Feeder Report
Slaughter Report
Alberta direct cattle sales last week saw light trade develop with weighted average steer and heifer price closing the week around $319.50/cwt, $1.00/cwt higher than the previous week. Alberta fed basis levels did strengthen last week, basis levels are now stronger than the five-year average. Butcher cows traded $1.00-2.00/cwt higher through commercial auction facilities last week. YTD Western Canadian cow slaughter is down 18% compared to last year. This is the third smallest cow slaughter volume on record, the only years that were smaller were in 2004 and 2005.
$73.71 0.08
| Live | Rail | |
|---|---|---|
| Steers | --- | 532.50-537.50 FOB feedlot (last week) |
| Heifers | --- | 532.50-537.50 FOB feedlot (last week) |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 230.00-250.00 | 210.00-225.00 | 251.00-281.00 |
In the US, most of the trade took place on Friday. Dressed sales in Iowa and Nebraska were at $380.00/cwt, $2.00-3.00/cwt lower than the previous week. Live sales in the Northern feeding states were at $240.00/cwt, steady to $4.00/cwt lower. Sales in Texas and Kansas were also at $240.00/cwt, $4.00-5.00/cwt softer. According to a couple media sources union members at the JBS Greely CO, could strike on March 16th. Today feeder cattle contracts are locked limited down while live cattle contracts are not to far off limit down. Even though no Canadian fed cattle are shipped directly to Greely for slaughter, this could still have an impact on the Canadian market.
| Live | Rail | |
|---|---|---|
| Choice Steers | 240.00 (TX, KN, IA, NE) last week | 380.00 (NE, IA) last week |
| Choice Heifers | 240.00 (TX, KN, IA, NE) last week | 380.00 (NE, IA) last week |
| April | June | August |
|---|---|---|
| 228.70 -5.87 | 225.40 -6.07 | 223.65 -5.60 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 317.18 |
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+ | 462.00-483.00 | 404.00-438.00 |
| 800-900 | 487.00-516.00 | 440.00-463.00 |
| 700-800 | 561.00-603.00 | 477.00-528.00 |
| 600-700 | 611.00-620.00 | 539.00-586.00 |
| 500-600 | 691.00-717.00 | 601.00-627.00 |
| 400-500 | 747.00-816.00 | 646.00-727.00 |
| 300-400 | --- | --- |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| $5,525.00-6,150.00/head | --- | --- |
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 |
|---|---|---|---|---|---|
| 01-Jun-26 | 310 | 472 | -- | -- | -- |
| 29-Ju-26 | 308 | 464 | -- | -- | -- |
| 27-Jul-26 | 302 | -- | -- | -- | -- |
| 24-Aug-26 | 296 | 466 | -- | 470 | -- |
| 21-Sep-26 | 292 | 466 | 582 | 466 | 586 |
| 19-Oct-26 | 290 | 464 | 586 | 460 | 586 |
| 16-Nov-26 | 282 | 456 | 584 | 452 | 586 |
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