Noon Report

This is the Beef Farmers of Ontario's mid-day market report for Wednesday, April 17, 2019

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 cows, 16 bulls and 6 veal calves on offer.

Cows and bulls sold fully steady on a good demand. Veal is steady to Monday's lower trade.  700 stockers are expected for Thursday's sale.

Livestock Range Top Price
Export Cows 50.00-58.00 74.00
Good Dairy Cows 65.00-79.00 82.50
Good Beef Cows 69.00-84.00 90.00
Bulls 85.00-100.00 102.00
Veal Calves 65.00-70.00  

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 141.00-154.00 148.89 154.00
Large & Medium Frame Fed Heifers 140.50-154.75 146.73 154.75
Cows 52.66-79.40 65.26 102.00
Bulls all weights 72.22-98.89 85.00 139.99
Veal 600 lbs and over 74.83-102.08 91.59 161.00
Veal 125 lbs and less 98.83-235.92 142.00 363.16
Replacement steers 800 to 899 lbs 178.17-197.08 189.17 199.25
Replacement steers 700 to 799 lbs 192.41-225.16 210.83 229.00
Replacement heifers 700 to 799 lbs 161.56-192.61 176.90 223.50
Replacement heifers 600 to 699 lbs 169.61-215.54 196.88 224.00

Alberta Direct Trade

The Alberta direct trade for Tuesday saw no sales to report.

         
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, according to DTN:
"The country is quiet this morning, although we are hearing that asking prices are around $128 to $130 in the South and $209 plus in the North. So far even token bids have yet to surface. Significant trade volume will likely be delayed until Thursday or later."

At the Fed Cattle Exchange online auction today there are 1578 head on offer, in 15 lots with delivery in 1-9 or 1-17 days.  The auction gets underway at 11:00 am sharp and can be viewed by clicking here: https://fedcattleexchange.com/Listing/Details/591353

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

On the Chicago Mercantile Exchange midsession trade on Wednesday April 17th saw:

Live Cattle

Date $/cwt US  
Apr 126.72 -0.42
Jun 122.17 -0.27
Aug 119.27 -0.05
Oct 119.87 -0.05
Dec 123.42 -0.02
Feb 125.60 +0.07

Feeder Cattle

Date $/cwt US  
Apr 145.30 -0.37
May 151.02 -0.17

Corn

Date $/bu US cents
May 3.57 3/4  -1 1/4
Jul 3.66 1/2 -1 1/4

Soybeans

Date $/bu US cents
May 8.80 3/4 -7 1/4
Jul 8.94 1/2 -7 1/4

Canadian Dollar

Date    
Jun 75.15 +0.16
Sep 75.31 +0.16

 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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