Live: 236.00-240.00 FOB lot (last week)
Rail: 378.50-388.50 FOB lot (last week)
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AB Direct - Steers
AB Direct - Heifers
Live: 236.00-240.00 FOB feedlot (last week)
Rail: 378.50-388.50 FOB feedlot (last week)
Rail: 378.50-388.50 FOB feedlot (last week)
US Trade- Steers
Live: 186.00 (KN), 187.00-188.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week
US Trade - Heifers
Live: 186.00 (KN), 187.00-188.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week
Canadian Dollar
$73.81
0.04
0.04
Cattle Report
Last Updated: 18/03/2024
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 on either side of $230.00/cwt FOB the feedlot. Steer prices were stronger while heifer prices were weaker. US packer interest was supportive last week. Cash sales to the US were at a premium over local deals. In addition, a few Western Canadian fed cattle were committed to the US packer on a five-area average. Last week butcher cows traded $1.00-5.00/cwt higher through commercial auction facilities, setting new record highs. Feeder cow buyers and Western Canadian packers continue to be active on the market.
Canadian Dollar
$73.81 0.04
Steer & Heifer Trade
| Live | Rail | |
|---|---|---|
| Steers | 236.00-240.00 FOB lot (last week) | 378.50-388.50 FOB lot (last week) |
| Heifers | 236.00-240.00 FOB feedlot (last week) | 378.50-388.50 FOB feedlot (last week) |
AB Cow & Bull Trade
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 163.00-178.00 | 138.00-159.00 | 157.00-197.00 |
US Trade
In the US, dressed sales in Iowa and Nebraska were from $294.00-301.00/cwt (mostly $298.00/cwt) $4.00/cwt higher than the previous week. Live sales in the Northern feeding states were from $187.00-188.00/cwt, $2.00-5.00/cwt higher. Live sales in Texas and Kansas were at mostly $186.00/cwt, $1.00/cwt stronger. The All-fresh beef retail price for the month of February was reported at $7.83/lb. Beef retail prices are 8% higher than last year while pork retail prices are slightly below last year. There has been some tough news for the packing segment over the past couple of weeks. One beef plant in Missouri is scheduled to close while one pork processing plant in Perry Iowa is also scheduled to close.
US Trade
| Live | Rail | |
|---|---|---|
| Choice Steers | 186.00 (KN), 187.00-188.00 (NE, IA) last week | 294.00-301.00 (NE, IA) last week |
| Choice Heifers | 186.00 (KN), 187.00-188.00 (NE, IA) last week | 294.00-301.00 (NE, IA) last week |
Chicago Mercantile Exchange
| April | June | August |
|---|---|---|
| 187.57, +0.32 | 184.05, +0.45 | 183.10, +0.47 |
National slaughter cows
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 235.97 |
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+ | 306.00-321.00 | 289.00-301.00 |
| 800-900 | 323.00-335.00 | 304.00-320.00 |
| 700-800 | 343.00-372.00 | 314.00-334.00 |
| 600-700 | 391.00-425.00 | 335.00-359.00 |
| 500-600 | 425.00-441.00 | 362.00-395.00 |
| 400-500 | 477.00-481.00 | 412.00-429.00 |
| 300-400 | --- | --- |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| 3,200.00-4,050.00/head | --- | --- |
Disclaimer: Information on this page is not for further distribution without permission from Canfax
Livestock Price Insurance Index
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 |
|---|---|---|---|---|---|
| 3-June-2024 | 236 | 336 | -- | -- | -- |
| 1-July-2024 | 236 | 340 | -- | -- | -- |
| 29-July-2024 | 232 | -- | -- | -- | -- |
| 26-August-2024 | 230 | 342 | -- | 342 | -- |
| 23-September-2024 | 230 | 344 | 382 | 344 | 392 |
| 21-October-2024 | 228 | 344 | 384 | 344 | 394 |
| 18-November-2024 | 226 | 340 | 380 | 340 | 390 |
Last Updated on March 7, 2024. For more information visit lpi.ca
