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Cattle Market Summary

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

By

Canadian Cattlemen Staff

Reading Time: < 1 minute

Published: October 20, 2025

Yearling cattle in an auction ring at Lloydminster, Sask.

Yearlings in the ring during the Canadian Livestock Auctioneering Championship at Northern Livestock Sales, Lloydminster, Sask. Photo: Canadian Cattlemen file

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

Cost of Production September 2025
Alberta
Yearling steers (850 lb)	$475.40/cwt
Barley	6.06/bu
Barley Silage	75.75/ton
Cost of gain (feed)	93.52/cwt
Cost of gain (all costs)	152.93/cwt
Steers	315.08/cwt
Break-even (Mar. 2026)	$338.76/cwt

Ontario
Yearling steers (900 lb)	$459.44/cwt
Grain corn	5.78/bu
Corn silage	48.24/tonne
Cost of gain (feed)	90.48/cwt
Cost of gain (all costs)	149.96/cwt
Fed steers	325.34/cwt
Break-even (Mar. 2026)	$559/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: Canfax	Alberta	Ontario
September 2025
500-600 lb. steer calves	607.40	609.12
D1,2 cows	220.97	223.52
August 2025
500-600 lb. steer calves	553.58	584.62
D1,2 cows	218.60	217.51
July 2025
500-600 lb. steer calves	547.83	548.53
D1,2 cows	228.03	204.31
June 2025
500-600 lb. steer calves	542.67	566.95
D1,2 cows	229.32	200.60
May 2025
500-600 lb. steer calves	542.20	546.14
D1,2 cows	225.59	193.43
April 2025
500-600 lb. steer calves	524.30	473.00
D1,2 cows	202.88	176.26
March 2025
500-600 lb. steer calves	520.16	440.49
D1,2 cows	196.64	167.47
February 2025
500-600 lb. steer calves	416.35	460.50
D1,2 cows	186.24	167.86
January 2025
500-600 lb. steer calves	472.61	446.12
D1,2 cows	174.51	148.34
December 2024
500-600 lb. steer calves	461.30	446.06
D1,2 cows	169.97	147.11
November 2024
500-600 lb. steer calves	427.06	419.00
D1,2 cows	172.12	159.68
October 2004
500-600 lb. steer calves	405.54	414.11
D1,2 cows	182.35	164.39
September 2024
500-600 lb. steer calves	426.12	431.82
D1,2 cows	190.84	176.03
August 2024
500-600 lb. steer calves	437.28	434.48
D1,2 Cows	190.64	174.58
July 2024
500-600 lb. steer calves	435.94	301.54
D1,2 Cows	189.07	163.36
June 2024
500-600 lb. steer calves	427.32	424.88
D1,2 Cows	188.38	155.75

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Canadian Slaughter to August 30, 2025	2025	2024
Total Canadian federally inspected slaughter	1,898,726	1,994,877
Average steer carcass weight	923 lb	938 lb
Total U.S. slaughter to September 5, 2025	19,962,000	21,455,000

Trade Summary	2025	2024
Exports
Fed cattle (includes cows) to U.S. to August 23, 2025	343,955	359,170
Feeder cattle and calves to U.S. to August 23, 2025	102,934	100,551
	2025	2024
Dressed beef to U.S. to July	444.09 mil. lbs	466.45 mil. lbs
Total dressed beef to July	600.67 mil. lbs	630.27 mil. lbs
Imports
Dressed beef from U.S. to July	113.75 mil. lbs	124.44 mil. lbs
Dressed beef from Australia to July	53.71 mil. lbs	35.7 mil. lbs
Dressed Beef from New Zealand to July	50.68 mil. lbs	28.53 mil.lbs
Dressed Beef from Uruguay to July	13.31 mil. lbs	18.61 mil. lbs