Alberta direct cattle sales Thursday saw light trade develop with live sales reported just over 164.00 FOB the feedlot, fully steady with last week’s weighted average price. Dressed sales were reported from 275.00-277.00 delivered, fully steady with last week as well. Most of the cattle that traded this week were being scheduled for late June/early July delivery. Sale volumes are not large but his week’s cash offering has been cleaned up.
|D1, D2 Cows||D3 Cows||Bulls|
|Boner Cows||Rail Average|
|Over 500 lbs.||US$ 139.94|
In the US, around 500 head of cattle traded between Iowa and Nebraska yesterday with dressed sales ranging from 190.00-191.00 and live sales were marked at 120.00, both live and dressed sales are fully steady with the previous week. Light clean up trade is still possible but for the most part business has wrapped up for this week. US fed cattle prices have traded sideways for the past five weeks. US steer carcass weights dropped 4lbs to average 884lbs.
|Choice Steers||120.00 (Nebraska)||190.00-191.00|
|Choice Heifers||120.00 (Nebraska)||190.00-191.00|
|117.70, +0.12||119.05, +0.50||124.62, +0.42|
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.
|Bred Cows||Bred Heifers||Cow/Calf Pairs|
|---||---||2400-3100 (Central AB)|
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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.