Cattle Report

Last Updated: 12/08/2022

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Feeder Report

Slaughter Report

Direct Sales

Alberta direct cattle sales so far this week have seen light trade develop with dressed sales ranging from 296.00-298.00 delivered, 1.00 higher than last week. Cattle that traded this week were being scheduled for early September delivery. Tentatively fed cattle prices did set new annual highs this week. Basis levels did weaken but stronger prices did encourage producers to market cattle. Cattle feeders are seeing a little relief on their cost of gains as barley prices continue to edge lower.

Canadian Dollar

$78.15 0.20

Steer & Heifer Trade

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

AB Cow & Bull Trade

D1, D2 Cows	D3 Cows	Bulls
114.00-119.00	95.00-110.00	128.00-139.00

US Trade

In the US, around 15,000 head of cattle traded between Texas and Kansas yesterday with live sales ranging from 138.00-140.00, steady with prices seen on Wednesday and 3.00 higher than last week. Light clean-up trade was reported in Iowa and Nebraska with dressed sales ranging from 229.00-232.00, steady to 4.00 higher. US steer carcass weights increased 1lb to average 894lbs, weights are 3lbs larger than last year. Grading has been somewhat disappointing, cattle grading Choice or Prime has been below last year in 16 out of the 18 weeks. This is part of the reason packers have been willing to pay a premium for longer fed, higher grading cattle.

US Trade

	Live	Rail
Choice Steers	138.00-140.00 (TX, KN)	229.00-232.00 (IA, NE)
Choice Heifers	138.00-140.00 (TX, KN)	229.00-232.00 (IA, NE)

Chicago Mercantile Exchange

August	October	December
140.45, -0.15	144.92, -0.17	150.95, -0.12

National slaughter cows

Boner Cows	Rail Average
Over 500 lbs.	US$ 170.11

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+	214.00-225.00	193.00-207.00
800-900	228.00-238.00	204.00-222.00
700-800	218.00-255.00	210.00-241.00
600-700	227.00-250.00	211.00-224.00
500-600	236.00-260.00	214.00-232.00
400-500	250.00-271.00	225.00-232.00
300-400	---	---

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
7-Nov	174	226	-	222	-
5-Decv	174	222	-	218	-
30-Jan	184	226	-	224	-
27-Feb	182	226	-	224	-
27-Mar	188	230	-	226	-
24-Apr	192	230	-	228	-

Last Updated on August 11, 2022. For more information visit lpi.ca