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Monday, May 6, 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 25 veal on offer.
Veal has not started to trade at this time. 800 stockers are expected to Tuesday's special Vaccinated Stocker Sale!
Kawartha Lakes Community Sale Barn Inc.
At Kawartha Lakes Community Sale Barn Inc. on Saturday, there were 236 head of cattle on offer.
Cows sold actively at steady prices.
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| Livestock | Range | Avg | Top Price |
|---|---|---|---|
| Cows | 130.00-172.00 | 144.50 | 195.00 |
| Bulls under 1600 lbs | 150.00-184.00 | 163.34 | 184.00 |
| Bulls over 1600 lbs | 129.00-198.00 | 170.80 | 198.00 |
| Veal over 600 lbs | 180.00-226.00 | 189.37 | 226.00 |
| Veal under 125 lbs | 700.00-1075.00 | 815.98 | 1175.00 |
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 900-999 | 269.43-322.30 | 311.26 | 329.00 |
| Replacement steers 800-899 | 324.94-356.55 | 345.20 | 370.00 |
| Replacement steers 700-799 | 324.33-395.94 | 369.71 | 403.00 |
| Replacement heifers 800-899 | 284.23-320.61 | 303.98 | 328.00 |
| Replacement heifers 700-799 | 276.57-341.10 | 317.30 | 361.00 |
| Replacement heifers 600-699 | 284.30-367.22 | 331.68 | 402.50 |
U.S. Trade (U.S. funds)
U.S. cash cattle trade
The U.S. cash cattle trade on Friday was light in the south at $184.00 live, up $2.00 cwt from the previous week on average. Business in the north last week was mainly at $295.00 dressed and $186.00-$187.00 live, up $1.00. Final results will be available this afternoon.
This morning is a typical Monday with both sides taking inventory and show list distribution getting underway. No bids are on the table and asking prices are unestablished and could stay that way until Wednesday.
| 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 Monday, May 6th saw:
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Jun | 176.45 | -0.22 |
| Aug | 173.92 | -0.65 |
| Oct | 177.60 | -0.45 |
| Dec | 181.92 | -0.45 |
| Feb | 185.40 | -0.55 |
| Apr | 187.70 | -0.65 |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| May | 241.22 | -2.07 |
| Aug | 252.70 | -2.05 |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| May | 4.58 1/4 | +11 1/4 |
| Jul | 4.69 | +8 3/4 |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| May | 12.25 | +23 1/4 |
| Jul | 12.34 3/4 | +19 3/4 |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| May | 6.06 | +0.0 |
| Jul | 6.40 3/4 | +18 1/4 |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Jun | 73.28 | +0.14 |
| Sep | 73.42 | +0.15 |
Fed Cattle Exported from Ontario To The U.S.
| Livestock | Week Ending Apr 20, 2024 | Week Ending Apr 13, 2024 | YTD 2024 |
|---|---|---|---|
| Grand total | 2,931 | 3,213 | 44,864 |
| Fed cattle & cows | 2,867 | 3,089 | 43,013 |
| Bulls | 64 | 124 | 1,851 |
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Federally Inspected Canadian Processing Volumes
| Livestock | Week Ending Apr 20, 2024 | YTD | % Change From Yr Ago |
|---|---|---|---|
| Grand total | 56,053 | 1,013,949 | -3% |
| Western slaughter | 43,863 | 812,520 | -2% |
| Eastern slaughter | 12,190 | 201,429 | -6% |
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USDA Estimated Cattle Kill
| Livestock | Week Ending May 4, 2024 | Week Ending Apr 27, 2024 | Year Ago |
|---|---|---|---|
| Grand total | 619,000 | 613,000 | 621,000 |
This concludes the Monday mid-day Cattle Market report.View Individual Auction Market Reports View Northern Reports