Noon Report

This is the Beef Farmers of Ontario's mid-day market report for Tuesday, December 18, 2018

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 400 veal and 200 cows on offer.

Veal is currently selling on a lower market.


Today at Brussels Livestock there are 160 fed steers and heifers and 350 cows on offer.

Fed steers and heifers are selling steady.

Livestock Range Top
Choice fed steers & heifers 137.00-141.00 144.00
Second cut fed steer & heifers 133.00-137.00  

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) 38.18-54.18 46.07 63.50
Bulls under 1600 lbs 44.00-61.20 52.60 78.00
Bulls over 1600 lbs 65.43-88.38 76.89 92.00
Veal 600 lbs and over 86.08-111.03 100.38 137.50
Veal under 125 lbs 43.10-221.57 93.76 382.00

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

U.S. cash cattle trade is very quiet with little business expected to develop before the second half of the week, with bids and asking prices unestablished.  Reports that this week's offering is considerably smaller than last week, especially in the south, are met with a smaller processing volume week next week due to the holidays.

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

On the Chicago Mercantile Exchange midsession trade on Tuesday December 18th saw:

Live Cattle futures for:

Date $/cwt US  
Dec 119.10 +0.07
Feb 121.95 +0.40
Apr 124.30 +0.45
Jun 115.65 +0.30
Aug 112.97 +0.22
Oct 114.40 +0.30

Feeder Cattle futures for:

Date $/cwt US  
Jan 145.95 +0.57
Mar 143.97 +0.65

Corn futures for:

Date $/bu US cents
Mar 3.85 1/2 +1 1/2
May 3.93 1/2 +1 3/4

Soybean futures for:

Date $/bu US cents
Jan 9.08 3/4 +4
Mar 9.21 3/4 +3 3/4

Canadian Dollar futures for:

Date    
Dec 74.54 -0.03
Mar 74.50 -0.24

 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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