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AB Direct - Steers

Live: ---
Rail: ---

AB Direct - Heifers

Live: ---
Rail: ---

US Trade- Steers

Live: ---
Rail: 398.00-400.00 *few (IA, NE)

US Trade - Heifers

Live: ---
Rail: 398.00-400.00 *few (IA, NE)

Canadian Dollar

$73.55
0.01

Cattle Report

Last Updated: May 6, 2026

Audio Updates

Feeder Report

Slaughter Report

Direct Sales

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. Packers are likely pulling hard on May contract cattle. Fed calves are starting to hit the market, but numbers seem a little lighter than normal for this time of the year. As more calves start to enter the slaughter mix look for carcass weights and quality grade percentage to seasonally decline. Looking at the feed grain market barley prices continue to trend higher. With many folks in the fields, many are focused on seeding versus delivering grain to the feedlot or the elevator. Barley is trading at the highest point since June of last year.

 

 

 

Canadian Dollar

$73.55   0.01

Steer & Heifer Trade

Live Rail
Steers --- ---
Heifers --- ---

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
237.00-251.00 217.00-235.00 252.00-278.00

US Trade

In the US, light trade was reported in Iowa and Nebraska yesterday with dressed sales ranging from $398.00-400.00/cwt, mostly steady with last week. This does not set a market trend. With longer days on feed and record large carcass weights for 2026 quality grading percentage has been impressive. Prime grading was reported just over 14%, a new record high.  Looking at the pork market, the US pork cutout value has generally moved sideways since the beginning of the year. Pork cutout values are steady with last year and below the five-year average.

US Trade

Live Rail
Choice Steers --- 398.00-400.00 *few (IA, NE)
Choice Heifers --- 398.00-400.00 *few (IA, NE)

Chicago Mercantile Exchange

June August October
253.22 n/c 248.67 +0.32 244.00 +0.77

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. 328.58

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+ 458.00-461.00 439.00-448.00
800-900 528.00-543.00 455.00-462.00
700-800 545.00-571.00 499.00-539.00
600-700 610.00-625.00 565.00-600.00
500-600 695.00-710.00 612.00-658.00
400-500 785.00-840.00 670.00-680.00
300-400 --- ---
Bred Cows Bred Heifers Cow/Calf Pairs
4,900-5,850/head --- 7,000-8,200/pair

Disclaimer: Information on this page is not for further distribution without permission from Canfax

Livestock Price Insurance Index

Last Updated on April 30, 2026. 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
27-July-26 326 -- -- -- --
24-Aug-26 318 490 -- 498 --
21-Sept-26 312 490 598 492 612
19-Oct-26 306 486 598 486 608
16-Nov-26 296 476 594 476 606
14-Dec-26 300 468 592 470 606
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