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AB Direct - Steers

Live: ---
Rail: 486.50-487.00 FOB feedlot (last week)

AB Direct - Heifers

Live: ---
Rail: 486.50-487.00 FOB feedlot (last week)

US Trade- Steers

Live: 214.00-218.00 (NE), 218.00 (TX, KS) last week
Rail: 335.00-340.00 (IA) last week

US Trade - Heifers

Live: 214.00-218.00 (NE, IA), 218.00 (TX, KS) last week
Rail: 335.00-340.00 (NE, IA) last week

Canadian Dollar

$70.99
0.12

Cattle Report

Last Updated: November 9, 2026

Audio Updates

Feeder Report

Slaughter Report

Direct Sales

Alberta direct cattle sales last week saw light trade develop with weighted average steer price closing the week around $292.00/cwt, $7.00/cwt lower than the previous week, establishing new annual price lows. Historically large US feeder cattle import volumes last fall has to a certain degree under pinned the Western Canadian fed market. Packers seem well covered with cattle resulting in limited packer competition. In many instances last week packers were not bidding on cattle. Butcher cows traded mostly steady through commercial auction facilities. Non-fed numbers have seasonally increased.

Canadian Dollar

$70.99   0.12

Steer & Heifer Trade

Live Rail
Steers --- 486.50-487.00 FOB feedlot (last week)
Heifers --- 486.50-487.00 FOB feedlot (last week)

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
193.00-230.00 170.00-190.00 229.000-248.00

US Trade

In the US, trade was scattered over the course of the week, and a softer price tone was noted as the week progressed. Early in the week live sales in the Northern feeding states started out at $218.00/cwt however, by Friday cattle were trading at $210.00/cwt, $8.00-11.00/cwt lower than the previous week. Dressed sales in Iowa and Nebraska ranged from $335-340.00/cwt, $10.00-15.00/cwt weaker. Sales in Texas and Kansas were at $218.00/cwt, $7.00/cwt lower. Since the end of October live cattle contracts have dropped $17.00/cwt while feeder cattle contracts are down $26.00/cwt. In September US beef imports were 49% higher than last year. The year over year increase seem rather dramatic but it should be highlighted tariffs were limiting import volumes in September 2025. In September the top supplier of beef to the US was Brazil.

US Trade

Live Rail
Choice Steers 214.00-218.00 (NE), 218.00 (TX, KS) last week 335.00-340.00 (IA) last week
Choice Heifers 214.00-218.00 (NE, IA), 218.00 (TX, KS) last week 335.00-340.00 (NE, IA) last week

Chicago Mercantile Exchange

December February April
216.00 +1.95 219.00 +2.10 222.45 +2.60

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. 244.81

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+ 450.00-478.00 393.00-410.00
800-900 465.00-491.00 426.00-457.00
700-800 491.00-521.00 432.00-470.00
600-700 546.00-613.00 459.000-528.00
500-600 605.00-696.00 513.000-586.00
400-500 685.00-790.00 579.00-672.00
300-400 885.00-901.00 675.00-712.00
Bred Cows Bred Heifers Cow/Calf Pairs
4,500-6,050/ head (younger cows and bred heifers) 4,500-6,050/ head (younger cows and bred heifers) ---

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

Livestock Price Insurance Index

Last Updated on November 5, 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
01-Feb-27 274 436 -- 440 --
01-Mar-27 274 430 -- 430 --
29-Mar-27 278 428 -- 430 --
26-Apr-27 284 426 -- 426 --
24-May-27 292 430 -- 432 --
21-Jun-27 292 434 -- -- --
19-Jul-27 286 -- -- -- --

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