Daily Cattle Report

February 20, 2017

Slaughter Report Last updated February 20, 2017

Feeder Report Last updated February 20, 2017

Alberta Cattle Industry Market Report

Alberta direct cattle sales last week saw light trade develop with weighted average steer and heifer prices closing the week at 158.25 and 156.50 respectively. Prices are steady to 1.50 higher than the previous week. All reported cash sales traded locally. Given how strong basis levels have been it is not surprising US packer interest in the cash market has been non-existent.

Last week Live Rail
Steers No trade 260.50-265.50
Heifers No trade 260.50-265.50

In the cow and bull trade in Northern Alberta Friday:

D1, D2 Cows D3 Cows Bulls
88.00-103.00 80.00-85.00 90.00-110.00

US Trade

In the US, trade was delayed until the later stages of the week as the bulk of trade took place on Friday. Dressed sales in the North were fully steady with the previous week while southern regions also traded steady on a live basis.

Last week Live Rail
Choice Steers 119.00-120.00 (South) 190.00 (North)
Choice Heifers 119.00-120.00 (South) 190.00 (North)

National slaughter cows traded:

Boner Cows Rail Avg
Over 500 lbs 122.09

Canadian Dollar

The nearby Canadian dollar at 8:30 this morning was trading at 76.43, up 0.01

Chicago Mercantile Exchange

On the Chicago Mercantile Exchange, in midsession trade, live cattle futures are as follows: US markets are closed today for the Presidents Day holiday. *Friday close

February April June
117.92*, +1.40 114.92*, +1.67 105.37*, +1.22

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 Northern Alberta on Friday 

  Steers Heifers
900+ 155.00-160.00 143.00-148.00
800-900 157.00-164.00 146.00-150.00
700-800 163.00-176.00 151.00-160.00
600-700 179.00-198.00 156.00-166.00
500-600 200.00-216.00 164.00-180.00
400-500 214.00-228.00 175.00-192.00
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 February 13, 2017

Weighted average fed steer and heifer prices closed the week at $156.75/cwt and $156.25/cwt respectively. Prices were $0.50 higher than the previous week.  Steer and heifer dressed sales were reported from $259.75-261.50/cwt FOB lot. Alberta fed steer prices remain at a $12.00 premium to the Ontario market.  Locally, packers seem a little bit better positioned with cattle as there did not seem to be the urgency to buy cattle compared to a couple weeks ago. Alberta fed cash to futures basis levels weakened, closing the week at a +2.86. Canadian fed cattle export volumes to the US for the week ending January 28th totaled 4,834 head.

Canfax average feeder steer prices closed the week fully steady while heifer prices strengthened $0.50. Heifer calves and light weight stockers traded $1.50-4.50 higher while heifers weighing over 700 lbs traded steady to $1.00 weaker. Looking at the steers, the largest week to week price decline was seen on the 8-900 lb weight class as prices were reported $2.00 lower.  The western Canadian calf and feeder index closed the week at $190.65/cwt and $169.10/cwt respectively. Alberta auction volumes totaled 22,700 head. Canadian feeder cattle export volumes to the US for the week ending January 28th totaled 2,028 head.

D1, D2 cow prices traded fully steady and live trade was reported from $87.00-100.00/cwt. Last week D3 cows averaged $82.50/cwt. Butcher bulls traded $2.00 lower to average $102.50/cwt and live trade was reported from $90.00-114.00/cwt. Canadian non-fed cattle export volumes to the US for the week ending January 28th totaled 4,656 head. 


  • February lean hog futures established new contract highs last week
  • US steer carcass weights are the lightest since the beginning of August
  • Western Canadian fed production was down 10% compared to the same week last year 


  • From Friday to Friday US choice and Select cutout values were down $3.75-4.25
  • US packers are slowing chain speeds as processing margins are in the red
  • From the highs posted on January 19th the nearby live cattle contract has declined 4%

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

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