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AB Direct - Steers

Live: ---
Rail: 400.00 del

AB Direct - Heifers

Live: ---
Rail: 400.00 del

US Trade- Steers

Live: 185.00 (TX, KN)
Rail: 298.00 (NE)

US Trade - Heifers

Live: 185.00 (TX, KN)
Rail: 298.00 (NE)

Canadian Dollar

$73.83
0.09

market reports

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March 25, 2024 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 26, 2024

Alberta fed price last week had light trade; steers were down $1/cwt and heifers up $4.75/cwt. Cash sales to the U.S. were in the upper $230’s/cwt FOD the feedlot, steady with last week and premium over local deals. The cash basis at -$25/cwt is the weakest since last February, and continues to encourage exports south….

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March 18, 2024 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 18, 2024

In Alberta last week, weighted average fed steer and heifer price closed the week on either side of $230/cwt live, steer prices were stronger than the previous week, while heifer prices were lower. Last week, dressed sales were reported from $378.50-388.50/cwt FOD the feedlot. Lift times were all over the map, depending on which packer…

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March 4, 2024 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 4, 2024

In Alberta last week, the weighted average fed steer and heifer price was around $233.50/cwt live, over $10/cwt higher than the previous week. Alberta fed prices are at the highest point since October 2023. Last week, dressed sales were reported from $368.50-$376.50/cwt FOB the feedlot. Cattle that traded were being scheduled for early April delivery….

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February 26, 2024 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of February 27, 2024

There wasn’t enough trade for Alberta fed cattle last week to establish a price, but rail sales were stronger than previous week, and heifer prices softened. Canadian fed cattle and cow exports to the US for week ending February 10th were 21 per cent higher compared to last year and are up 2 per cent…

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February 19, 2024 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of February 19, 2024

In Alberta last week, the weighted average fed steer and heifer price was around $219/cwt live, $0.50/cwt higher than the previous week. Dressed sales were reported from $360.50-368.50/cwt FOB the feedlot. Cattle that traded were being scheduled anywhere from mid-March to mid-April delivery. U.S. packer interest was noted from two U.S. Pacific Northwest slaughter plants….

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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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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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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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Cattle Report

Updated: 28/03/2024

Steers

Live: ---
Rail: 400.00 del

Heifers

Live: ---
Rail: 400.00 del

Choice Steers

Live: 185.00 (TX, KN)
Rail: 298.00 (NE)

Choice Heifers

Live: 185.00 (TX, KN)
Rail: 298.00 (NE)

Boner Cows

Over 500 lbs: 246.33

Canadian Dollar

$73.83   0.09

Livestock Price Insurance Index

Expiry Fed Feeder Calf
24-Jun-24 232 326 --
22-Jul-24 228 -- --
19-Aug-24 226 326 --
16-Sept-24 224 330 372
14-Oct-24 224 332 378
11-Nov-24 222 330 376
9-Dec-24 222 320 370
Last Updated on March 28, 2024

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