Live: ---
Rail: ---
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AB Direct - Steers
AB Direct - Heifers
Live: ---
Rail: ---
Rail: ---
US Trade- Steers
Live: 182.00 (TX, KN)
Rail: ---
Rail: ---
US Trade - Heifers
Live: 182.00 (TX, KN)
Rail: ---
Rail: ---
Canadian Dollar
$73.01
0.02
0.02
Canfax
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February 5, 2024
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of February 5, 2024
In Alberta last week, the weighted average fed steer price was $217.50/cwt live. Dressed sales were reported from $360-$365/cwt delivered. Dressed sales were not only steady with the previous week but prices have been steady for the past month. Cattle that traded were being scheduled anywhere from the second half of February to the second…
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January 29, 2024
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of January 29, 2024
Sale volumes were too light to establish a weighted average fed price. It was a disappointing week as both Ontario and U.S. fed prices were stronger than the western Canadian fed market. Dressed bids/sales were reported steady with two weeks ago. Most of the cattle on offer were passed with some cattle being reallocated to…
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January 22, 2024
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of January 22, 2024
Sale volumes were too light to establish a weighted average fed price, but the market tone was steady. Last week dressed sales and bids were reported $362-365/cwt delivered. U.S. packer interest was noted but no cash sales were confirmed. The few cattle that traded were scheduled for March delivery. Tentatively Alberta fed cash-to-futures basis did…
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January 15, 2024
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of January 15, 2024
Alberta fed prices closed last week at $218.75/cwt, $0.50/cwt lower compared to the second half of December. Over the past couple of years, January has not necessarily been the friendliest month for the cattle feeder. Last week, buying interest was noted from all three Western Canadian packers, however, competition on the cash market was limited…
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January 8, 2024
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of January 8, 2024
Many feedlots have indicated a large percentage of their cattle for the first quarter of this year are contracted and cash numbers will be light. With packers having a large percentage of their cattle procured via contracts, cash leverage has been limited and this trend might continue over the next couple of months. Over the…
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December 25, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of December 25, 2023
In Alberta last week, the weighted average price was $219/cwt live, down $1.60/cwt from the previous week. Dressed trade was reported from $362-363/cwt FOB, $3.75-7.00/cwt lower. Heifer trade was too light to establish a weekly trend. Steer carcass weights in the West last week were 983 lb, re-establishing a new all-time high and were two…
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December 18, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of December 18, 2023
The Canfax fed steer price closed the week around $221/cwt, $4/cwt lower than the previous week. All three Western Canadian packers bought cattle but competition on the cash market was somewhat disappointing. In some instances, packers were limiting the amount of cattle they were buying from each producer. Last week, dressed sales were reported from…
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December 12, 2023
Current Markets & Forecasts
2023 Beef retail prices reach new highs, domestic supplies projected lower
Average retail beef prices have finally turned lower after trending counter-seasonally higher through the summer. If seasonal trends play out for the remainder of 2023, retail beef prices will decline a significant 7 per cent in October, rebound 10 per cent in November, then decline 12 per cent in December. Retail prices (stewing cuts, striploin…
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December 11, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of December 11, 2023
Alberta steers averaged $374-$377/cwt FOB last week, $6-7/cwt lower than the previous week’s tone. Live weighted average prices in Alberta were steady to $4/cwt lower than the previous week’s tone, with steers at $225/cwt. Packers appear well positioned with cattle moving through December. Delivery dates are well into the new year. Steer carcass weights in…
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December 4, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of December 4, 2023
Sale volumes were too light to establish a weighted average fed price. Last week, dressed sales and bids were reported from $378-383/cwt delivered, $2/cwt lower than the previous week. Tentatively fed cattle prices are at the lowest point since April. From a supply perspective, fed calf supplies have started to wind down, while yearling numbers…
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November 27, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of November 27, 2023
Alberta fed prices continued to trend contra seasonally lower last week on waning cash market leverage. The bulk of trade was reported dressed from $380-385/cwt delivered, steady to $5/cwt lower than previous week rail bids. Light live trade was also reported at $226/cwt freight on board (FOB) the feedlot. Weighted average steer prices eased $1.46/cwt…
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November 20, 2023
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of November 20, 2023
Sale volumes were too light to establish a weighted average fed price, but the market tone was steady to slightly lower. Last week dressed sales and bids were marked at $385/cwt delivered. Cattle that traded were being scheduled for early January delivery. Competition on the cash market has been limited, in some instances packers were…
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Cattle Report
Updated: 25/04/2024
Steers
Live: ---
Rail: ---
Heifers
Live: ---
Rail: ---
Choice Steers
Live: 182.00 (TX, KN)
Rail: ---
Choice Heifers
Live: 182.00 (TX, KN)
Rail: ---
Boner Cows
Over 500 lbs: 255.08
Canadian Dollar
$73.01 0.02
Livestock Price Insurance Index
| Expiry | Fed | Feeder | Calf |
|---|---|---|---|
| 8-Jul-24 | 226 | -- | -- |
| 5-Aug-24 | 222 | 318 | -- |
| 2-Sep-24 | 220 | 324 | -- |
| 30-Sep-24 | 220 | 324 | 366 |
| 28-Oct-24 | 218 | 324 | 366 |
| 25-Nov-24 | 216 | 320 | 364 |
| 23-Dec-24 | 222 | 312 | 360 |
Last Updated on April 11, 2024
