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AB Direct - Steers

Live: 296.00 FOB feedlot (last week)
Rail: 487.00-491.50 FOB feedlot (last week)

AB Direct - Heifers

Live: 296.00 FOB feedlot (last week)
Rail: 487.00-491.50 FOB feedlot (last week)

US Trade- Steers

Live: 218.00-220.00 (TX, KN), 225.00-228.00 (IA, NE) last week
Rail: 352.00-360.00 (NE, IA) last week

US Trade - Heifers

Live: 218.00-220.00 (TX, KN), 225.00-228.00 (IA, NE) last week
Rail: 352.00-360.00 (NE, IA) last week

Canadian Dollar

$71.58
0.34
February 19, 2021 Innovation & Technology

RDAR announces new CEO

RDAR has announced the appointment of Dr. Mark Redmond as the new Chief Executive Officer, effective March 1. Dr. Gerald Hauer has filled the role of interim CEO since the organization’s inception and will continue to assist in the transition.

Dr. Redmond joins RDAR with over 25 years of experience in business, research and academics relating to agriculture. He has held positions as the Director of Incubation Service with a leading bio-based research company, Associate Dean at NAIT’s School of Health, and Adjunct Professor positions at the University of Alberta and Western College of Veterinary Medicine.

A release from the organization states that, “Mark looks forward to working with Alberta farmers, ranchers, researchers, and government in the vital work of accelerating Alberta’s agriculture research potential and growing innovation from the roots up.”

RDAR has also recently announced that after receiving a strong response to their inaugural call for proposals, an additional $3 million will be allocated towards funding agriculture research proposals – on top of the original $4 million. ABP continues to work closely with RDAR to reduce duplication and maximize industry investment in research projects that improve the competitiveness, profitability and sustainability of producers in Alberta.

Cattle Report

Updated: 12/05/2025

Steers

Live: 296.00 FOB feedlot (last week)
Rail: 487.00-491.50 FOB feedlot (last week)

Heifers

Live: 296.00 FOB feedlot (last week)
Rail: 487.00-491.50 FOB feedlot (last week)

Choice Steers

Live: 218.00-220.00 (TX, KN), 225.00-228.00 (IA, NE) last week
Rail: 352.00-360.00 (NE, IA) last week

Choice Heifers

Live: 218.00-220.00 (TX, KN), 225.00-228.00 (IA, NE) last week
Rail: 352.00-360.00 (NE, IA) last week

Boner Cows

Over 500 lbs: 284.86

Canadian Dollar

$71.58   0.34

Livestock Price Insurance Index

Expiry Fed Feeder Calf
28-Jul-25 274 -- --
25-Aug-25 268 390 --
22-Sep-25 264 392 450
20-Oct-25 258 386 452
17-Nov-25 252 380 446
15-Dec-25 254 370 442
Last Updated on May 1, 2025