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AB Direct - Steers
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US Trade- Steers
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Canadian Dollar
$73.01
0.25
0.25
Cattle Report
Last Updated: 24/04/2024
Audio Updates
Feeder Report
Slaughter Report
Direct Sales
Alberta direct cattle sales Tuesday saw no new trade to report but there is a good chance scattered trade will develop by this afternoon. This week we are dealing with a larger cash offering. Many of these are green, speculative calves that could easily stay on feed for another month or longer. With record high prices many producers have indicated they are pulling cattle forward and selling them ahead of schedule. This will have an impact on carcass weights and quality grade percent. Looking at the feed grain market after strengthening in March and early April barley prices have stabilized. Barley sales for May/June delivery have been reported around $290.00/tonne, delivered into Southern AB.
Canadian Dollar
$73.01 0.25
Steer & Heifer Trade
| Live | Rail | |
|---|---|---|
| Steers | --- | --- |
| Heifers | --- | --- |
AB Cow & Bull Trade
| D1, D2 Cows | D3 Cows | Bulls |
|---|---|---|
| 165.00-185.00 | 150.00-164.00 | 175.00-206.00 |
US Trade
In the US, very light trade was reported in Iowa yesterday with live sales marked at 184.00, fully steady with last week. This light test of the market does not set a price trend. Business remains quiet in other feeding states. Looking at last weeks cattle on feed report again, Total heifers and heifer calves on feed on April 1st were 1% larger than last year and accounted for 39% of total inventories. There are only two states that have fewer cattle on feed compared to last year, Washington and Kansas.
US Trade
| Live | Rail | |
|---|---|---|
| Choice Steers | --- | --- |
| Choice Heifers | --- | --- |
Chicago Mercantile Exchange
| April | June | August |
|---|---|---|
| 182.95, -0.40 | 177.10, -0.05 | 175.30, -0.20 |
National slaughter cows
| Boner Cows | Rail Average |
|---|---|
| Over 500 lbs. | 253.12 |
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+ | 309.00-315.00 | 276.00-295.00 |
| 800-900 | 316.00-337.00 | 284.00-307.00 |
| 700-800 | 341.00-382.00 | 309.00-334.00 |
| 600-700 | 399.00-420.00 | 331.00-370.00 |
| 500-600 | 435.00-465.00 | 362.00-392.00 |
| 400-500 | 361.00-480.00 | 394.00-405.00 |
| 300-400 | --- | --- |
| 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 |
|---|---|---|---|---|---|
| 8-Jul-24 | 226 | -- | -- | -- | -- |
| 5-Aug-24 | 222 | 318 | -- | -- | -- |
| 2-Sep-24 | 220 | 324 | -- | 320 | -- |
| 30-Sep-24 | 220 | 324 | 366 | 322 | 368 |
| 28-Oct-24 | 218 | 324 | 366 | 324 | 366 |
| 25-Nov-24 | 216 | 320 | 364 | 318 | 364 |
| 23-Dec-24 | 222 | 312 | 360 | 312 | 362 |
Last Updated on April 11, 2024. For more information visit lpi.ca
