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Wednesday, Nov 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 Stockyards Inc.
Today at Ontario Stockyards Inc., there are 30 fed steers & heifers and 300 cows and bulls on offer.
Cows and bulls are selling on a slightly easier market. 1000 stockers are expected for Thursday's sale.
Ontario Auction Sales Weighted Average Prices
Ontario auction sales on Tuesday saw weighted average prices for:
Scroll / swipe to see full table.
| Livestock | Range | Avg | Top Price |
|---|---|---|---|
| Large & Medium Frame Fed Steers | 240.28-251.79 | 246.88 | 264.00 |
| Large & Medium Frame Fed Heifers | 234.32-254.58 | 245.53 | 277.50 |
| Cows | 108.45-162.79 | 136.73 | 241.00 |
| Bulls under 1600 lbs | 143.31-198.69 | 172.21 | 207.00 |
| Bulls over 1600 lbs | 168.22-204.48 | 187.80 | 215.00 |
| Veal 600 lbs and over | 226.95-296.14 | 265.99 | 330.00 |
| Veal under 125 lbs | 498.12-1098.58 | 820.11 | 1375.00 |
| Replacement steers 600-699 | 334.47-433.38 | 403.87 | 444.00 |
| Replacement steers 500-599 | 318.94-488.60 | 429.43 | 490.00 |
| Replacement heifers 600-699 | 262.08-387.29 | 345.79 | 400.00 |
| Replacement heifers 500-599 | 338.20-439.89 | 406.25 | 452.50 |
Alberta Direct Trade
Alberta Direct Trade
The Alberta direct trade on Tuesday saw no new trade to report but there is a good chance scattered trade will develop by this afternoon. Canfax released its November 1st cattle on feed report last Friday, feedlot placements for the month of October were larger than last year. Larger feedlot placements were driven by heifers. In October heifer placements were 31% larger than last year. This is the first time in 5 months that feedlot placements are above year ago. Cattle on feed inventories are below last year but inline with the five-year average.
Scroll / swipe to see full table.
| Steers | Live | N/T | Flat Rail | N/T |
| Heifers | Live | N/T | Flat Rail | N/T |
U.S. Trade (U.S. funds)
U.S. cash cattle trade
The U.S. cash cattle trade saw light trade in Nebraska yesterday with dressed sales reported at $290.00/cwt, traded fully steady with the previous week. Today in the South a few asking prices are reported from $187.00-$188.00/cwt live. Significant trade is likely to be delayed until Thursday or Friday.
At the Central Stockyards online auction today there are 2,344 head on offer, in 11 lots with most delivery in 5-7 days. The auction gets underway at 11:00 am sharp and can be viewed by clicking here (you have to register on the website to view).
| Choice and select steers and heifers (2/3 choice): | live | N/T |
| rail | 290.00-290.00 |
Chicago Mercantile Exchange
The Chicago Mercantile Exchange midsession trade on Wednesday, Nov 20 saw:
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Dec | 186.10 | -0.47 |
| Feb | 187.77 | -0.22 |
| Apr | 189.52 | +0.10 |
| Jun | 184.67 | -0.20 |
| Aug | 183.17 | -0.40 |
| Oct | 185.02 | -0.32 |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Nov | 254.17 | -0.07 |
| Jan | 251.85 | -0.15 |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| Dec | 4.28 3/4 | +1 1/2 |
| Mar | 4.38 1/4 | + 1/2 |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| Jan | 9.90 3/4 | -7 3/4 |
| Mar | 10.00 1/4 | -8 1/4 |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| Dec | 5.52 3/4 | +3 |
| Mar | 5.71 3/4 | +4 |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Dec | 71.48 | -0.19 |
| Mar | 71.71 | -0.20 |
This concludes the Wednesday mid-day Cattle Market report.View Individual Auction Market Reports View Northern Reports