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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

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June 25, 2025 Checking in with ABP

Canada Beef adopts new market diversification strategy amid trade challenges

Canada’s cattle industry was spared from the United States administration’s reciprocal tariffs on April 2, due to a carve out for products that are Canada-U.S.-Mexico Agreement (CUSMA) compliant such as Canadian live cattle and beef. The reprieve continued for CUSMA compliant goods the following week when the U.S. administration implemented and then paused some of…

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June 25, 2025 News

CWRC allocates nearly $20 million to AAFC wheat breeding activities

The Canadian Wheat Research Coalition (CWRC) has announced an investment of $19.9 million over the next three years in a core breeding agreement (CBA) with Agriculture and Agri-Food Canada (AAFC). This funding aims to develop field-ready wheat varieties, ensuring Prairie farmers have continued access to high quality wheat genetics. The new agreement is intended to…

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June 24, 2025 Checking in with ABP

CCA’s approach to tariffs and market access

The start of my term as president is during an odd combination of events. In Canada, a federal election campaign just wrapped up. While this would traditionally be a quieter time for CCA, my calendar quickly filled up with invitations to attend meetings in Washington, D.C. and with key stakeholders in Canada as we continue…

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June 24, 2025 News

CFIA increases cattle compensation limits

The Canadian Food Inspection Agency (CFIA) has announced an increase in the maximum compensation values for cattle under its animal compensation regulations. This amendment to the Compensation for Destroyed Animals and Things Regulations (CDATR) is set to provide financial support to cattle producers affected by reportable diseases. Effectively June 20, cattle producers can now receive…

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June 23, 2025 Current Markets & Forecasts

USDA reports decline in cattle on feed

The National Agriculture Statistics Service (NASS), Agricultural Statistics Board, and United States Department of Agriculture (USDA) has released its latest report indicating a slight decline in the number of cattle on feed in the United States. As of June 1, 2025, the total number of cattle and calves on feed for the slaughter market in…

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June 23, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of June 23, 2025

The Canfax average fed steer and heifer price closed around $298.50/cwt live, $1.50/cwt lower than previous week. Light trade was reported last week with dressed sales reported from $497.00-502.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. A few cattle were booked for immediate delivery but in general, lift times are…

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June 20, 2025 News

University of Manitoba establishes BCRC Chair in Beef Cattle Economic Sustainability

The University of Manitoba (UM), in collaboration with Manitoba Beef Producers, Manitoba Agriculture, and Manitoba Beef and Forage Initiatives, has announced the establishment of the BCRC Chair in Beef Cattle Economic Sustainability, thanks to a $1.5 million grant from the Beef Cattle Research Council (BCRC). Craig Lehr, BCRC chair and Alberta beef producer, emphasized the…

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June 20, 2025 Checking in with ABP

Reflecting on trade, tariffs, and industry challenges

Since being elected your ABP chair in March, it feels like we’ve jumped in head first! Literally, within the first hour or two after being appointed, we got right into some media scrums. Since the timing of our AGM and the following Alberta Beef Industry Conference coincided with tariffs scheduled to take effect, there were…

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June 19, 2025 News

Rimbey livestock auctioneer crowned world champion

Dean Edge, of Rimbey, Alberta, has become only the third Canadian to win the World Livestock Auctioneer Championship since its inception in 1963. In his acceptance speech, he credited his success to the support of his family — wife Jeanine, and children Erin, Lexie, and Lane. He also acknowledged his fellow competitors at the championship,…

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June 19, 2025 Current Markets & Forecasts

Western Canadian cattle dynamics impacted by tariffs

Market fundamentals continue to point to a bullish outlook for the Canadian beef industry in 2025, though significant volatility has already been noted. Feeder cattle contracts responded negatively to the imposition of tariffs on April 2, with the April contract declining 1,100 points by April 7. Stock and futures markets remained on the defensive as…

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June 18, 2025 News

Nine Albertans honoured with Alberta Order of Excellence

The Alberta Order of Excellence, the province’s highest honour, recognizes outstanding service and achievement across various fields. As part of the Canadian Honours System, it celebrates individuals whose leadership, innovation, and dedication have shaped Alberta’s identity and strengthened its future. Since its inception in 1979, the Alberta Order of Excellence has acknowledged individuals who have…

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June 18, 2025 News

Restaurant Gateway with best beef dishes contest launched

The Restaurant Gateway (available in English and French) is a new phase of the Canadian Beef Information Gateway. Launched in March, the online hub celebrates high-quality Canadian beef and features restaurants, videos from chefs and producers, and province-specific content. The Restaurant Gateway also hosts the Best Canadian Beef Dishes Contest, which runs until November 30,…

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Featured

  • Producer Meetings

    Who could say no to a $10 supper with friends and colleagues? Join fellow cattle producers for a meal and conversations at the 2026 Producer Meetings.

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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