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AB Direct - Steers

Live: ---
Rail: 525.00-527.00 del

AB Direct - Heifers

Live: ---
Rail: 525.00-527.00 del

US Trade- Steers

Live: 238.00-240.00 (NE, KN)
Rail: 375.00 (NE, IA)

US Trade - Heifers

Live: 238.00-240.00 (NE, KN)
Rail: 375.00 (NE, IA)

Canadian Dollar

$72.22
0.07

Canfax

Bull Head

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February 14, 2024 Checking in with ABP

Feedlots Lose Leverage to End 2023: Canfax cattle market update

Fed cattle were under pressure to end 2023 in both Alberta and Ontario. The nearby Live Cattle futures moved around USD $20/cwt lower over a period of five weeks in November and December, hitting a low near USD $163/cwt in the first week of December, and turned feedlot margins negative in the process. Feedlot managers…

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February 12, 2024 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of February 12, 2024

The western Canadian fed market had another disappointing week, and continues to underperform relative to the U.S. and Ontario markets. Dressed sales are reported slightly higher compared to last week. Small volumes of western Canadian fed cattle were marketed into the U.S. The Alberta fed cash-to-futures basis is the weakest for early February in over…

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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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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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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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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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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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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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Featured

  • Delegate nominations open for 2026

    If you are passionate about Alberta’s cattle industry, 18 years or older, and have paid check-off in the last two years, consider running as a delegate in your zone.

    Learn More

Cattle Report

Updated: 12/09/2025

Steers

Live: ---
Rail: 525.00-527.00 del

Heifers

Live: ---
Rail: 525.00-527.00 del

Choice Steers

Live: 238.00-240.00 (NE, KN)
Rail: 375.00 (NE, IA)

Choice Heifers

Live: 238.00-240.00 (NE, KN)
Rail: 375.00 (NE, IA)

Boner Cows

Over 500 lbs: 313.85

Canadian Dollar

$72.22   0.07

Livestock Price Insurance Index

Expiry Fed Feeder Calf
08-Dec-25 292 458 --
02-Feb-26 294 454 --
02-Mar-26 292 448 --
30-Mar-26 292 442 --
27-April-26 300 442 --
25-May-26 306 444 --
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Last Updated on September 11, 2025