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Thursday, August 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 Livestock Exchange
Today at Ontario Livestock Exchange (OLEX), there are 100 fed cattle, 200 cows, and 400 stockers on offer.
Fed cows are selling on a steady trade with good cows from $194.00-229.00 with top of $269.99/cwt.
Ontario Auction Sales Weighted Average Prices
Ontario auction sales on Wednesday saw weighted average prices for:
Scroll / swipe to see full table.
| Livestock | Range | Avg | Top Price |
|---|---|---|---|
| Cows | 146.50-244.50 | 195.51 | 285.99 |
| Bulls under 1600 lbs | 231.00-333.33 | 273.25 | 367.50 |
| Bulls over 1600 lbs | 211.00-273.40 | 238.20 | 278.00 |
| Veal 600 lbs and over | 285.00-475.00 | 353.10 | 475.00 |
| Veal under 125 lbs | 930.00-1900.00 | 1311.31 | 2110.00 |
| Replacement steers 1000+ | 405.00-447.50 | 419.32 | 447.50 |
| Replacement steers 900-999 | 430.00-468.00 | 453.14 | 468.00 |
| Replacement heifers 900+ | 357.48-411.97 | 383.25 | 412.50 |
Alberta Direct Trade
Alberta Direct Trade
The Alberta direct trade on Wednesday saw light trade develop with dressed sales and bids reported from $500.00-505.00/cwt delivered, mostly steady with the previous week. US packer interest has been noted, and light volumes of Western Canadian fed cattle have traded South. These cattle will be priced off the five-area average. Competition on the cash market has improved compared to the past couple of weeks. Fed prices continue to hold at record high levels. It is so rare to see prices strengthen into the summer market. Furthermore, over the past 50 years there has only been one time where annual highs have occurred in August.
Scroll / swipe to see full table.
| Steers | Live | N/T | Flat Rail | 500.00-505.00 |
| Heifers | Live | N/T | Flat Rail | 500.00-505.00 |
U.S. Trade (U.S. funds)
U.S. cash cattle trade
The U.S. cash cattle trade saw light trade reported in Texas yesterday with live sales reported at $237.00/cwt, $2.00/cwt higher than last week. Business remains quiet in all other feeding states with no bids to speak of. Beef cutout values have found some stability trading $4.00-5.00/cwt higher yesterday. Reduced processing volumes and retailer covering some of their Labor Day holiday beef needs has been supportive. Looking at the feed grain market, the December corn contract did set new lows yesterday. Historically the December corn contracts bottom in mid August. US corn crop conditions are the best since 2016.
| Choice and select steers and heifers (2/3 choice): | live | 237.00 |
| rail | N/T |
Chicago Mercantile Exchange
The Chicago Mercantile Exchange midsession trade on Thursday, August 7 saw:
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Aug | 237.35 | +1.05 |
| Oct | 230.95 | +1.30 |
| Dec | 232.27 | +1.55 |
| Feb | 232.82 | +1.55 |
| Apr | 232.20 | +1.42 |
| Jun | 224.27 | +1.37 |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Aug | 346.80 | +1.77 |
| Sep | 346.52 | +2.30 |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| Sep | 3.83 1/2 | +3 3/4 |
| Dec | 4.05 1/2 | +4 1/4 |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| Aug | 9.69 3/4 | +8 1/4 |
| Sep | 9.70 1/2 | +5 |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| Sep | 5.18 3/4 | +10 1/4 |
| Dec | 5.39 1/4 | +10 |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Sep | 72.82 | -0.09 |
| Dec | 73.09 | -0.11 |
This concludes the Thursday mid-day Cattle Market report.
View Individual Auction Market Reports View Northern Reports