Noon Report

Friday, July 4, 2025

Prices are reported on a "per one hundred pound" basis, unless otherwise stated.

Ontario Live Cattle Trade

Updated daily as the information is submitted, completed by 12:00 noon.

Ontario Auction Sales Weighted Average Prices

Ontario auction sales on Thursday saw weighted average prices for:

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Livestock Range Avg Top Price
Large & medium frame fed steers 302.00-327.00 314.60 330.00
Large & medium frame fed heifers 296.00-320.50 315.24 328.00
Cows 160.41-216.51 184.99 250.00
Bulls under 1600 lbs 224.29-251.29 239.04 277.00
Bulls over 1600 lbs 242.57-264.29 252.71 288.00
Veal 600 lbs and over 265.00-324.00 295.28 385.00
Replacement steers 700-799 443.83-518.59 480.16 545.00
Replacement steers 600-699 377.98-570.38 486.38 622.50
Replacement steers 500-599 463.49-647.44 566.40 660.00
Replacement heifers 700-799 371.88-429.69 417.28 432.50
Replacement heifers 600-699 407.14-453.13 435.44 500.00
Replacement heifers 500-599 438.02-560.70 505.50 590.00

View Individual Auction Market Reports

The Quebec Electronic Market

The Quebec Electronic Market

The Quebec Electronic Market reported for this week ranged from $520.75/cwt dressed, down $0.25/cwt from last week on average.

Alberta Direct Trade

Alberta Direct Trade

The Alberta direct trade so far this week have seen light trade develop with dressed sales ranging from $496.00-$500.00/cwt delivered, $2.00/cwt lower than last week. Cattle that traded were being scheduled anywhere from late July to mid August delivery. US packer interest on the Western Canadian fed market was quiet this week. For the most part all June contract cattle have been cleaned up and packers are pulling very hard on July contracts. At least one western Canadian packer will work this Saturday to make up for the Tuesday holiday.

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Steers Live N/T Flat Rail 496.00-500.00
Heifers Live N/T Flat Rail 496.00-500.00

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U.S. Trade (U.S. funds)

U.S. cash cattle trade

The U.S. cash cattle trade saw live sales in Texas and Kansas yesterday from $224.00-$225.00/cwt, stronger than prices seen earlier in the week and mostly steady with last week. Dressed sales in Iowa and Nebraska were from $368.00-$370.00/cwt, steady with last week. From their recent highs in late June Choice beef cutout values have dropped $5.00/cwt. Pork cutout values have also come under pressure dropping $12.00/cwt over the past week or so. US steer carcass weights rebounded 6lbs to average 937lbs. Carcass weights have likely bottomed and should trend higher from now right until the fall.  

     
Choice and select steers and heifers (2/3 choice): live 224.00-225.00
  rail 368.00-370.00

Chicago Mercantile Exchange

*The Chicago Mercantile Exchange midsession trade on Friday is closed in observance of July 4th Independence Day*

Live Cattle futures for:

Date $/cwt US  
Aug    
Oct    
Dec    
Feb    
Apr    
Jun    

Feeder Cattle futures for:

Date $/cwt US  
Aug    
Sep    

Corn futures for:

Date $/bu US cents
Jul    
Sep    

Soybean futures for:

Date $/bu US cents
Jul    
Aug    

Soft Red Winter Wheat for:

Date $/bu US cents
Jul    
Sep    

Canadian Dollar futures for:

Date    
Sep    
Dec    

This concludes the Friday mid-day Cattle Market report.

View Individual Auction Market Reports View Northern Reports