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AB Direct - Steers

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Rail: ---

AB Direct - Heifers

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US Trade- Steers

Live: 182.00 (TX, KN)
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US Trade - Heifers

Live: 182.00 (TX, KN)
Rail: ---

Canadian Dollar

$73.01
0.02

market reports

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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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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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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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November 14, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of November 14, 2023

Following 12 weeks of static pricing, average Alberta fed steer prices slipped to a 28-week low. A combination of negative packer margins, increased formula price commitments, and concerns of recessionary reduced demand, all contributed to softer North American fed cattle prices. Scattered light dressed trade was $3-5/cwt lower than the previous week from $385-387/cwt delivered,…

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November 6, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of November 6, 2023

Sale volumes were too light to establish a weighted average fed price, but the market tone was steady. Dressed sales and bids were marked at $390/cwt delivered. Light volumes of Western Canadian fed cattle were marketed into the U.S. These cattle were committed to the U.S. packer on a formula price. Last week the Alberta…

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October 30, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of October 30, 2023

The Alberta fed market has now been range bound for 10 straight weeks and prices once again trended sideways. Dressed sales were marked at $390/cwt delivered and thin reported live trade was generally comparable. The weighted average steer price closed the week at $232.53/cwt. Heifer trade was limited and a weekly price trend was not…

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October 10, 2023 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of October 9, 2023

The Canfax fed steer and heifer price closed the week around $232.75/cwt, $0.50/cwt higher than the previous week. Fed cattle prices are $52/cwt higher than last year. Competition on the cash market was decent, with all three Western Canadian packers buying cattle. Last week, dressed sales were reported from $387.75‑389.50/cwt FOB the lot. Cattle that…

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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
22-Jul-24 234 -- --
19-Aug-24 230 332 --
16-Sep-24 228 334 374
14-Oct-24 228 334 378
11-Nov-24 224 332 376
9-Dec-24 226 322 370
- - - -
Last Updated on April 25, 2024

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