Cattle Market Summary

Break-evens, cow and calf prices, plus market summaries, courtesy of Canfax and Beef Farmers of Ontario

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Published: June 25, 2025

Yearling cattle in an auction ring at Lloydminster, Sask.

Break-evens, cow and calf prices, plus market summaries courtesy of Canfax and Beef Farmers of Ontario.

Cost of Production May 2025
Alberta
Yearling steers (850 lb)$397.94/cwt
Barley6.87/bu
Barley Silage85.88/ton
Cost of gain (feed)105.57/cwt
Cost of gain (all costs)159.52/cwt
Steers264.50/cwt
Break-even (Nov. 2025)$296.91/cwt
Ontario
Yearling steers (900 lb)$388.87/cwt
Grain corn6.20/bu
Corn silage51.60/tonne
Cost of gain (feed)96.59/cwt
Cost of gain (all costs)152.04/cwt
Fed steers284.99/cwt
Break-even (Nov. 2025)
$294.14/cwt
*Mid-month to mid-month prices. Break-evens: East end wt. 1,450 lb., 183 days. West end wt 1,325 lb., 125 days.
Market Prices(Cdn $/cwt) 
Source: CanfaxAlbertaOntario
May 2025
500-600 lb. steer calves542.20546.14
D1,2 cows225.59193.43
April 2025
500-600 lb. steer calves524.30473.00
D1,2 cows202.88176.26
March 2025
500-600 lb. steer calves520.16440.49
D1,2 cows196.64167.47
February 2025
500-600 lb. steer calves416.35460.50
D1,2 cows186.24167.86
January 2025
500-600 lb. steer calves472.61446.12
D1,2 cows174.51148.34
December 2024
500-600 lb. steer calves461.30446.06
D1,2 cows169.97147.11
November 2024
500-600 lb. steer calves427.06419.00
D1,2 cows172.12159.68
October 2004
500-600 lb. steer calves405.54414.11
D1,2 cows182.35164.39
September 2024
500-600 lb. steer calves426.12431.82
D1,2 cows190.84176.03
August 2024
500-600 lb. steer calves437.28434.48
D1,2 Cows190.64174.58
July 2024
500-600 lb. steer calves 435.94301.54
D1,2 Cows189.07163.36
June 2024
500-600 lb. steer calves427.32424.88
D1,2 Cows188.38155.75
May 2024
500-600 lb. steer calves423.93412.46
D1,2 Cows180.11154.90

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Canadian Slaughter to May 10, 202520252024
Total Canadian federally inspected slaughter1,033,7921,132,744
Average steer carcass weight941 lb962 lb
Total U.S. slaughter to May 9, 202510,681,00011,387,000
Trade Summary20252024
Exports
Fed cattle (includes cows) to U.S. to May 3, 2025220,895217,854
Feeder cattle and calves to U.S. to May 3, 202573,28256,091
20252024
Dressed beef to U.S. to March205.21 mil. lbs224.8 mil. lbs
Total dressed beef to March274.08 mil. lbs301.68 mil. lbs
Imports
Dressed beef from U.S. to March49.46 mil. lbs45.25 mil. lbs
Dressed beef from Australia to March17.42 mil. lbs11.47 mil. lbs
Dressed Beef from New Zealand to March16.9 mil. lbs9.22 mil.lbs
Dressed Beef from Uruguay to March6.12 mil. lbs15.63 mil. lbs

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