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AB Direct - Steers

Live: ---
Rail: 586.00-589.00 FOB feedlot (last week)

AB Direct - Heifers

Live: ---
Rail: 586.00-589.00 FOB feedlot (last week)

US Trade- Steers

Live: 258.00-260.00 (TX, KN, IA, NE) last week
Rail: 405.00-410.00 (NE, IA) last week

US Trade - Heifers

Live: 258.00-260.00 (TX, KN, IA, NE) last week
Rail: 405.00-410.00 (NE, IA) last week

Canadian Dollar

$70.90
0.09

Cattle Report

Last Updated: June 22, 2026

Audio Updates

Feeder Report

Slaughter Report

Direct Sales

Alberta direct cattle last week saw light trade develop with weighted average steer and heifer prices closing the week around 352.50/cwt, $3.50/cwt higher than the previous week. This is the sixth consecutive year that fed prices have established first half of the year highs in June. Last week butcher cows traded steady to $1.00/cwt lower through commercial auction facilities. There have been a few more grain fed cows on the market as of late. Despite the uptick in cow supplies, prices continue to hold up very well.

 

 

 

Canadian Dollar

$70.90   0.09

Steer & Heifer Trade

Live Rail
Steers --- 586.00-589.00 FOB feedlot (last week)
Heifers --- 586.00-589.00 FOB feedlot (last week)

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
251.00-290.00 233.00-245.00 294.00-327.00

US Trade

In the US, most of the trade took place on Friday. Dressed sales in Iowa and Nebraska ranged from $405.00-410.00/cwt (mostly $408.00/cwt) $3.00/cwt higher thane the previous week. Live sales in all major feeding states started out at $258.00/cwt however, by Friday afternoon cattle were trading at $260.00/cwt. Live sales were $3.00-5.00/cwt stronger. USDA released its June 1st cattle on feed report last week and it was viewed as slightly bullish as feedlot placements came in below pre-report estimates.  For the month of May placements were 10% lower than last year. the largest year over year decline in placements were in Nebraska followed by Texas. Cattle on feed inventories have made a counter seasonal move higher. Cattle on feed inventories were reported at 11.7 million head, 2% larger than last year.

US Trade

Live Rail
Choice Steers 258.00-260.00 (TX, KN, IA, NE) last week 405.00-410.00 (NE, IA) last week
Choice Heifers 258.00-260.00 (TX, KN, IA, NE) last week 405.00-410.00 (NE, IA) last week

Chicago Mercantile Exchange

June August October
257.00 +2.20 249.12 +2.50 242.20 +2.22

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. 335.01

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+ 465.00-467.00 442.00-444.00
800-900 514.00-531.00 445.00-479.00
700-800 572.00-580.00 510.00-537.00
600-700 587.00-660.00 566.00-630.00
500-600 700.00-735.00 659.00-713.00
400-500 750.00-840.00 690.00-735.00
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

Last Updated on June 18, 2026. For more information visit lpi.​ca

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
14-Sept-26 324 506 -- 508 --
12-Oct-26 320 504 -- 504 --
09-Nov-26 308 494 -- 494 --
07-Dec-26 308 482 -- 484 --
01-Feb-27 304 478 -- 478 --
01-Mar-27 302 474 -- 472 --
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