Feeder Report
Slaughter Report
Alberta direct cattle sales last week saw light trade develop with weighted average steer and heifer prices closing the week around $324.00/cwt, $3.00/cwt higher the previous week. Fed prices have trended higher over the past four months. Since the start of January fed prices have risen by $500.00/head, this is huge for a margin business. Last week butcher cows traded steady to $2.00/cwt higher through commercial auction facilities. For the month of March cow slaughter volumes are the smallest since 2015. Bred cow sales have been strong this spring and few if any bred cows are entering the slaughter mix.
$72.09 0.17
| Live | Rail | |
|---|---|---|
| Steers | --- | 542.00-543.50 FOB feedlot (last week) |
| Heifers | --- | 542.00-543.50 FOB feedlot (last week) |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 222.00-242.00 | 212.00-220.00 | 242.00-247.00 |
In the US, most of the trade took place on Thursday and Friday. Dressed sales in Iowa and Nebraska ranged from $380.00-386.00/cwt (mostly $385.00/cwt) $13.00/cwt higher than the previous week. Live sales in Nebraska were at $245.00/cwt, $10.00/cwt stronger. Sales in Texas and Kansas were from $245.00-246.00/cwt, $7.00-8.00/cwt stronger. Fed cattle prices are back to within $2.00/cwt of their highs set back in late February. For a brief period, packer margins were in the black. With higher cattle prices and lower wholesale beef prices margins back negative.
| Live | Rail | |
|---|---|---|
| Choice Steers | 245.00 (NE) 245.00-246.00 (TX, KN) last week | 380.00-386.00 (NE, IA) last week |
| Choice Heifers | 245.00 (NE) 245.00-246.00 (TX, KN) last week | 380.00-386.00 (NE, IA) last week |
| April | June | August |
|---|---|---|
| 248.05 +1.85 | 247.10 +0.77 | 242.72 +0.55 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 326.98 |
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+ | 462.00-473.00 | 422.00-438.00 |
| 800-900 | 486.00-509.00 | 462.00-472.00 |
| 700-800 | 529.00-560.00 | 503.00-512.00 |
| 600-700 | 610.00-625.00 | 536.00-575.00 |
| 500-600 | 680.00-725.00 | 599.00-642.00 |
| 400-500 | 740.00-770.00 | 645.00-710.00 |
| 300-400 | --- | --- |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| 4,750.00-7,300.00/head | --- | 6,750.00-8,000.00/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 |
|---|---|---|---|---|---|
| 29-Jun-26 | 330 | 492 | -- | -- | -- |
| 27-Jul-26 | 324 | -- | -- | -- | -- |
| 24-Aug-26 | 318 | 494 | -- | 496 | -- |
| 21-Sept-26 | 312 | 492 | 600 | 492 | 602 |
| 19-Oct-26 | 304 | 488 | 602 | 486 | 604 |
| 16-Nov-26 | 296 | 480 | 596 | 476 | 600 |
| 14-Dec-26 | 300 | 470 | 596 | 470 | 602 |
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