Alberta direct cattle sales on Monday saw no new trade to report. Showlist volumes are steady with the previous week. The past couple of years the summer fed market has been rather impressive seeing little if any price pull-back. This year has been a different story as the market has followed more of a seasonal trend. YTD Western Canadian fed slaughter is down 47,000 head compared to last year. Yet YTD beef production is only down 1%. To a large degree, larger carcass weights have offset reduced slaughter volumes.
$72.34 0.07
| Live | Rail | |
|---|---|---|
| Steers | --- | --- |
| Heifers | --- | --- |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 233.00-259.00 | 211.00-225.00 | 266.00-275.00 |
In the US, light trade was reported in Iowa yesterday with live sales at $218.00/cwt, lower than last week. This light test of the market does not set a price trend. Today buying interest remain light and significant trade will likely be delayed until the second half of this week. Asking prices are poorly defined but are expected to stat out in the low $230’s/cwt on a live basis. Showlist volumes have been reported larger in the Northern feeding states. USDA released its August 1st cattle on feed report last Friday and it was viewed as slightly bullish as feedlot placements came in well below industry estimates. Feedlot placements for July were 11% below last year. This is the third consecutive month that feedlot placements have been below last year. August 1st cattle on feed inventories are 2% larger than last year.
| Live | Rail | |
|---|---|---|
| Choice Steers | --- | --- |
| Choice Heifers | --- | --- |
| August | October | December |
|---|---|---|
| 219.05 -1.02 | 212.70 -0.90 | 213.42 -0.77 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 326.11 |
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+ | 432.00-455.00 | 393.00-395.00 |
| 800-900 | 484.00-502.00 | 395.00-440.00 |
| 700-800 | 516.00-528.00 | 460.00-500.00 |
| 600-700 | 550.00-572.00 | 504.00-530.00 |
| 500-600 | 640.00-685.00 | 522.00-572.00 |
| 400-500 | 720.00-800.00 | 580.00-610.00 |
| 300-400 | 810.00-875.00 | --- |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | --- | 5,500-5,900/pair (light volumes) |
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 |
|---|---|---|---|---|---|
| 16-Nov-26 | 274 | 430 | -- | 428 | -- |
| 14-Dec-26 | 276 | 414 | -- | 416 | -- |
| 8-Feb-27 | 272 | 408 | -- | 410 | -- |
| 8-Mar-27 | 270 | 406 | -- | 404 | -- |
| 5-Apr-27 | 276 | 404 | - | 404 | - |
| 3-May-27 | 282 | 404 | -- | 406 | -- |
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