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AB Direct - Steers

Live: ---
Rail: 513.50-515.25 FOB feedlot (last week)

AB Direct - Heifers

Live: ---
Rail: 513.50-515.25 FOB feedlot (last week)

US Trade- Steers

Live: 225.00-226.00 (IA, NE) last week
Rail: 355.00-356.00 (NE, IA) last week

US Trade - Heifers

Live: 225.00-226.00 (IA, NE) last week
Rail: 355.00-356.00 (NE, IA) last week

Canadian Dollar

$72.34
0.39

market reports

Bull Head

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March 12, 2026 Current Markets & Forecasts

Bullish fundamentals within a roiling market

Western Canadian auction volumes (live and electronic/forward delivery) at 2.5 million head in 2025, were down seven per cent from the prior year and down 14 per cent from the 2023 high. Of note, this is also the smallest annual volume on record going back to 2005. Total volumes were below a year ago every…

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March 9, 2026 Checking in with ABP

Canfax Weekly Article | Report for the week of March 9, 2026

Alberta weighted fed steers and heifers closed the week at $321.00 and $319.00/cwt respectively, $1.00/cwt stronger than the previous week. This is the smallest week-over-week rally since January. Dressed sales were reported from $535.00–539.00/cwt delivered, $4.00–5.00/cwt stronger. Cattle that traded were scheduled from immediate to early April delivery. This is the second consecutive week that…

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February 2, 2026 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of February 2, 2026

Last week, the Canfax average fed steer and heifer price closed around $304/cwt live, $2/cwt higher than the previous week. Over the past two months, fed prices have rallied $20/cwt. Light trade was reported with dressed sales ranging from $505.25–506.50/cwt FOB the feedlot. Cattle that traded were being scheduled anywhere from immediate to late February…

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December 22, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of December 22, 2025

The Western Canadian fed market was a little disappointing given dressed sales in Eastern Canada were $10–20/cwt stronger last week. Last week, the Canfax average fed steer and heifer price closed around $294/cwt live, fully steady with the previous week. Light trade was reported with dressed sales ranging from $492.00–493.50/cwt FOB the feedlot. Competition on…

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October 27, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of October 27, 2025

Western Canadian and U.S. prices have been moving in opposite directions as of late. Weighted average fed prices closed $1.00–$2.00/cwt lower in Western Canada last week. Very light dressed sales were reported from $505.00–$508.00/cwt delivered. Competition on the cash market was limited, with one major packer not bidding. Cattle that traded were scheduled for delivery…

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September 22, 2025 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of Sept. 22, 2025

Alberta fed prices are holding near record highs. Traditionally, this time of the year fed prices are putting in annual lows. Since the beginning of July, fed prices have rallied 7 per cent. Looking at the past fifteen years, this puts it as the second-largest third-quarter price rally, with only 2011 being larger when prices…

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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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Featured

  • Delegate Nominations

    Becoming a delegate is a great way for beef producers to expand personal and professional networks, provide leadership to the industry, and stay informed on the issues and opportunities facing the industry.

    Learn More
  • Producer Meetings

    Who could say no to a $10 supper with friends and colleagues? Join fellow cattle producers for a meal and conversations at upcoming Producer Meetings.

    Register Today

Cattle Report

Updated: August 24, 2026

Steers

Live: ---
Rail: 513.50-515.25 FOB feedlot (last week)

Heifers

Live: ---
Rail: 513.50-515.25 FOB feedlot (last week)

Choice Steers

Live: 225.00-226.00 (IA, NE) last week
Rail: 355.00-356.00 (NE, IA) last week

Choice Heifers

Live: 225.00-226.00 (IA, NE) last week
Rail: 355.00-356.00 (NE, IA) last week

Boner Cows

Over 500 lbs: 327.05

Canadian Dollar

$72.34   0.39

Livestock Price Insurance Index

Expiry Fed Feeder Calf
16-Nov-26 274 430 --
14-Dec-26 276 414 --
8-Feb-27 272 408 --
8-Mar-27 270 406 --
5-Apr-27 276 404 -
3-May-27 282 404 --
Last Updated on August 20, 2026

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