Noon Report

Friday, November 7, 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 Auction Sales Weighted Average Prices

Ontario auction sales on Thursday saw weighted average prices for:

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Livestock Range Avg Top Price
Large & medium frame fed steers 280.00-335.00 307.22 335.00
Large & medium frame fed heifers 215.00-308.00 280.15 329.00
Cows 142.65-194.25 166.42 317.50
Bulls over 1600 lbs 226.67-253.33 240.89 280.00
Veal 600 lbs and over 315.08-386.02 361.30 408.00
Replacement steers 600-699 482.66-614.19 564.52 617.50
Replacement steers 500-599 539.51-671.27 614.83 710.00
Replacement steers 400-499 497.68-742.59 624.75 850.00
Replacement heifers 600-699 414.71-534.07 482.16 627.50
Replacement heifers 500-599 480.92-562.73 522.67 642.50
Replacement heifers 400-499 476.24-637.65 545.50 667.50

View Individual Auction Market Reports

The Quebec Electronic Market

The Quebec Electronic Market

The Quebec Electronic Market is not available at the time of publication.

Alberta Direct Trade

Alberta Direct Trade

The Alberta direct trade so far this week have seen light trade develop with dressed sales ranging from $493.00-495.00/cwt delivered, $2.00-10.00/cwt lower than he previous week. Cattle that traded were being scheduled for delivery throughout the month of December. In some instances, cattle were bought flat with no heavy weight carcass discounts. There have been reports packers are behind schedule picking up cash cattle and contract cattle. From their highs in September fed cattle prices have dropped $22.00/cwt.

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Steers Live N/T Flat Rail 493.00-495.00
Heifers Live N/T Flat Rail 493.00-495.00

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

U.S. cash cattle trade

The U.S. cash cattle trade saw light trade was reported in Nebraska yesterday with dressed sales at $355.00/cwt, sales are positioned at the bottom end of last week's trading range. Live sales in Texas and Kansas were at $230.00/cwt, lower than prices seen earlier in the week and $5.00-6.00/cwt lower than last week. Earlier this week it was announced the Supplemental Nutritional Assistance Program (SNAP) benefits would remain suspended until the government shutdown ends.  A policy that could weight on retail demand for items like ground beef and probably more so chicken. The White House said the Trump administration will follow court orders to use emergency funds to provide partial benefits. An average of 41.7 million people depend on these benefits.

     
Choice and select steers and heifers (2/3 choice): live 230.00-230.00
  rail 355.00-355.00

Chicago Mercantile Exchange

The Chicago Mercantile Exchange midsession trade on Friday, Nov 7 saw:

Live Cattle futures for:

Date $/cwt US  
Dec 220.47 +1.70
Feb 218.67 +1.92
Apr 218.45 +1.75
Jun 211.87 +2.07
Aug 208.30 +2.07
Oct 207.25 +2.07

Feeder Cattle futures for:

Date $/cwt US  
Nov 324.85 +2.80
Jan 318.50 +2.90

Corn futures for:

Date $/bu US cents
Dec 4.29 1/4 +1/2
Mar 4.43 1/2 +1/2

Soybean futures for:

Date $/bu US cents
Nov 11.00 +8 1/4
Jan 11.14 1/4 +6 3/4

Soft Red Winter Wheat for:

Date $/bu US cents
Dec 5.30 1/2 -5
Mar 5.44 3/4 -5

Canadian Dollar futures for:

Date    
Dec 71.21 +0.21
Mar 71.50 +0.20

This concludes the Friday mid-day Cattle Market report.

View Individual Auction Market Reports View Northern Reports