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AB Direct - Steers

Live: 236.00-240.00 FOB lot (last week)
Rail: 378.50-388.50 FOB lot (last week)

AB Direct - Heifers

Live: 236.00-240.00 FOB feedlot (last week)
Rail: 378.50-388.50 FOB feedlot (last week)

US Trade- Steers

Live: 186.00 (KN), 187.00-188.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week

US Trade - Heifers

Live: 186.00 (KN), 187.00-188.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week

Canadian Dollar

$73.81
0.04

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March 18, 2024 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 18, 2024

In Alberta last week, weighted average fed steer and heifer price closed the week on either side of $230/cwt live, steer prices were stronger than the previous week, while heifer prices were lower. Last week, dressed sales were reported from $378.50-388.50/cwt FOD the feedlot. Lift times were all over the map, depending on which packer…

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March 18, 2024 News

Canada’s farmland values increased 11.5 per cent in 2023

The average value of Canadian farmland continued its steady climb in 2023, increasing by 11.5 per cent, slightly less than the 12.8 per cent increase reported in 2022, according to the latest FCC Farmland Values Report. The highest average provincial increases in farmland values were observed in Saskatchewan, Quebec, Manitoba, and Ontario, with double-digit average increases…

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March 16, 2024 Checking in with ABP

Introducing our new photography influencers for 2024

HOLLY NICHOLL @holly.nicoll I was called a ‘tom boy’ growing up on a cattle ranch west of Calgary. Mom couldn’t get me in a dress, but she knew how much I loved my cowboy boots and baseball caps. Not much has changed. Horses, branding pens, wheat fields, beautiful skies and dusty backroads make me happy….

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March 13, 2024 Business Tools

Beefing Up Biosecurity: A must for bull sale events

Sellers and buyers alike look forward to bull sale season as it’s the culmination of years of hard work meeting the excitement of anticipating the next generation of calves. Picture it: multiple beef producers visiting different farms, auction markets and ag societies while looking for the next addition to their herd, all in the context…

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March 12, 2024 Checking in with ABP

Be unapologetically direct when standing up for our industry

The Environmental Stewardship Award (ESA) is an annual award presented by Alberta Beef Producers to recognize farms and ranchland managers across the province whose natural resource stewardship practices contribute to the environment and enhance productivity and profitability. The award has been presented since 1992 and has since become one of the most prestigious in the…

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March 11, 2024 Issues & Insights

U.S. finalizes country-of-origin labelling rule

The United States Department of Agriculture (UDSA) has officially changed its voluntary “Product of the USA” labeling regulations, as of March 11, 2024. The rule states that to qualify for the label meat must be derived from animals born, raised, slaughtered and processed in the U.S. The Canadian Cattle Association (CCA) says they are disappointed…

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March 11, 2024 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of March 11, 2024

Alberta fed price last week had a strong performance, up $2-10/cwt on the rail. But the cash-to-futures basis remains $8/cwt weaker than the five-year average. Western Canadian steer carcass weight were 60 pounds heavier than the five-year average. Canadian fed cattle and cow exports to the U.S. have been running above year-ago level since the…

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March 9, 2024 News

New program launches to help B.C. livestock veterinarian clinics

Clinics that help B.C. farmers and ranchers care for their animals will have extra sets of skilled hands in their offices through a new program that covers summer placement costs for both veterinary and veterinary technologist students. The $300,000 pilot program offers up to $6,000 per placement to help with wages and travel costs, and…

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March 8, 2024 Health & Production

Animal Health Canada receives $1.7M for livestock disease prevention and preparedness

The Government of Canada has announced funding of up to $1,697,850 to Animal Health Canada to support their role in foreign animal disease prevention and preparedness efforts in Canada, including for African swine fever (ASF) and Food and Mouth Disease (FMD). Animal Health Canada brings together the agriculture industry, and federal, provincial, and territorial partners…

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March 8, 2024 Health & Production

Know your zoonoses

Worldwide, it is estimated that approximately 60 per cent of infectious diseases are zoonotic, meaning they can be transmitted between animals and people. There are a number of different ways zoonoses can be spread between humans and animals, including direct and indirect contact, foodborne, inhalation, and vector borne. You may be familiar with some of…

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March 8, 2024 Innovation & Technology

When the heat is on: pasture recovery after fire or drought

Following years of drought and a record-breaking wildfire season, pastures across Alberta are in poor condition. We asked rangeland ecologist Cameron Carlyle to bring us up to speed on the situation and provide some recommendations on how to help pastures recover. Across Alberta, wildfires and drought reduced available grazing acres in 2023, resulting in heavy…

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March 7, 2024 News

Wheat research cluster announces $20 million over five years

Valuable wheat research across the country will receive crucial funding through the newly announced Canadian National Wheat Cluster, worth more than $20 million over five years. Administered by the Canadian Wheat Research Coalition (CWRC), the Wheat Cluster will fund research projects that advance wheat genetics, agronomy and sustainability for the benefit of Canadian farmers. Jake…

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Cattle Report

Updated: 18/03/2024

Steers

Live: 236.00-240.00 FOB lot (last week)
Rail: 378.50-388.50 FOB lot (last week)

Heifers

Live: 236.00-240.00 FOB feedlot (last week)
Rail: 378.50-388.50 FOB feedlot (last week)

Choice Steers

Live: 186.00 (KN), 187.00-188.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week

Choice Heifers

Live: 186.00 (KN), 187.00-188.00 (NE, IA) last week
Rail: 294.00-301.00 (NE, IA) last week

Boner Cows

Over 500 lbs: 235.97

Canadian Dollar

$73.81   0.04

Livestock Price Insurance Index

Expiry Fed Feeder Calf
3-June-2024 236 336 --
1-July-2024 236 340 --
29-July-2024 232 -- --
26-August-2024 230 342 --
23-September-2024 230 344 382
21-October-2024 228 344 384
18-November-2024 226 340 380
Last Updated on March 7, 2024

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