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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

Canfax

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September 15, 2025 Checking in with ABP

Canfax Weekly Article | Report for the week of September 15, 2025

Since the beginning of July, fed prices have rallied $18/cwt and have again established new record highs. Last week, the Canfax average fed steer and heifer price closed around $315/cwt live, $2/cwt higher than the previous week. Light trade was reported last week with dressed sales reported from $518.00–526.50/cwt FOB the feedlot. Buying interest was…

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September 10, 2025 Business Tools

Financial benchmarks help producers fine-tune goals

The Canadian Cow-calf Cost of Production (COP) Network has released new whole-farm financial benchmarks to help producers measure profitability and identify opportunities to strengthen their bottom line. The COP Network is an initiative of Canfax Research Services, funded by the Beef Cattle Research Council, to create standardized, pan-Canadian benchmarks for cow-calf production systems. Producer data…

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September 8, 2025 Checking in with ABP

Canfax Weekly Article | Report for the week of September 8, 2025

Alberta fed prices averaged in the low $310s/cwt last week. Western Canadian fed prices have rallied $13.00/cwt over the past month. Not only have prices advanced but basis levels have also strengthened. Dressed sales were reported at $525.00/cwt delivered, $5.00–15.00/cwt stronger than the previous week. Cattle that traded were scheduled for delivery in the second…

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September 2, 2025 Checking in with ABP

Canfax Weekly Article | Report for the week of September 1, 2025

Fed prices continue to advance, setting new record highs. Last week, the Canfax average fed steer and heifer price closed around $307/cwt live, $5/cwt higher than previous week. Light trade was reported last week with dressed sales reported from $508.00–518.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. Cattle that traded…

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August 25, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of August 25, 2025

Alberta fed prices averaged in the low $300s/cwt last week. The fed market has exceeded expectations as annual price highs in August are very uncommon as this only occurred once over the past fifty years. Western Canadian fed prices were 22 per cent higher than last year and 38 per cent higher than the three-year…

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August 18, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of August 18, 2025

The summer fed market has been rather impressive as fed prices established new highs. Only once in the past 50 years have fed prices ever established annual highs in August, and that was in 2008. Last week, the Canfax average fed steer and heifer price closed around $301/cwt live, $1.50/cwt higher than the previous week….

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August 11, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of August 11

Alberta fed prices continue to strengthen, which is uncommon for the summer months. Despite historically strong prices, Alberta fed prices were at a sizeable discount to both the U.S. and Ontario markets. Alberta fed prices were trading at around $35.00-$38.00/cwt discount against the Nebraska market, the weakest basis since 2005. Dressed sales were reported from…

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August 5, 2025 Current Markets & Forecasts

Canfax Weekly Article: Report for the week of August 4, 2025

Report for the week of August 04, 2025 The summer fed market has been rather impressive as fed prices established new highs. The Canfax average fed steer and heifer price closed around $300.50/cwt live, $2.50/cwt higher than previous week. Light trade was reported last week with dressed sales reported from $501.50-504.50/cwt FOB the feedlot. Buying…

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July 28, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 28, 2025

Alberta fed prices averaged in the high 290s/cwt, despite season pressure, prices have increased over the past couple weeks. Dressed bids and sales were reported from $495.00-$503.00/cwt delivered (mostly $500.00/cwt delivered). Competition on the cash market was mixed, and U.S. interest was quiet. Cattle that traded were scheduled for delivery from mid-August to early September….

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July 21, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 21, 2025

The Canfax average fed steer and heifer price closed around $297.50/cwt live, $1.50/cwt higher than previous week. Fed prices are around $40/cwt higher than last year. Light trade was reported last week with dressed sales reported from $493.50498.50/cwt FOB the feedlot. Competition on the cash market was mixed last week. Cattle that traded were scheduled…

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July 14, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 14, 2025

Alberta fed prices averaged in the mid $290s/cwt, despite the slight pullback, fed prices are within $5.00/cwt of their highs set back in June. Dressed sales were reported from $495-$500/cwt delivered. Buying interest was noted from all Western Canadian packers. Cattle that traded were scheduled for delivery throughout August. Over the past couple of weeks,…

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July 7, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of July 7, 2025

The Canfax average fed steer and heifer price closed around $296.75/cwt live, $1/cwt lower than previous week. Fed prices have declined for three consecutive weeks. Light trade was reported last week with dressed sales reported from $494.50-498.50/cwt FOB the feedlot. Buying interest was noted from all Western Canadian packers. Cattle that traded were being scheduled…

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Featured

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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