AB Direct - Steers

Live: ---
Rail: 304.00-305.00 del (bids/sales)

AB Direct - Heifers

Live: ---
Rail: 304.00-305.00 del (bids/sales)

US Trade- Steers

Live: 155.00 (TX, KN) 157.00 (NE)
Rail: 245.00-249.00 (NE, IA)

US Trade - Heifers

Live: 155.00 (TX, KN) 157.00 (NE)
Rail: 245.00-249.00 (NE, IA)

Canadian Dollar

$74.21
0.26

Cattle Report

Last Updated: 02/12/2022

Audio Updates

Feeder Report

Slaughter Report

Direct Sales

Alberta direct cattle sales so far this week have seen light trade develop with dressed bids and sales reported from $304.00-305.00 delivered, fully steady with the previous week. A few cattle traded in the upper $170’s FOB the feedlot, $3.00 lower than last week’s weighted average price. Cattle that traded this week were being scheduled for mid-January delivery. US packer interest has been quiet, and no cattle have been marketed into the US so far. Western Canadian packers did not get a lot of cattle bought and sale volumes are shaping up very light this week.

Canadian Dollar

$74.21   0.26

Steer & Heifer Trade

Live Rail
Steers --- 304.00-305.00 del (bids/sales)
Heifers --- 304.00-305.00 del (bids/sales)

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
80.00-95.00 70.00-79.00 120.00-127.00

US Trade

In the US, around 5,000 head of cattle traded between Iowa and Nebraska yesterday with dressed sales ranging from $245.00-249.00, $2.00 higher than the previous week. Live sales in Nebraska were at $157.00, steady with prices seen on Wednesday and steady with last week as well. A few cattle traded in Kansas at $155.00, steady to $1.00 stronger. US steer carcass weights declined 1lb to average 930lbs, carcass weights are 8lbs larger than last year.  Over the past three days the December corn contract has dropped 18 cent/bushel and is trading another 12 cents/bushel lower today. Feeder cattle futures have responded positively with some decent gains over the past couple of days.

US Trade

Live Rail
Choice Steers 155.00 (TX, KN) 157.00 (NE) 245.00-249.00 (NE, IA)
Choice Heifers 155.00 (TX, KN) 157.00 (NE) 245.00-249.00 (NE, IA)

Chicago Mercantile Exchange

December February April
153.35, +0.30 155.57, +0.15 159.37, +0.12

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. US$ 144.64

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+ --- 189.00-207.00
800-900 220.00-235.00 198.00-212.00
700-800 234.00-250.00 199.00-205.00
600-700 238.00-252.00 209.00-214.00
500-600 260.00-288.00 219.00-234.00
400-500 283.00-307.00 233.00-242.00
300-400 310.00-323.00 237.00-257.00
Bred Cows Bred Heifers Cow/Calf Pairs
--- 1,825-2,600/head ---

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
27-Feb-23 192 226 - 226 -
27-Mar-23 196 228 - 228 -
24-Apr-23 202 232 - 234 -
22-May-23 204 240 - 240 -
19-Jun-23 208 250 - - -
17-Jul-23 204 - - - -
14-Aug-23 202 246 - 248 -
Last Updated on December 1, 2022. For more information visit lpi.​ca