Noon Report

Monday, June 16, 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 25 veal on offer.

Veal sold stronger.

Kawartha Lakes Community Sale Barn Inc.

At Kawartha Lakes Community Sale Barn Inc. on Saturday, there were 224 head of cattle on offer.

Cows sold actively at steady to higher prices. 

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Livestock Range Avg Top Price
Cows 160.00-233.00 188.83 290.00
Bulls under 1600 lbs 235.00-346.15 273.22 346.15
Bulls over 1600 lbs 180.00-256.00 236.67 256.00
Veal over 600 lbs 200.00-252.50 223.37 252.50
Veal under 125 lbs 800.00-1650.00 1202.18 1875.00

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+ 374.23-407.58 392.99 420.00
Replacement steers 900-999 407.62-435.42 423.41 456.00
Replacement steers 800-899 451.00-472.00 464.03 472.00
Replacement heifers 900+ 354.99-392.36 378.10 432.00
Replacement heifers 800-899 391.00-441.00 424.33 468.00
Replacement heifers 700-799 395.55-451.27 422.97 495.00

View Individual Auction Market Reports

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 at $380.00/cwt, while live sales were at $242.00/cwt, fully steady with the previous week. Sales in Texas and Kansas were from $233.00-$240.00/cwt live, with most trade at $235.00/cwt, $5.00/cwt higher. After a sharp sell off on Friday both live and feeder cattle contracts are rallying today. According to the latest World Supply and Demand report, beef production for 2026 is expected to be down 4% compared to 2025. Both pork and broiler production for 2026 is expected to be larger by about 1%.  As pork and broiler continues to grow this will act as headwinds for the beef market. 

     
Choice and select steers and heifers (2/3 choice): live 233.00-242.00
  rail 380.00-380.00

Chicago Mercantile Exchange

The Chicago Mercantile Exchange midsession trade on Monday, June 16 saw:

Live Cattle futures for:

Date $/cwt US  
Jun 227.00 +1.90
Aug 215.57 +3.12
Oct 212.72 +2.80
Dec 213.25 +2.62
Feb 212.87 +2.30
Apr 211.80 +2.22

Feeder Cattle futures for:

Date $/cwt US  
Aug 309.92 +3.50
Sep 309.20 +3.60

Corn futures for:

Date $/bu US cents
Jul 4.35 -9 1/2
Sep 4.20 1/4 -8 1/4

Soybean futures for:

Date $/bu US cents
Jul 10.67 1/4 -2 1/2
Aug 10.69 No Change

Soft Red Winter Wheat for:

Date $/bu US cents
Jul 5.37 1/4 -6 1/2
Sep 5.52 3/4 -6 1/2

Canadian Dollar futures for:

Date    
Jun 73.75 +0.19
Sep 74.09 +0.19

Fed Cattle Exported from Ontario To The U.S.

Livestock Week Ending May 31, 2025 Week Ending May 24, 2025 YTD 2025
Grand total 3,177 2,502 83,123
Fed cattle & cows 2,935 2,471 81,028
Bulls 242 31 2,095

Federally Inspected Canadian Processing Volumes

Livestock Week Ending June 7, 2025 YTD % Change From Yr Ago
Grand total 52,419 1,235,825 -7.2%
Western slaughter 40,975 971,297 -9.7%
Eastern slaughter 11,444 264,528 +3.3%

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USDA Estimated Cattle Kill

Livestock Week Ending Jun 14, 2025 Week Ending Jun 7, 2025 Year Ago
Grand total 558,000 582,000 615,000

This concludes the Monday mid-day Cattle Market report.View Individual Auction Market Reports View Northern Reports