Live: ---
Rail: 428.50-430.50 FOB feedlot (last week)
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AB Direct - Steers
AB Direct - Heifers
Live: ---
Rail: 428.50-430.50 FOB feedlot (last week)
Rail: 428.50-430.50 FOB feedlot (last week)
US Trade- Steers
Live: 184.00 (TX, KN), 186.00 (NE) last week
Rail: 295.00-296.00 (IA, NE) last week
Rail: 295.00-296.00 (IA, NE) last week
US Trade - Heifers
Live: 184.00 (TX, KN), 186.00 (NE) last week
Rail: 295.00-296.00 (IA, NE) last week
Rail: 295.00-296.00 (IA, NE) last week
Canadian Dollar
$73.29
0.15
0.15
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May 6, 2024
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of May 6, 2024
In Alberta last week, fed steers and heifers both traded steady at the mid to high $250s/cwt. There was good competition among packers throughout the week. Dressed sales remain steady at $430-432/cwt delivered; with cattle traded being scheduled for pick up in one to two weeks. Alberta cash-to-futures basis is $9/cwt stronger than last week…
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May 6, 2024
News
Save the date for local 4-H Achievement Days
Alberta 4-H participants are getting set for another round of Achievement Days. Achievement Days mark the culmination of a year’s worth of hard work, dedication, and growth within 4-H clubs. These vibrant gatherings serve multiple purposes: There are a number of Achievement Days across the province. Below you’ll find a list of Achievement Days for…
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May 6, 2024
Checking in with ABP
Alberta Ag Plastic. Recycle It! program extended until December 2025
Alberta farmers can continue to recycle their grain bags and twine thanks to a recent extension of the successful Alberta Ag Plastic. Recycle It! pilot program. Cleanfarms, the non-profit organization operating the program, is excited to announce that it will continue until the end of 2025. This marks the second extension of the program, which launched in October…
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May 3, 2024
News
Alberta invests in irrigation infrastructure improvement
Alberta’s government has announced an investment of $19 million to revitalize the province’s irrigation infrastructure. The $19-million boost is a part of Budget 2024 and represents an increase of $5.5 million from the previous year. Producers and irrigation leaders have already identified priority areas for utilizing these funds effectively. Minister of Alberta Agriculture and Irrigation,…
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May 2, 2024
Health & Production
Forage Rejuvenation: Fertilization and the influence of soil pH
This article was originally posted on the Beef Cattle Research Council’s website on May 9, 2023. Rejuvenation of a forage stand, whether hay or pasture, involves using one or a combination of methods to increase productivity with a shift towards higher yielding forage species that provide improved nutritional value for livestock. If an assessment of…
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May 1, 2024
Inspiration
Register to be a part of Alberta Open Farm Days
Alberta Open Farm Days registration is now open. The annual event, which celebrates Alberta’s vibrant agricultural industry, invites producers to open their gates to the public. It’s a unique opportunity for agricultural enthusiasts to connect with local producers, learn about sustainable farming practices, and experience the rural way of life. The event fosters a deeper…
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April 30, 2024
News
Dairy Farmers of Canada and Starbucks Canada brew a sustainable future together
Dairy Farmers of Canada (DFC) and Starbucks Canada (Starbucks) have launched a new collaborative effort to help advance sustainability in the dairy sector. Starbucks has committed $500,000 to support sustainability-focused projects in dairy over the course of this year, rewarding the continued efforts to Canadian dairy farmers on their path to net zero. The partnership…
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April 29, 2024
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of April 29, 2024
In Alberta last week, weighted average fed steer and heifer prices closed the week around $257/cwt live, $1.50/cwt higher than the previous week. Since the beginning of the year, fed cattle prices have rallied 15 per cent. Competition on the Western Canadian market was good with all three Western Canadian packers procuring cattle. Cattle that…
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April 29, 2024
Business Tools
Alberta invests in enhanced wildfire defense measures
In the wake of 2023’s unprecedented wildfires, Alberta’s government is investing in improved wildfire preparedness. Central to this investment is the allocation of funds for two additional airtanker groups and two new helicopters equipped with night-vision technology. “I am encouraged by the increased interest in both the FireSmart and Fireguard Programs this year,” says Todd…
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April 28, 2024
Business Tools
Farmland rental rates keeping pace with farmland value appreciation
There is alignment between farmland rental rates and the appreciating value of farmland across Canada according to a new analysis from Farm Credit Canada (FCC). The farmland rental rate analysis presents the rent-to-price ratio for cultivated farmland in Canada. The ratio uses insights from data sets on cash rental rates and the Farmland Values Report. A…
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April 27, 2024
Issues & Insights
Research alliance results point to environmental benefits of grazing ruminants
Over the past five years, the Archbold-Alltech Alliance has created a model for estimating the carbon footprint of Archbold’s Buck Island Ranch in Florida. The results show that on average, Buck Island Ranch sequesters more carbon each year than it emits, making it a net-carbon sink. This research shows that grazing ruminant animals on land…
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April 26, 2024
News
Alberta government commits funding to the Water Management Program
The Alberta government has announced an investment of $50 million over the next three years to the province’s Water Management Program. The move aims to enhance Alberta’s water management infrastructure, which is vital for irrigation, municipal, industrial, agricultural, and recreational use, as well as for fish and wildlife habitat, flood mitigation, and erosion protection. A…
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Need someone to talk to, but not sure where to go? Here are some resources from across Canada.
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Cattle Report
Updated: 06/05/2024
Steers
Live: ---
Rail: 428.50-430.50 FOB feedlot (last week)
Heifers
Live: ---
Rail: 428.50-430.50 FOB feedlot (last week)
Choice Steers
Live: 184.00 (TX, KN), 186.00 (NE) last week
Rail: 295.00-296.00 (IA, NE) last week
Choice Heifers
Live: 184.00 (TX, KN), 186.00 (NE) last week
Rail: 295.00-296.00 (IA, NE) last week
Boner Cows
Over 500 lbs: 251.07
Canadian Dollar
$73.29 0.15
Livestock Price Insurance Index
| Expiry | Fed | Feeder | Calf |
|---|---|---|---|
| 22-Jul-24 | 234 | -- | -- |
| 19-Aug-24 | 230 | 332 | -- |
| 16-Sep-24 | 228 | 334 | 374 |
| 14-Oct-24 | 228 | 334 | 378 |
| 11-Nov-24 | 224 | 332 | 376 |
| 9-Dec-24 | 226 | 322 | 370 |
| - | - | - | - |
Last Updated on April 25, 2024
