Live: 282.00 FOB feedlot last week
Rail: 472.50-483.50 FOB feedlot last week
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AB Direct - Steers
AB Direct - Heifers
Live: 282.00 FOB feedlot last week
Rail: 472.50-483.50 FOB feedlot last week
Rail: 472.50-483.50 FOB feedlot last week
US Trade- Steers
Live: 208.00-210.00 (IA, NE), 215.00-220.00 (TX, KN) last week
Rail: 330.00 (IA, NE) last week
Rail: 330.00 (IA, NE) last week
US Trade - Heifers
Live: 208.00-210.00 (IA, NE), 215.00-220.00 (TX, KN) last week
Rail: 330.00 (IA, NE) last week
Rail: 330.00 (IA, NE) last week
Canadian Dollar
$71.64
0.01
0.01
Cattle Report
Last Updated: December 1, 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 $284.00/cwt, $9.00/cwt lower than the previous week. This is the second largest weekly price decline seen this year. Fed prices are trading at the lowest point since April. Last week butcher cows traded $1.00-4.00/cwt lower through commercial auction facilities. Non-fed volumes are starting to tighten up a little bit. Demand for old bred cows has weakened slightly but prices are still strong enough to keep these old bred cows out of the slaughter mix.
Canadian Dollar
$71.64 0.01
Steer & Heifer Trade
| Live | Rail | |
|---|---|---|
| Steers | 282.00 FOB feedlot last week | 472.50-483.50 FOB feedlot last week |
| Heifers | 282.00 FOB feedlot last week | 472.50-483.50 FOB feedlot last week |
AB Cow & Bull Trade
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 211.00-230.00 | 190.00-208.00 | 229.00-252.00 |
US Trade
In the U.S, trade was scattered over the course of the week. Live sales in Texas and Kansas started out at $215.00/cwt however, by Friday cattle were trading at $220.00/cwt, $4.00-7.00/cwt lower than the previous week. Dressed sales in Iowa and Nebraska were at $330.00/cwt, $15.00/cwt softer while live sales were from $208.00-210.00/cwt, $8.00/cwt weaker. US steer carcass weights increased 6lbs to average 986lbs, a new record high. Despite more fat coming off these carcasses, the US 50% trim market continues to be impressive with prices 135% higher than last year.
US Trade
| Live | Rail | |
|---|---|---|
| Choice Steers | 208.00-210.00 (IA, NE), 215.00-220.00 (TX, KN) last week | 330.00 (IA, NE) last week |
| Choice Heifers | 208.00-210.00 (IA, NE), 215.00-220.00 (TX, KN) last week | 330.00 (IA, NE) last week |
Chicago Mercantile Exchange
| December | February | April |
|---|---|---|
| 214.80 -0.77 | 216.30 -1.55 | 217.97 -1.57 |
National slaughter cows
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 296.19 |
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+ | 422.00-435.00 | 391.00-410.00 |
| 800-900 | 470.00-477.00 | 407.00-469.00 |
| 700-800 | 487.00-519.00 | 419.00-472.00 |
| 600-700 | 526.00-589.00 | 483.00-494.00 |
| 500-600 | 586.00-643.00 | 530.00-601.00 |
| 400-500 | 679.00-765.00 | 635.00-675.00 |
| 300-400 | 800.00-849.00 | 717.00-720.00 |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | 6,000-7,700/head | --- |
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Livestock Price Insurance Index
Last Updated on November 27, 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 |
|---|---|---|---|---|---|
| 23-Feb-26 | 268 | 414 | -- | 410 | -- |
| 23-Mar-26 | 270 | 410 | -- | 408 | -- |
| 20-Apr-26 | 274 | 408 | -- | 406 | -- |
| 18-May-26 | 284 | 410 | -- | 408 | -- |
| 15-June-26 | 286 | 408 | -- | -- | -- |
| 13-July-26 | 278 | -- | -- | -- | -- |
| 10-Aug-26 | 270 | 406 | -- | -- | -- |