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.
$73.62 0.12
| 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) |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 251.00-287.00 | 225.00-235.00 | 281.00-306.00 |
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.
| 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) |
| June | August | October |
|---|---|---|
| 252.67 -0.32 | 247.35 -0.47 | 241.92 -0.52 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 326.74 |
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
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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