Daily Cattle Report

August 25, 2016

Slaughter Report Last updated August 25, 2016

Feeder Report Last updated August 25, 2016

Alberta Cattle Industry Market Report

Alberta direct cattle sales Wednesday saw no new trade to report but dressed bids are sounding anywhere from 5.00-9.00 lower than the previous week. Dressed bids have been reported from 230.00-233.00 delivered. No live bids have been reported however using a 60% dressing percentage dressed bids are working back to the upper 130's on a live basis. The last time weighted average prices closed below 140.00 was in March of 2014.

Yesterday Live Rail
Steers No trade No trade
Heifers No trade No trade

In the cow and bull trade in Southern Alberta Wednesday:

D1, D2 Cows D3 Cows Bulls
97.00-105.00 90.00-96.00 117.00-132.00

US Trade

In the US, light trade was reported in all major feeding states yesterday. Dressed sales in the North were 3.00-5.00 lower than the previous week while southern traded 3.00 lower on a live basis.

Yesterday Live Rail
Choice Steers 115.00 (South) 181.00-184.00 (North)
Choice Heifers 115.00 (South) 181.00-184.00 (North)

National slaughter cows traded:

Boner Cows Rail Avg
Over 500 lbs 146.79

Canadian Dollar

The nearby Canadian dollar at 8:30 this morning was trading at 77.37, up 0.05.

Chicago Mercantile Exchange

On the Chicago Mercantile Exchange, in midsession trade, live cattle futures are as follows:

August October December
112.70, -0.02 109.20, +0.30 110.42, +0.27

Replacement Trade

Information provided on this report is supplied by various auction markets throughout Alberta. In reference to the following prices, producers are reminded to check with individual markets on current prices and trends. Prices quoted include top quality cattle only.

Feeder and stocker prices in Southern Alberta on Wednesday

  Steers Heifers
900+ 164.00-183.00 160.00-172.00
800-900 168.00-186.00 162.00-176.00
700-800 180.00-195.00 164.00-178.00
600-700 183.00-199.00 n/a
500-600 n/a n/a
400-500 n/a n/a
300-400 n/a n/a
Bred Cows Bred Heifers Cow/Calf Pairs
n/a n/a n/a

All information sourced from Statistics Canada, Alberta Agriculture and Canfax.

Canfax Weekly Article

ABP Weekly

Report for the week of August 22, 2016

The Canfax average fed steer and heifer price closed the week at $142.25/cwt and $143.00/cwt respectively. Weighted average prices are $39.00-41.00 below last year. Closing the week just over $4.50 lower weighted average steer prices established new lows last week. Steer and heifer dressed sales were reported from $232.00-240.50 FOB lot. Delivery dates between the two major plants varied from two to five weeks out. Canadian fed cattle export volumes to the US for the week ending August 6th totaled 3,911 head.

The Canfax average feeder steer price was $1.00 higher while heifers traded fully steady. Steers weighing over 700 lbs saw prices steady to $2.00 higher than the previous week. Heifer calves and light weight stocker traded mixed with prices reported from $3.00 higher to $3.50 lower. The western Canadian feeder index closed the week at $185.51/cwt. Alberta auction volumes totaled 13,400 head. Canadian feeder cattle export volumes to the US for the week ending August 6th totaled 598 head.

D1, D2 cow prices traded $1.00/cwt lower and live trade was reported from $90.00-113.00/cwt. Last week D3 cows averaged $88.75/cwt. Butcher bulls traded $2.25/cwt lower to average $125.00/cwt and live trade was reported from $110.00-140.00/cwt. Canadian non-fed cattle export volumes to the US for the week ending August 6th totaled 4,151 head. 


  • Packer margins remain healthy 
  • Cash to cash and cash to futures basis levels remain stronger than the five year monthly average
  • Western Canadian fed slaughter for the week ending August 13th was 18% larger compared to the same time last year


  • USDA’s cattle on feed report should be viewed a neutral to slightly bearish as placement volumes and on feed numbers came in above pre report estimates
  • With seasonally larger fed cattle supplies packers have gained leverage over the cattle feeder
  • Marketing pressure has been evident over the past couple of weeks as producers try and manage weight

For more detailed information on markets this week please visit the Canfax website www.canfax.ca.

  • © 2005 CANFAX a Division of the Canadian Cattlemen’s Association. All rights reserved. No part of this publication may be reproduced in any form, or by any means whatsoever, without acknowledging that CANFAX was the author of the publication and is the owner of the copyright. For further information contact CANFAX at (403) 275-5110.
  • For over 40 years, Canfax has provided expert analysis of markets and trends in the ever changing North American beef industry. In this new millennium, cattlemen, feedlot managers, and agri-business professionals will continue to rely on up-to-the-minute information as an essential tool for maximizing profit in today’s beef sector. Whether your operation needs to plan for three hours or three years into the future, Canfax delivers timely, accurate information for 21st Century cattle industry professionals.
  • Those interested in becoming Canfax members can sign up on the website at www.canfax.ca