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AB Direct - Steers

Live: 339.25 FOB feedlot (last week)
Rail: 557.00-562.00 FOB feedlot (last week)

AB Direct - Heifers

Live: 339.25 FOB feedlot (last week)
Rail: 557.00-562.00 FOB feedlot (last week)

US Trade- Steers

Live: 252.00-257.00 (NE) 250.00-256.00 (TX, KS) last week
Rail: 396.00-405.00 (NE, IA) last week

US Trade - Heifers

Live: 252.00-257.00 (NE), 250.00-256.00 (TX, KS)
Rail: 396.00-405.00 (NE, IA)

Canadian Dollar

$73.62
0.12

Cattle Report

Last Updated: May 4, 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 $334.00/cwt, $4.00/cwt higher than the previous week. The fed market has put together an impressive run, strengthening over the past 17 weeks. The combination of new market access to China, tighter cattle supplies and the seasonal spring rally has been price supportive. Last week butcher cows traded $2.00-3.00/cwt higher through commercial auction facilities establishing new record highs. Only once in the past ten years have first half of the year highs occurred in April, that was back in 2020.

 

 

 

Canadian Dollar

$73.62   0.12

Steer & Heifer Trade

Live Rail
Steers 339.25 FOB feedlot (last week) 557.00-562.00 FOB feedlot (last week)
Heifers 339.25 FOB feedlot (last week) 557.00-562.00 FOB feedlot (last week)

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
251.00-287.00 225.00-235.00 281.00-306.00

US Trade

In the US, a stronger price tone was noted as the week progressed. Dressed sales in Iowa and Nebraska were from $396.00-405.00/cwt, (mostly $400.00/cwt) $14.00/cwt higher than the previous week. Live sales in the North were from $252.00-257.00/cwt, while sales in the South were from $250.00-256.00/cwt, $4.00-10.00/cwt higher. Beef cutout values have struggled to keep pace with rising cattle prices. Last week’s cattle slaughter was estimated at 534,000 head, 29,000 head smaller than last year.

US Trade

Live Rail
Choice Steers 252.00-257.00 (NE) 250.00-256.00 (TX, KS) last week 396.00-405.00 (NE, IA) last week
Choice Heifers 252.00-257.00 (NE), 250.00-256.00 (TX, KS) 396.00-405.00 (NE, IA)

Chicago Mercantile Exchange

June August October
252.67 -0.32 247.35 -0.47 241.92 -0.52

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. 326.74

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+ 457.00-478.00 429.00-471.00
800-900 505.00-544.00 461.00-466.00
700-800 533.00-575.00 521.00-548.00
600-700 603.00-664.00 554.00-580.00
500-600 717.00-745.00 610.00-662.00
400-500 --- 725.00-765.00
300-400 --- ---
Bred Cows Bred Heifers Cow/Calf Pairs
--- --- 7,000-8,500/pair

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

Livestock Price Insurance Index

Last Updated on April 30, 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
27-July-26 326 -- -- -- --
24-Aug-26 318 490 -- 498 --
21-Sept-26 312 490 598 492 612
19-Oct-26 306 486 598 486 608
16-Nov-26 296 476 594 476 606
14-Dec-26 300 468 592 470 606
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