Feeder Report
Slaughter Report
Alberta direct cattle sales on Monday saw no new trade to report, this week’s showlist has been compiled with volumes smaller than the previous week. Over the past couple of weeks Alberta fed prices have been trading par to a slight premium against the Nebraska market. For the middle of March this is the second strongest basis on record, the only year that was stronger was back in 2021. Canfax released its monthly Trends report the other day. Heavier weight feeders placed in March have breakevens in the mid-$330’s/cwt targeting the fourth quarter market. Feedlots are banking on record high fed cattle prices. From a hedgable standpoint these feeders are being purchased about $500/head offside.
$73.04 0.12
| Live | Rail | |
|---|---|---|
| Steers | --- | --- |
| Heifers | --- | --- |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 240.00-258.00 | 215.00-235.00 | 260.00-275.00 |
In the US, there is no new trade to report, and significant trade will likely be delayed until the second half of this week. Asking prices are poorly defined but are expected to start out around $240.00/cwt on a live basis. Four state showlist volumes have been reported smaller with the largest declines in fed supplies noted in the Southern feeding states. USDA released its March 1st cattle on feed report last Friday and it was viewed as slightly negative as feedlot placements came in above industry estimates. Feedlot placements were 4% larger than last year. The First time in ten months that placements have been above last year. March 1st cattle on feed inventories were reported at 11.5 million head, slightly below last year.
| Live | Rail | |
|---|---|---|
| Choice Steers | --- | --- |
| Choice Heifers | --- | --- |
| April | June | August |
|---|---|---|
| 234.50 -0.80 | 233.57 -1.07 | 231.15 -0.60 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 316.03 |
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+ | 460.00-475.00 | 435.00-437.00 |
| 800-900 | 491.00-515.00 | 458.00-475.00 |
| 700-800 | 529.00-569.00 | 502.00-532.00 |
| 600-700 | 587.00-675.00 | 545.00-600.00 |
| 500-600 | 710.00-750.00 | 620.00-652.00 |
| 400-500 | 745.00-795.00 | 710.00-765.00 |
| 300-400 | 880.00-895.00 | 775.00-830.00 |
| 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 |
|---|---|---|---|---|---|
| 15-Jun-26 | 310 | 468 | -- | -- | -- |
| 13-Jul-26 | 304 | -- | -- | -- | -- |
| 10-Aug-26 | 300 | 464 | -- | -- | -- |
| 07-Sept-26 | 294 | 464 | -- | 464 | -- |
| 05-Oct-26 | 292 | 464 | 576 | 462 | 586 |
| 02-Nov-26 | 282 | 456 | 572 | 452 | 580 |
| 30-Nov-26 | 282 | 448 | 572 | 446 | 582 |
Tap the menu button next to the address bar or at the bottom of your browser.
Select ‘Install’ or ‘Add to Homescreen’ to stay connected.