Alberta direct cattle sales so far this week have seen light trade develop with dressed sales at mostly $518.00/cwt delivered, steady to $12.00/cwt lower than the previous week. Competition on the cash market has been limited with one packer buying most of the cattle. Cattle that traded were being scheduled for delivery throughout the month of September. US packer interest was noted from at least two different plants. US packers were wanting to formula price Canadian cattle off the five-area average. Selling interest to the US was limited.
$72.63 0.15
| Live | Rail | |
|---|---|---|
| Steers | --- | 518.00 delivered |
| Heifers | --- | 518.00 delivered |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 234.00-238.00 | 217.00-230.00 | 265.00-278.00 |
In the US, live sales in the Northern feeding states have been reported from $225.00-226.00/cwt, steady to $4.00/cwt lower than the previous week. Dressed sales have been at mostly $355.00/cwt, $10.00/cwt lower. Business in the Southern feeding states has been quiet with no trade to speak of so far. Over the past couple of days live bids of $225.00/cwt were being passed in Texas and Kansas. Buying interest in the South will pick up over the next couple of hours as packers will need to acquire more inventory before the week is through. USDA is scheduled to release its August 1st cattle on feed report this afternoon. pre-report estimates are indicating July placements to be 6% lower than last year while fed cattle marketings are forecasted to be down 7%. Today live and feeder cattle contracts are seeing triple digit losses. Live cattle contracts are trading at the lowest point since December.
| Live | Rail | |
|---|---|---|
| Choice Steers | 225.00-226.00 (IA, NE) | 355.00 (NE, IA) |
| Choice Heifers | 225.00-226.00 (IA, NE) | 355.00 (NE, IA) |
| August | October | December |
|---|---|---|
| 219.22 -4.12 | 213.47 -4.52 | 214.07 -4.20 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 323.92 |
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+ | 443.00-458.00 | 408.00-414.00 |
| 800-900 | 485.00-505.00 | 430.00-431.00 |
| 700-800 | 518.00-545.00 | 470.00-525.00 |
| 600-700 | 555.00-565.00 | 525.00-562.00 |
| 500-600 | 635.00-660.00 | 575.00-592.00 |
| 400-500 | 680.00-740.00 | 625.000-633.00 |
| 300-400 | 800.00-805.00 | --- |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | --- | --- |
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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