ALERT

Feeder settlement delayed

Feeder settlement indexes will be delayed for the week of August 8 due to to insufficient volume of reported cash market sales. For additional information, please contact your local LPI office or the LPI Client Service Centre at 1-877-899-2372.

Home / FAQs / How does the slide to calculate the LPI-Feeder settlement index work?

Frequently Asked Questions

How does the slide to calculate the LPI-Feeder settlement index work?

January 19, 2021

The slide used for the LPI-Feeder program changes with movement in the market. From the auction market data obtained each day, the slide for feeder steers (750 to 950 pound steers) is determined and applied to bring all prices to an 850 pound steer. These daily prices are aggregated to generate the weekly Feeder settlement index. The weekly slide can be found on the Market Information section.