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AB Direct - Steers

Live: ---
Rail: 492.00-493.50 FOB feedlot (last week)

AB Direct - Heifers

Live: ---
Rail: 492.00-493.50 FOB feedlot (last week)

US Trade- Steers

Live: 228.00 (NE, IA) last week
Rail: 355.00-363.00 (IA, NE) last week

US Trade - Heifers

Live: 228.00 (NE, IA) last week
Rail: 355.00-363.00 (IA, NE) last week

Canadian Dollar

$73.01
0.19
January 19, 2022 Current Markets & Forecasts

South Korea lifts temporary suspension of Canadian beef imports

South Korea has lifted its temporary suspension of Canadian beef imports.

The suspension was imposed in December, after an atypical case of bovine spongiform encephalopathy (BSE) was identified in Alberta.

Minister of Agriculture and Agri-Food Marie-Claude Bibeau calls it “great news for our cattle sector, who provide the world with safe, high-quality beef.”

The regulations in some countries do not differentiate between atypical and typical BSE, so when a case occurs, they need a little more time and information before returning to trade-as-usual.

China and the Phillipines are the only other countries to suspend Canadian beef imports since the December case.

Atypical BSE happens sporadically in cattle populations, and there is no evidence to suggest this form is transmissible.

Latest News

Cattle Report

Updated: December 22, 2025

Steers

Live: ---
Rail: 492.00-493.50 FOB feedlot (last week)

Heifers

Live: ---
Rail: 492.00-493.50 FOB feedlot (last week)

Choice Steers

Live: 228.00 (NE, IA) last week
Rail: 355.00-363.00 (IA, NE) last week

Choice Heifers

Live: 228.00 (NE, IA) last week
Rail: 355.00-363.00 (IA, NE) last week

Boner Cows

Over 500 lbs: 301.90

Canadian Dollar

$73.01   0.19

Livestock Price Insurance Index

Expiry Fed Feeder Calf
16-Mar-26 286 446 --
13-Apr-26 290 444 --
11-May-26 298 446 --
08-June-26 302 444 --
06-July-26 294 -- --
03-Aug-26 288 -- --
31-Aug-26 278 440 --
Last Updated on December 18, 2025