Feeder Report
Slaughter Report
Alberta direct cattle sales last week saw light trade develop with weighted average steer and heifer price closing the week around $355.00/cwt, $3.50/cwt higher than the previous week. The fed market has outperformed expectations, the market should be in the process of putting in annual and quite possibly long-term price highs. Looking at the forward delivery calf market 600-699lbs steer calves in B.C, AB and SK for October delivery averaged around $680/cwt, (4,400/head), around $20.00/cwt than late May early June. Strengthening deferred live cattle contracts and softer feed grain prices have supported the forward delivery calf market.
$70.60 0.10
| Live | Rail | |
|---|---|---|
| Steers | --- | 591.50-595.00 FOB feedlot (last week) |
| Heifers | --- | 591.50-595.00 FOB feedlot (last week) |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 247.00-268.00 | 230.00-245.00 | 290.00-325.00 |
In the US, most of the trade took place on Friday. Dressed sales in Iowa and Nebraska were from $408.00-410.00/cwt, steady to a little stronger than the previous week. Live sales in the North ranged from $258.00-262.00/cwt (mostly $260.00/cwt). Live sales in Texas and Kansas were at $258.00/cwt steady to $2.00/cwt softer. Last week’s cattle slaughter was estimated at 537,000 head, the largest slaughter volume since February. Many on the beef side of the market are hoping the July 4th holiday will lend support to the beef complex. Retail beef featuring leading up to the holiday has been strong.
| Live | Rail | |
|---|---|---|
| Choice Steers | 258.00 (TX, KN), 258.00-262.00 (IA, NE) last week | 408.00-410.00 (IA, NE) last week |
| Choice Heifers | 258.00 (TX, KN), 258.00-262.00 (IA, NE) last week | 408.00-410.00 (IA, NE) last week |
| June | August | October |
|---|---|---|
| 256.62 -0.82 | 243.42 -2.40 | 237.10 -2.10 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 333.63 |
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+ | 459.00-463.00 | 430.00-446.00 |
| 800-900 | 512.00-525.00 | 507.00-517.00 |
| 700-800 | 542.00-561.00 | 512.00-540.00 |
| 600-700 | 595.00-640.00 | 555.00-593.00 |
| 500-600 | 710.00-740.00 | 602.00-620.00 |
| 400-500 | 750.00-810.00 | --- |
| 300-400 | --- | --- |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | 5,800-6,025/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 |
|---|---|---|---|---|---|
| 21-Sept-26 | 324 | 508 | -- | 510 | -- |
| 19-Oct-26 | 318 | 502 | -- | 502 | -- |
| 16-Nov-26 | 310 | 494 | -- | 490 | -- |
| 14-Dec-26 | 312 | 482 | -- | 482 | -- |
| 08-Feb-27 | 306 | 478 | -- | 476 | -- |
| 08-Mar-27 | 306 | 476 | -- | 470 | -- |
| - | - | - | - | - | - |
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