AB Direct - Steers

Live: ---
Rail: ---

AB Direct - Heifers

Live: ---
Rail: ---

US Trade- Steers

Live: ---
Rail: ---

US Trade - Heifers

Live: ---
Rail: ---

Canadian Dollar

$73.39
0.04

Cattle Report

Last Updated: 28/03/2023

Audio Updates

Feeder Report

Slaughter Report

Direct Sales

Alberta direct cattle sales Monday saw no new trade to report this week’s showlist has been compiled with volumes smaller than the previous week. Last week on a cash-to-cash basis Alberta fed prices were at a 14.00 discount against the Nebraska market, the strongest basis level in six months. Western Canadian steer carcass weights are the smallest they have been all year. With stronger prices feedlot margins have gone from negative to slightly positive. One could make the argument feedlot inventories are becoming more current.

Canadian Dollar

$73.39   0.04

Steer & Heifer Trade

Live Rail
Steers --- ---
Heifers --- ---

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
125.00-142.00 90.00-124.00 135.00-165.00

US Trade

In the US, there is no new trade to report and not even a bid to speak of today. Significant trade will likely be delayed until the second half of this week. Asking prices are expected to start out around 167.00 on a live basis. April and June live cattle contracts have rallied around 300 points over the past two trading sessions. Early expectations are for cash prices to be steady to higher this week.

US Trade

Live Rail
Choice Steers --- ---
Choice Heifers --- ---

Chicago Mercantile Exchange

April June August
164.72, -0.17 158.80, -0.07 158.52, -0.07

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. US$ 186.88

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+ 232.00-249.00 ---
800-900 251.00-261.00 230.00-241.00
700-800 277.00-295.00 255.00-267.00
600-700 300.00-311.00 269.00-288.00
500-600 325.00-338.00 288.00-310.00
400-500 335.00-368.00 291.00-316.00
300-400 340.00-370.00 297.00-331.00
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
19-Jun-23 212 278 - - -
17-Jul-23 206 - - - -
14-Aug-23 204 274 - 274 -
11-Sep-23 202 280 - 278 -
9-Oct-23 204 286 310 286 312
6-Nov-23 204 286 308 286 308
4-Dec-23 202 276 302 278 306
Last Updated on March 23, 2023. For more information visit lpi.​ca