Friday, Dec 20, 2024
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 | 240.00-267.25 | 255.33 | 268.00 |
Large & medium frame fed heifers | 230.00-260.00 | 249.32 | 262.00 |
Cows | 109.08-157.55 | 131.86 | 236.00 |
Bulls under 1600 lbs | 147.25-175.00 | 158.37 | 235.00 |
Bulls over 1600 lbs | 131.36-194.36 | 167.75 | 230.00 |
Veal 600 lbs and over | 258.84-329.36 | 295.67 | 348.00 |
Replacement steers 700-799 | 337.13-426.14 | 380.64 | 441.00 |
Replacement steers 600-699 | 372.64-472.62 | 431.62 | 484.50 |
Replacement steers 500-599 | 389.98-523.92 | 465.39 | 539.00 |
Replacement heifers 600-699 | 284.72-411.14 | 364.90 | 450.00 |
Replacement heifers 500-599 | 331.44-411.14 | 364.90 | 450.00 |
Replacement heifers 400-499 | 341.03-457.75 | 404.59 | 480.00 |
The Quebec Electronic Market
The Quebec Electronic Market
The Quebec Electronic Market reported for this week ranged from $425.00 dressed, up $8.00/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 $418.00-420.00/cwt delivered, $2.00 to $3.00/cwt higher than the previous week. Most of the cattle that traded this week would be picked up in a couple weeks. There have been a few reports packers are trying to pull January contract cattle forward. US packer interest was supportive and light volumes of Western Canadian fed cattle traded South, sales to the US were at a premium over local deals. On a dressed basis Eastern Canadian fed prices are at a $10.00/cwt premium over the Alberta market.
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Steers | Live | N/T | Flat Rail | 418.00-420.00 |
Heifers | Live | N/T | Flat Rail | 418.00-420.00 |
U.S. Trade (U.S. funds)
U.S. cash cattle trade
The U.S. cash cattle trade saw light trade reported in Iowa and Nebraska yesterday with dressed sales ranging from $302.00-305.00/cwt, steady with the previous week. Live sales in the Northern feeding states were reported at $195.00/cwt, full steady. While live sales in the Southern feeding states were reported at $191.00/cwt, steady with last week. More trades are expected as the day progresses. USDA is scheduled to release its December 1st cattle on feed report this afternoon. Pre-report estimates are indicating November placements to be down 4% compared to last year while fed cattle marketings are projected to be 2% lower. December 1st cattle on feed inventories are projected to be just over 12 million head, steady with a year ago.
Choice and select steers and heifers (2/3 choice): | live | 191.00-195.00 |
rail | 302.00-305.00 |
Chicago Mercantile Exchange
The Chicago Mercantile Exchange midsession trade on Friday, Dec 20 saw:
Live Cattle futures for:
Date | $/cwt US | |
---|---|---|
Dec | 191.70 | +1.35 |
Feb | 188.22 | +1.67 |
Apr | 189.95 | +1.35 |
Jun | 184.87 | +1.27 |
Aug | 183.17 | +1.15 |
Oct | 185.07 | +1.05 |
Feeder Cattle futures for:
Date | $/cwt US | |
---|---|---|
Jan | 255.70 | +1.22 |
Mar | 256.10 | +1.52 |
Corn futures for:
Date | $/bu US | cents |
---|---|---|
Mar | 4.45 | +4 1/4 |
May | 4.51 | +4 3/4 |
Soybean futures for:
Date | $/bu US | cents |
---|---|---|
Jan | 9.74 | +11 |
Mar | 9.77 1/2 | +11 |
Soft Red Winter Wheat for:
Date | $/bu US | cents |
---|---|---|
Mar | 5.32 1/4 | -3/4 |
May | 5.42 1/2 | -1 |
Canadian Dollar futures for:
Date | ||
---|---|---|
Mar | 69.81 | +0.07 |
Jun | 70.05 | +0.08 |
This concludes the Friday mid-day Cattle Market report.
View Individual Auction Market Reports View Northern Reports