Feeder Report
Slaughter Report
Alberta direct cattle sales on Wednesday saw light trade develop with dressed sales at $538.00/cwt delivered, steady with last week. Buying interest has been noted from all western Canadian packers but competition on the cash market has been somewhat limited. There have been a few cattle marketed on a formula basis, these cattle will be priced off the Canfax average price. US packer inquires have been limited this week. The cattle feeder traditionally gains leverage over the packer heading into the spring market and that seems to be the case this year as well.
$73.55 0.04
| Live | Rail | |
|---|---|---|
| Steers | --- | 538.00 del |
| Heifers | --- | 538.00 del |
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 240.00-253.00 | 218.00-235.00 | 258.00-296.00 |
In the US, light trade was reported in Iowa and Nebraska yesterday with dressed sales at $372.00/cwt, $8.00/cwt lower than last week. Live sales in the Northern feeding states were at $235.00/cwt, $5.00/cwt lower. Sales in Texas and Kansas ranged from $235.00-236.00/cwt, $4.00-5.00/cwt softer. Beef cutout values have advanced and packer margins have improved. Not only have strengthening wholesale beef prices helped packer margins but stronger by-product prices have also been supportive. US by-product values have steady increased since the start of the year. Hide values are below last year while tallow, tripe and oxtail prices are above year ago levels.
| Live | Rail | |
|---|---|---|
| Choice Steers | 235.00 (NE, IA), 235.00-236.00 (TX, KN) | 372.00 (IA, NE) |
| Choice Heifers | 235.00 (NE, IA), 235.00-236.00 (TX, KN) | 372.00 (IA, NE) |
| April | June | August |
|---|---|---|
| 229.77 -0.37 | 227.82 -0.25 | 226.42 +0.25 |
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 315.98 |
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+ | 451.00-460.00 | 419.00-434.00 |
| 800-900 | 473.00-514.00 | 468.00-469.00 |
| 700-800 | 534.00-572.00 | 493.00-533.00 |
| 600-700 | 605.00-665.00 | 545.00-595.00 |
| 500-600 | 698.00-742.00 | 602.00-630.00 |
| 400-500 | 750.00-830.00 | 662.00-718.00 |
| 300-400 | --- | --- |
| Bred Cows | Bred Heifers | Cow/Calf Pairs |
|---|---|---|
| --- | --- | --- |
Disclaimer: Information on this page is not for further distribution without permission from Canfax
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 |
|---|---|---|---|---|---|
| 01-Jun-26 | 310 | 472 | -- | -- | -- |
| 29-Ju-26 | 308 | 464 | -- | -- | -- |
| 27-Jul-26 | 302 | -- | -- | -- | -- |
| 24-Aug-26 | 296 | 466 | -- | 470 | -- |
| 21-Sep-26 | 292 | 466 | 582 | 466 | 586 |
| 19-Oct-26 | 290 | 464 | 586 | 460 | 586 |
| 16-Nov-26 | 282 | 456 | 584 | 452 | 586 |
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