Feeder Report
Slaughter Report
Alberta direct cattle sales so far this week have seen light trade develop with dressed sales at $500.00/cwt delivered, sales are positioned ta the top end of last week trading range Based on the ten-year average Alberta fed prices historically bottom in September. On a cash-to-cash basis Alberta fed prices have been trading at a $15.00-17.00/cwt discount against the US market. Basis levels have been historically weak. YTD Western Canadian fed slaughter is down 48,000 head compared to last year. The year over year decline has solely been driven by fewer heifers entering the slaughter mix.
$70.48 0.06
| Live | Rail | |
|---|---|---|
| Steers | --- | 500.00 del *few |
| Heifers | --- | 500.00 del *few |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 201.00-225.00 | 182.00-199.00 | 218.000-232.00 |
In the US, light trade was reported in Nebraska earlier this week with dressed sales ranging from $348.00-350.00/cwt, fully steady with the previous week. Other than light trade in Nebraska business has been quiet in all other feeding areas. The Southern US has been trading at a sizable premium over the North, more cattle from the North could start to move South for slaughter. US beef cow slaughter for the week ending September 12th totaled just over 34,000 head, 4% lower than last year. For the middle of September this is the smallest beef cow slaughter volume on record.
| Live | Rail | |
|---|---|---|
| Choice Steers | --- | 348.00-350.00 (NE, IA) |
| Choice Heifers | --- | 348.00-350.00 (NE, IA) |
| October | December | February |
|---|---|---|
| 218.10 -0.57 | 221.72 -0.97 | 223.90 -1.17 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 272.31 |
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+ | 456.00-497.00 | 411.00-447.00 |
| 800-900 | 492.00-535.00 | 445.00-466.00 |
| 700-800 | 512.00-564.00 | 459.00-473.00 |
| 600-700 | 524.00-613.00 | 509.00-522.00 |
| 500-600 | 607.00-671.00 | 541.000-576.00 |
| 400-500 | 715.00-792.00 | 600.00-685.00 |
| 300-400 | --- | 727.00-740.00 |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| 3,700-4,650/head *light volumes | --- | --- |
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 |
|---|---|---|---|---|---|
| 21-Dec-26 | 284 | 444 | -- | 442 | -- |
| 18-Jan-27 | 282 | 444 | -- | -- | -- |
| 15-Feb-27 | 280 | 434 | -- | 428 | -- |
| 15-Mar-27 | 280 | 432 | -- | 426 | -- |
| 12-Apr-27 | 286 | 430 | -- | 424 | -- |
| 10-May-27 | 294 | 432 | -- | 430 | -- |
| 07-May-27 | 298 | 438 | -- | -- | -- |
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