Feeder Report
Slaughter Report
Alberta direct cattle sales on Tuesday saw no new trade to report, but there is a good chance scattered trade will develop by this afternoon. Despite weaker fed cattle prices over the last few weeks, there is still some motivation to market cattle. Firstly, Alberta fed basis levels remain historically strong, and secondly, some producers need to free up pen space for grass yearling that will be coming in within the next little bit. Western Canadian fed slaughter for the week ending July 18th totaled just over 35,000 head, 12% below last year. Western Canadian fed slaughter has been below last year for 7 weeks. Over the past 2 months, slaughter volumes are down 34,000 head compared to last year. Bigger slaughter rates will be needed to get through the larger market ready fed numbers.
$71.16 0.11
| Live | Rail | |
|---|---|---|
| Steers | --- | --- |
| Heifers | --- | --- |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 221.00-249.00 | 207.00-220.00 | 244.00-284.00 |
In the US, light trade was reported in Iowa with dressed sales at $360.00/cwt. Steady with prices seen on Monday and $5.00-10.00/cwt lower than last week. Yesterday, live bids of $228.00/cwt were passed in all major feeding states. Early bids are $2.00-4.00/cwt lower than last week. Trade will likely hold off for one more day. USDA released its July 1st cattle inventory report last week and total beef cows were reported at 28.45 million head, down 200,000 head compared to last year. Despite drought conditions across parts of the US, mild rebuilding seems to be underway. Beef replacement heifers were reported at 3.8 million head, up 100,000 head from last year. Growth within the dairy sector has increased at a faster rate compared to the beef sector. The US dairy cow inventories were reported at 9.65 million head, up 200,000 head.
| Live | Rail | |
|---|---|---|
| Choice Steers | 228.00 (bid) | 360.00 (IA) |
| Choice Heifers | 228.00 (bid) | 360.00 (IA) |
| August | October | December |
|---|---|---|
| 228.67 +1.20 | 223.60 +1.42 | 223.15 +1.85 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 343.45 |
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+ | 452.00-459.00 | 385.00-421.00 |
| 800-900 | 485.00-510.00 | 445.00-470.00 |
| 700-800 | 535.00-550.00 | 472.00-512.00 |
| 600-700 | 585.00-610.00 | 515.00-576.00 |
| 500-600 | --- | 565.00-600.00 |
| 400-500 | --- | 610.00-640.00 |
| 300-400 | --- | 710.00-724.00 |
| 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 |
|---|---|---|---|---|---|
| 19-Oct-26 | 294 | 470 | -- | 452 | -- |
| 16-Nov-26 | 284 | 460 | -- | 440 | -- |
| 14-Dec-26 | 288 | 450 | -- | 428 | -- |
| 8-Feb-27 | 282 | 442 | -- | 426 | -- |
| 8-Mar-27 | 282 | 440 | -- | 422 | -- |
| 5-Apr-27 | 288 | 438 | -- | 420 | -- |
| - | - | - | - | - | - |
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