AB Direct - Steers

Live: ---
Rail: 387.00-388.50 FOB lot last week

AB Direct - Heifers

Live: ---
Rail: ---

US Trade- Steers

Live: 183.00-184.00 (TX, KN), 184.00 (NE) last week
Rail: 290.00-291.00 (IA, NE) last week

US Trade - Heifers

Live: 183.00-184.00 (TX, KN) 184.00 (NE) last week
Rail: 290.00-291.00 (IA, NE) last week

Canadian Dollar

$73.27
0.56

Cattle Report

Last Updated: 02/10/2023

Audio Updates

Feeder Report

Slaughter Report

Direct Sales

Alberta direct cattle sales last week saw light trade develop with weighted average steer prices closing the week around $232.75/cwt, fully steady with the previous week. Last week buying interest was noted from all three Western Canadian packers. Butcher cow traded $4.00-5.00/cwt lower through commercial auction facilities last week. Cow prices have declined for eleven consecutive weeks dropping $23.00/cwt. Over the past couple of weeks there has been a noticeable decline in feeder cow buying interest. The bight spot of the non-fed market has been butcher bulls. Last week butcher bulls traded $2.00/cwt higher, butcher bull prices are trading $6.00/cwt shy of their summer highs.

Canadian Dollar

$73.27   0.56

Steer & Heifer Trade

Live Rail
Steers --- 387.00-388.50 FOB lot last week
Heifers --- ---

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
131.00-149.00 118.00-125.00 150.00-172.00

US Trade

In the U.S, dressed sales in Iowa and Nebraska ranged from $290.00-291.00/cwt, $1.00-2.00/cwt lower than the previous week. Live sales in Nebraska were at $184.00/cwt, $1.00/cwt weaker. Sales in Texas and Kansas were from $183.00-184.00/cwt, steady to a little stronger. Last week’s cattle slaughter was estimated at 612,000 head, 55,000 head smaller than last year. For the end of September this is the smallest slaughter volumes since 2015. For the end of August total beef in cold storage is 18% below last year.

US Trade

Live Rail
Choice Steers 183.00-184.00 (TX, KN), 184.00 (NE) last week 290.00-291.00 (IA, NE) last week
Choice Heifers 183.00-184.00 (TX, KN) 184.00 (NE) last week 290.00-291.00 (IA, NE) last week

Chicago Mercantile Exchange

October December February
185.92, +1.72 189.80, +1.87 194.32, +1.82

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. US $211.02

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+ 306.00-319.00 286.00-290.00
800-900 321.00-326.00 291.00-303.00
700-800 343.00-362.00 311.00-322.00
600-700 368.00-388.00 327.00-336.00
500-600 387.00-404.00 343.00-364.00
400-500 436.00-461.00 367.00-403.00
300-400 503.00-512.00 415.00-441.00
Bred Cows Bred Heifers Cow/Calf Pairs
--- --- ---

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

Livestock Price Insurance Index

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
25-Dec-23 - - - - -
22-Jan-24 234 320 - 320 -
19-Feb-24 236 330 - 328 -
18-Mar-24 238 330 - 326 -
15-Apr-24 246 334 - 332 -
13-May-24 246 340 - 338 -
10-Jun-24 252 346 - - -
Last Updated on September 28, 2023. For more information visit lpi.​ca