Live: 295.00 FOB feedlot (last week)
Rail: 487.50-493.50 FOB feedlot (last week)
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AB Direct - Steers
AB Direct - Heifers
Live: 295.00 FOB feedlot (last week)
Rail: 487.50-493.50 FOB feedlot (last week)
Rail: 487.50-493.50 FOB feedlot (last week)
US Trade- Steers
Live: 218.00 (NE, IA, CO) 222.00-224.00 (TX, KN) last week
Rail: 340.00-347.00 (IA, NE) last week
Rail: 340.00-347.00 (IA, NE) last week
US Trade - Heifers
Live: 218.00 (NE, IA, CO) 222.00-224.00 (TX, KN) last week
Rail: 340.00-347.00 (IA, NE) last week
Rail: 340.00-347.00 (IA, NE) last week
Canadian Dollar
$70.94
0.09
0.09
Cattle Report
Last Updated: November 24, 2025
Audio Updates
Feeder Report
Slaughter Report
Direct Sales
Alberta direct cattle sales last week saw light trade develop with weighted average steer and heifer prices closing the week around $293.00/cwt, $2.00/cwt lower than the previous week. New second half of the year price lows were established. Last week butcher cows traded steady to $2.00/cwt higher through commercial auction facilities. On a cash-to-cash basis Alberta cow prices are trading at a $10.00/cwt discounts against the US market. Lots of cows are being put on feed and this could weight on the first quarter market.
Canadian Dollar
$70.94 0.09
Steer & Heifer Trade
| Live | Rail | |
|---|---|---|
| Steers | 295.00 FOB feedlot (last week) | 487.50-493.50 FOB feedlot (last week) |
| Heifers | 295.00 FOB feedlot (last week) | 487.50-493.50 FOB feedlot (last week) |
AB Cow & Bull Trade
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 215.00-250.00 | 197.00-214.00 | 227.00-250.00 |
US Trade
In the U.S, trade was scattered over the course of the week. Dressed sales in Iowa and Nebraska ranged from $340.00-347.00/cwt, $10.00-12.00/cwt, lower than the previous week. Live sales in the North were from $215.00-221.00/cwt (mostly $218.00/cwt), $4.00-7.00/cwt lower. Live sales in Texas and Kansas were from $222.00-224.00/cwt, $5.00/cwt weaker. Last Friday the market digested some negative news. Tyson Foods announced the closure of one of its beef plants in Lexington Nebraska, while the one plant in Amarillo Texas will be scaled back to one shift per day. Over the past few years, no Canadian fed cattle were being shipped into Lexington for slaughter. The slaughter plant in Lexington has a daily capacity of 5,000 head per day. Both live and feeder cattle contracts are locked limit down today.
US Trade
| Live | Rail | |
|---|---|---|
| Choice Steers | 218.00 (NE, IA, CO) 222.00-224.00 (TX, KN) last week | 340.00-347.00 (IA, NE) last week |
| Choice Heifers | 218.00 (NE, IA, CO) 222.00-224.00 (TX, KN) last week | 340.00-347.00 (IA, NE) last week |
Chicago Mercantile Exchange
| December | February | April |
|---|---|---|
| 207.20 -7.25 | 207.52 -7.25 | 207.90 -7.25 |
National slaughter cows
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 297.91 |
Replacement Trade
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+ | 427.00-430.00 | 385.00-407.00 |
| 800-900 | 440.00-478.00 | 416.00-432.00 |
| 700-800 | 481.00-510.00 | 431.00-450.00 |
| 600-700 | 546.00-607.00 | 489.00-522.00 |
| 500-600 | 621.00-657.00 | 527.00-580.00 |
| 400-500 | 695.00-758.00 | 585.00-685.00 |
| 300-400 | 762.00-852.00 | 687.00-757.00 |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | 5,525-6,125/head | --- |
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Livestock Price Insurance Index
Last Updated on November 21, 2025. For more information visit lpi.ca
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 |
|---|---|---|---|---|---|
| 16-Feb-26 | 276 | 418 | -- | 420 | -- |
| 16-Mar-26 | 276 | 412 | -- | 414 | -- |
| 13-Apr-26 | 280 | 408 | -- | 408 | -- |
| 11-May-26 | 288 | 410 | -- | 410 | -- |
| 08-June-26 | 294 | 408 | -- | -- | -- |
| 06-July-26 | 286 | -- | -- | -- | -- |
| 03-Aug-26 | 278 | -- | -- | -- | -- |