Noon Report

This is the Beef Farmers of Ontario's mid-day market report for Wednesday, March 22, 2017

Prices are reported on a "per one hundred pound" basis, unless otherwise stated.

Updated daily as the information is submitted, completed by 12:00 noon.

Today at the Ontario Stockyards Inc. there are 190 fed steers & heifers, 250 cows, 12 bulls and 15 veal calves on offer.

Cows are trading actively with both dairy and beef cows selling barely steady. Bulls sold fully steady to stronger. Veal sold steady to Monday and 800 stockers are expected for Thursday's sale.

Livestock Range Top Price
Export Cows 77.00-82.00 83.50
Good Dairy Cows 81.00-91.00 93.50
Good Beef Cows 87.00-98.000 100.00
Bulls 109.00-133.00 132.50
Dairy Cattle N/T  
Export Dairy Cattle N/T  
Veal Calves 100.00-116.00 130.00

 

VIEW INDIVIDUAL AUCTION MARKETS FOR CURRENT PRICES AND TRENDS

Ontario auction sales on Tuesday saw weighted average prices for:

Livestock Range Avg Top Price
Large & Medium Frame Fed Steers 148.00-163.50 155.55 168.50
Large & Medium Frame Fed Heifers 145.75-160.00 153.93 164.50
Cows 68.81-95.80 83.07 138.99
Bulls all weights 99.60-113.25 106.07 130.00
Veal 600 lbs and over 105.98-27.781 117.88 169.00
Veal 125 lbs and less 111.85-207.74 166.19 320.00
Replacement steers 1000+ 174.14-175.80 1756.21 179.25
Replacement steers 700-799 133.73-189.04 170.84 200.00
Replacement heifers 900+ 148.53-156.90 152.60 192.07
Replacement heifers 500-599 151.90-191.12 177.49 204.00

Alberta Direct Trade

The Alberta direct trade for Tuesday remains untested but we could see some scattered deals develop this afternoon.

         
Steers Live N/T Flat Rail N/T
Heifers Live N/T Flat Rail N/T

U.S. Trade (U.S. funds)

The U.S. cash cattle trade remains untested. At this time there are no bids on the table and asking prices are still poorly defined.  Very little business is expected to develop until after the online auction was completed this morning. Final results for the online Fed Cattle Exchange saw 3,928 head on offer with only 2,195 sold, with prices ranging from $128.00-$136.50 live averaging $4.96 higher than last week, at the online market.  Cattle futures are triple digits higher this morning.

     
Choice and select steers and heifers: (2/3 choice) live 128.00-136.50
  rail N/T

On the Chicago Mercantile Exchange midsession trade on Wednesday March 22nd saw:

Live Cattle

Date $/cwt US  
Apr 122.30 +2.40
Jun 113.35 +2.30
Aug 108.37 +1.80
Oct 108.17 +1.45
Dec 108.75 +1.27
Feb 108.57 +1.40

Feeder Cattle

Date $/cwt US  
Mar 133.87 +1.87
Apr 135.20 +2.57

Corn

Date $/bu US cents
May 3.60 3/4 - 1/2
Jul 3.68 - 3/4

Soybeans

Date $/bu US cents
May 9.97 1/4 -4 1/4
Jul 10.07 3/4 -4

Canadian Dollar

Date    
Apr 74.81 -0.16
May 74.85 -0.14

 This concludes the Wednesday mid-day Cattle Market Report

 


 

Ontario Auction Sales

VIEW INDIVIDUAL SALE RESULTS OR SUMMARY REPORTS FROM ONTARIO AUCTION MARKETS

VIEW INDIVIDUAL SALE RESULTS FROM THE NORTHERN CATTLE SALES NETWORK

 

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