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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

Cattle Report

Last Updated: 28/03/2024

Audio Updates

Feeder Report

Slaughter Report

Direct Sales

Alberta direct cattle sales Wednesday saw light trade develop with dressed sales reported at 400.00 delivered, 10.00 higher than the previous week. Cattle that traded this week would be picked up in 1-2 weeks. So far this week one packer has bought the majority of the cattle. With basis levels strengthening US packer interest on the Western Canadian cash market has been quiet. Tentatively Alberta fed prices are at the highest point since July 2023. The price spread between Alberta and Ontario has narrowed in recent weeks. Alberta fed prices are now par with the Ontario market.

 

 

 

Canadian Dollar

$73.83   0.09

Steer & Heifer Trade

Live Rail
Steers --- 400.00 del
Heifers --- 400.00 del

AB Cow & Bull Trade

D1, D2 Cows D3 Cows Bulls
161.00-182.00 138.00-157.00 170.00-191.00

US Trade

In the US, around 2,000 head of cattle traded between Texas and Kansas yesterday with live sales marked at 185.00, 3.00 lower than the previous week. Dressed sales in Nebraska were at 298.00, 4.00 weaker. In general sale volume have been very light and buying interest will improve over the next several hours. For the week ending March 9th US beef cow slaughter totaled just over 54,000 head, 13% lower than the same week last year. For the beginning of March this is the smallest slaughter since 2019.

US Trade

Live Rail
Choice Steers 185.00 (TX, KN) 298.00 (NE)
Choice Heifers 185.00 (TX, KN) 298.00 (NE)

Chicago Mercantile Exchange

April June August
183.60, n/c 178.67, n/c 176.42, -0.25

National slaughter cows

Boner Cows Rail Average
Over 500 lbs. 246.33

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.

Steer Heifer
900+ 306.00-316.00 288.00-293.00
800-900 318.00-344.00 296.00-310.00
700-800 346.00-382.00 314.00-335.00
600-700 391.00-417.00 334.00-371.00
500-600 426.00-448.00 370.00-406.00
400-500 473.00-515.00 404.00-427.00
300-400 465.00-519.00 ---
Bred Cows Bred Heifers Cow/Calf Pairs
--- --- ---

Disclaimer: Information on this page is not for further distribution without permission from Canfax

Livestock Price Insurance Index

The Cattle Price Insurance Program offers producers the ability to manage their bottom line by purchasing price insurance to provide a floor price on future cattle sales. This is a snapshot of top coverage offered this past week. LPI-Calf is available to purchase from February to June.

Expiry Date LPI-Fed
Price
LPI-Feeder
Alberta
LPI-Calf
Alberta
LPI-Feeder
SaskMan
LPI-Calf
SaskMan
24-Jun-24 232 326 -- -- --
22-Jul-24 228 -- -- -- --
19-Aug-24 226 326 -- 326 --
16-Sept-24 224 330 372 330 378
14-Oct-24 224 332 378 334 382
11-Nov-24 222 330 376 330 380
9-Dec-24 222 320 370 322 376
Last Updated on March 28, 2024. For more information visit lpi.​ca

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