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Monday, Jan 20, 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 Stockyards Inc.
Today at Ontario Stockyards Inc., there are 20 veal on offer.
light run of veal sold steady.
Kawartha Lakes Community Sale Barn Inc.
At Kawartha Lakes Community Sale Barn Inc. on Saturday, there were 425 head of cattle on offer.
Cows sold actively at steady to higher prices.
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| Livestock | Range | Avg | Top Price |
|---|---|---|---|
| Cows | 135.00-185.00 | 154.18 | 200.00 |
| Bulls over 1600 lbs | 170.00-225.00 | 189.64 | 225.00 |
| Veal over 600 lbs | 200.00-285.00 | 240.43 | 285.00 |
| Veal under 125 lbs | 700.00-1050.00 | 855.15 | 1100.00 |
Ontario Auction Sales Weighted Average Prices
Ontario auction sales summary for Friday and Saturday saw weighted average prices for:
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| Livestock | Range | Avg | Top Price |
|---|---|---|---|
| Replacement steers 1000+ | 332.94-370.23 | 355.75 | 383.50 |
| Replacement steers 900-999 | 358.54-389.68 | 375.34 | 395.00 |
| Replacement steers 600-699 | 410.00-498.00 | 461.11 | 498.00 |
| Replacement heifers 900+ | 296.13-337.11 | 319.41 | 353.00 |
| Replacement heifers 800-899 | 341.26-365.46 | 356.30 | 368.00 |
| Replacement heifers 600-699 | 355.23-431.38 | 391.57 | 434.00 |
U.S. Trade (U.S. funds)
U.S. cash cattle trade
The U.S. cash cattle trade last week saw dressed sales in the Northern feeding states from $318.00-$327.00/cwt, with most trade at $322.00/cwt, $2.00/cwt stronger than the previous week. Live sales in the Northern feeding states range from $203.00-$205.00/cwt, $2.00/cwt stronger. While live sales in Texas and Kansas were reported from $200.00-$201.00/cwt, fully steady. Last week's cattle processed was estimated at 603,000 head, for the middle of January this is the smallest processing since 2017. The All-fresh beef retail price for the month of December was reported at $8.08/lb, up slightly from the previous month. Retail beef prices are 2% higher than last year.
| Choice and select steers and heifers (2/3 choice): | live | 200.00-205.00 |
| rail | 318.00-327.00 |
Chicago Mercantile Exchange
The Chicago Mercantile Exchange midsession trade on Monday, Jan 20 is closed in observation of Martin Luther King Jr. Day :
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Feb | ||
| Apr | ||
| Jun | ||
| Aug | ||
| Oct | ||
| Dec |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Jan | ||
| Mar |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| May | ||
| May |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| Mar | ||
| May |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| Mar | ||
| May |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Mar | 69.95 | +0.65 |
| Jun | 70.24 | +0.67 |
Fed Cattle Exported from Ontario To The U.S.
| Livestock | Week Ending Jan 4, 2025 | Week Ending Dec 28, 2024 | YTD 2024 |
|---|---|---|---|
| Grand total | 2,015 | 2,502 | 2,015 |
| Fed cattle & cows | 1,963 | 2,471 | 1,963 |
| Bulls | 52 | 31 | 52 |
Federally Inspected Canadian Processing Volumes
| Livestock | Week Ending Jan 11, 2025 | YTD | % Change From Yr Ago |
|---|---|---|---|
| Grand total | 55,623 | 104,042 | -13.8% |
| Western slaughter | 43,012 | 82,539 | -14.9% |
| Eastern slaughter | 12,611 | 21,503 | -9.4% |
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USDA Estimated Cattle Kill
| Livestock | Week Ending Jan 18, 2025 | Week Ending Jan 11, 2025 | Year Ago |
|---|---|---|---|
| Grand total | 603,000 | 589,000 | 605,000 |
This concludes the Monday mid-day Cattle Market report.View Individual Auction Market Reports View Northern Reports