange
| October | December | February |
|---|---|---|
| 219.00 +0.12 | 221.82 +0.32 | 224.27 -0.02 |
National slaughter cows
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 273.44 |
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+ | 471.00-503.00 | 398.00-442.00 |
| 800-900 | 487.00-517.00 | 443.00-455.00 |
| 700-800 | 525.00-559.00 | 460.00-475.00 |
| 600-700 | 565.00-617.00 | 480.00-512.00 |
| 500-600 | 598.00-640.00 | 540.00-597.00 |
| 400-500 | 685.00-772.00 | 622.00-662.00 |
| 300-400 | 777.00-950.00 | 710.00-740.00 |
| 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 September 24, 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 |
|---|---|---|---|---|---|
| 21-Dec-26 | 284 | 444 | -- | 442 | -- |
| 18-Jan-27 | 282 | 444 | -- | -- | -- |
| 15-Feb-27 | 280 | 434 | -- | 428 | -- |
| 15-Mar-27 | 280 | 432 | -- | 426 | -- |
| 12-Apr-27 | 286 | 430 | -- | 424 | -- |
| 10-May-27 | 294 | 432 | -- | 430 | -- |
| 07-May-27 | 298 | 438 | -- | -- | -- |
