Noon Report

This is the Beef Farmers of Ontario's mid-day market report for Tuesday, September 19, 2017

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.


Today at Ontario Livestock Exchange, there are 440 veal and 130 cows on offer.

Veal is currently selling on a steady to selectively higher market.


Today at Brussels Livestock there are 85 fed steers and heifers and 150 cows on offer.

Fed steers and heifers are selling steady.

Livestock Range Top
Choice fed steers & heifers 120.00-130.00 139.50
Second cut fed steer & heifers 116.00-120.00  

VIEW INDIVIDUAL AUCTION MARKETS FOR CURRENT PRICES AND TRENDS

Ontario auction sales on Monday saw weighted average prices for:

Livestock Range Avg. Top Price
Cows (all weights) 58.62-75.04 66.25 114.39
Bulls under 1600 lbs 85.43-106.29 98.10 125.00
Bulls over 1600 lbs 92.00-99.88 95.61 104.50
Veal 600 lbs and over 120.57-151.00 135.52 178.00
Veal under 125 lbs 71.19-1468.63 120.11 251.00

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

U.S. cash cattle trade is very quiet this morning.  A few asking prices in the south have been reported at $108.00-$109.00 live but the rest of the country remains undefined.  This week's offering is mixed in volume by state, but overall the offering is reported to be tighter than last week.  Trade was very light last week which leads one to believe that packers will be starting the week short bought. That said, active trade is not expected to develop today.

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

On the Chicago Mercantile Exchange midsession trade on Tuesday September 19th saw:

Live Cattle futures for:

Date $/cwt US  
Oct 107.37 -0.20
Dec 112.62 -0.32
Feb 116.55 +0.05
Apr 119.05 -0.30
Jun 112.00 -0.17
Aug 109.65 -0.05

Feeder Cattle futures for:

Date $/cwt US  
Sep 151.05 +0.25
Oct 152.22 +0.27

Corn futures for:

Date $/bu US cents
Dec 3.47 1/2 -4
Mar 3.60 -4

Soybean futures for:

Date $/bu US cents
Nov 9.60 1/4 -7 1/2
Jan 9.70 3/4 -7 1/4

Canadian Dollar futures for:

Date    
Sep 81.36 +0.11
Oct 81.43 +0.15

 This concludes the Tuesday 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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