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Friday, June 28, 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 | 216.00-240.00 | 226.30 | 243.00 |
| Large & medium frame fed heifers | 219.00-240.00 | 229.96 | 243.00 |
| Cows | 136.93-182.73 | 158.32 | 225.00 |
| Bulls under 1600 lbs | 145.71-217.71 | 173.66 | 250.00 |
| Bulls over 1600 lbs | 172.50-218.50 | 198.50 | 230.00 |
| Veal 600 lbs and over | 204.00-251.00 | 224.67 | 302.00 |
| Replacement steers 800-899 | 282.27-340.51 | 312.35 | 354.00 |
| Replacement steers 700-799 | 280.71-358.57 | 326.73 | 390.00 |
| Replacement steers 600-699 | 308.09-420.36 | 360.93 | 440.00 |
| Replacement heifers 600-699 | 271.52-325.75 | 307.31 | 370.00 |
| Replacement heifers 500-599 | 301.13-391.18 | 343.57 | 431.00 |
| Replacement heifers 400-499 | 348.52-423.36 | 389.11 | 450.00 |
The Quebec Electronic Market
The Quebec Electronic Market
The Quebec Electronic Market reported for this week ranged from $399.75-$400.00 dressed, down $-2.95 from last week on average.
Alberta Direct Trade
Alberta Direct Trade
The Alberta direct trade on on Thursday was steady with Wednesday trade. Prices remain $2.00-5.00/cwt lower than the previous week. Buying interest has been noted this week from all three packers. Lift times are mostly three weeks out. Western Canadian steer carcass weights for the week ending June 22nd averaged 878 lbs, 2 lbs lighter than last week, but 24 lbs heavier than last year and 19 lbs heavier than the five-year average for the same week.
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| 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 today saw a few bids in Nebraska at $198.00/cwt live and $312.00/cwt dressed, but still far from the asking prices of $315.00+/cwt dressed. In the South bids of $188.00/cwt live were noted but asking prices ranged from $192.00 to $195.00/cwt. Significant trade is likely to be delay until later today.
| Choice and select steers and heifers (2/3 choice): | live | N/T |
| rail | N/T |
Chicago Mercantile Exchange
The Chicago Mercantile Exchange midsession trade on Friday, June 28 saw:
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Jun | 195.00 | +0.82 |
| Aug | 186.00 | -0.45 |
| Oct | 185.32 | -0.42 |
| Dec | 186.67 | -0.32 |
| Feb | 188.55 | -0.47 |
| Apr | 190.40 | -0.32 |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Aug | 258.72 | -1.92 |
| Sep | 259.65 | -1.75 |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| Jul | 4.14 3/4 | +1 |
| Sep | 4.26 | +3 1/2 |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| Jul | 11.61 | +8 3/4 |
| Aug | 11.45 3/4 | +9 1/2 |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| Jul | 5.62 | 2 1/4 |
| Sep | 5.81 1/4 | 1 3/4 |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Jul | 72.98 | -0.08 |
| Sep | 73.19 | +0.02 |
This concludes the Friday mid-day Cattle Market report.
View Individual Auction Market Reports View Northern Reports