Alberta direct cattle sales on Monday saw no new trade to report. This week’s showlist has been compiled with volumes smaller than the previous week. From their highs in early July fed prices have dropped 16%. This exceeds the three-year average decline of 10%. For the week ending August 22nd Western Canadian fed slaughter totaled just over 39,000 head, the second largest slaughter volume seen this year. Even though slaughter rates have increased, volumes are still smaller than normal for this time of the year. Usually during the summer, it is not uncommon to see packers add a few Saturday shifts, but that has not been the case this year.
$72.05 0.16
| Live | Rail | |
|---|---|---|
| Steers | --- | --- |
| Heifers | --- | --- |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 205.00-225.00 | 160.00-205.00 | 225.00-283.00 |
In the US, light trade was reported in Iowa yesterday with live sales at $220.00/cwt, steady with the previous week. This light test of the market does not set a price trend. Asking prices are poorly defined but are expected to start out in the mid $220’s/cwt on a live basis. Four state showlist volumes have been reported smaller with the largest week over week decline in fed supplies noted in the North. News from the pork sector has not been overly positive as of late. YTD US pork production is slightly larger than last year, yet US pork cutout values are well below last year and below the five-year average. A big part of the weakness has come from softer ham and belly prices. The December lean hog contract is also hovering near contract lows.
| Live | Rail | |
|---|---|---|
| Choice Steers | 220.00 (IA) *few | --- |
| Choice Heifers | 220.00 (IA) *few | --- |
| October | December | February |
|---|---|---|
| 211.45 -1.22 | 213.47 -1.10 | 215.10 -1.37 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 313.12 |
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+ | 458.00-479.00 | 398.00-421.00 |
| 800-900 | 477.00-495.00 | 428.00-450.00 |
| 700-800 | 507.00-537.00 | 451.00-497.00 |
| 600-700 | 523.00-624.00 | 490.00-516.00 |
| 500-600 | 633.00-704.00 | 512.00-567.00 |
| 400-500 | 722.00-817.00 | 570.00-650.00 |
| 300-400 | 8525.00-935.00 | 700.00-760.00 |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | --- | 4,600-5,000/pair |
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 |
|---|---|---|---|---|---|
| 23-Nov-26 | 266 | 414 | -- | 412 | -- |
| 21-Dec-26 | 268 | 408 | -- | 410 | -- |
| 18-Jan-27 | 266 | 406 | -- | -- | -- |
| 15-Feb-27 | 266 | 398 | -- | 400 | -- |
| 15-Mar-27 | 266 | 398 | -- | 398 | -- |
| 12-Apr-27 | 274 | 396 | -- | 396 | -- |
| 10-May-27 | 280 | 402 | -- | 404 | -- |
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