Thursday, Apr 17, 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 Livestock Exchange
Today at Ontario Livestock Exchange (OLEX), there are 120 fed cattle, 400 cows, and 400 stockers on offer.
Fed cows are selling at barely steady prices with good cows from $162.00-$195.00 top $230.00/cwt.
Ontario Auction Sales Weighted Average Prices
Ontario auction sales on Wednesday saw weighted average prices for:
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Livestock | Range | Avg | Top Price |
---|---|---|---|
Large & medium frame fed steers | 235.40-286.20 | 272.18 | 290.00 |
Large & medium frame fed heifers | 227.79-283.43 | 257.72 | 300.00 |
Cows | 145.29-213.55 | 170.99 | 239.99 |
Bulls under 1600 lbs | 199.00-217.00 | 209.00 | 217.00 |
Bulls over 1600 lbs | 201.20-237.60 | 221.74 | 266.00 |
Veal 600 lbs and over | 240.93-359.38 | 280.53 | 400.00 |
Veal under 125 lbs | 1010.00-1910.00 | 1279.70 | 2000.00 |
Replacement steers 1000+ | 362.00-391.00 | 378.22 | 391.00 |
Replacement steers 900-999 | 380.00-401.00 | 388.53 | 401.00 |
Replacement heifers 900+ | 345.00-392.50 | 356.31 | 392.50 |
Replacement heifers 800-899 | 373.21-406.79 | 396.17 | 412.50 |
Alberta Direct Trade
Alberta Direct Trade
The Alberta direct trade on Wednesday saw light trade develop with dressed sales at $475.00/cwt delivered, fully steady with the previous week. Cattle that traded were being scheduled anywhere from immediate to early May delivery. US packer interest was relatively quiet this week. Even though western Canadian packers have scaled back hours fed cattle numbers have not backed up. One could argue the feedlot industry has actually gained currentness. This has been large in part due to historically large fed cattle shipments to the US. Seasonally cow processing volumes are declining, and packers usually start allocating more hours to the A grade processing.
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Steers | Live | N/T | Flat Rail | 475.00 |
Heifers | Live | N/T | Flat Rail | 475.00 |
U.S. Trade (U.S. funds)
U.S. cash cattle trade
The U.S. cash cattle trade saw no new trade to report. Yesterday’s market tone was steady to higher, with dressed bids in Nebraska noted at $328.00/cwt, fully steady with the previous week, while live bids in Nebraska were reported at $212.00/cwt, $4.00/cwt higher. USDA is scheduled to release its April 1st cattle on feed report this afternoon. Pre-report estimates are indicating March placements to be 4% larger than last year while fed cattle shipments are projected to be up 1%. April 1st cattle on feed inventories are expected to be 2% below last year.
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 Thursday, Apr 17 saw:
Live Cattle futures for:
Date | $/cwt US | |
---|---|---|
Apr | 208.72 | +1.65 |
Jun | 203.30 | +1.22 |
Aug | 199.65 | +0.70 |
Oct | 197.95 | +0.37 |
Dec | 198.50 | +0.15 |
Feb | 199.25 | -0.15 |
Feeder Cattle futures for:
Date | $/cwt US | |
---|---|---|
Apr | 293.35 | +3.40 |
May | 285.95 | +1.55 |
Corn futures for:
Date | $/bu US | cents |
---|---|---|
May | 4.85 1/2 | +1 1/4 |
Jul | 4.93 | +1 1/4 |
Soybean futures for:
Date | $/bu US | cents |
---|---|---|
May | 10.35 1/2 | -3 1/4 |
Jul | 10.46 1/2 | -3 3/4 |
Soft Red Winter Wheat for:
Date | $/bu US | cents |
---|---|---|
May | 5.52 1/2 | +4 3/4 |
Jul | 5.65 3/4 | +4 3/4 |
Canadian Dollar futures for:
Date | ||
---|---|---|
Jun | 72.34 | +0.05 |
Sep | 72.69 | +0.09 |
This concludes the Thursday mid-day Cattle Market report.
View Individual Auction Market Reports View Northern Reports