Noon Report

Friday, November 28, 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 275.00-310.00 291.16 310.00
Large & medium frame fed heifers 250.00-291.50 281.23 291.50
Cows 136.90-180.09 156.72 279.00
Bulls under 1600 lbs 198.00-198.00 198.00 255.00
Bulls over 1600 lbs 188.50-247.92 223.78 265.00
Veal 600 lbs and over 337.31-398.27 375.07 409.00
Replacement steers 600-699 399.57-513.97 464.89 530.00
Replacement steers 500-599 425.52-544.14 485.60 590.00
Replacement steers 400-499 438.40-657.16 547.50 707.50
Replacement heifers 600-699 418.54-484.15 457.21 502.00
Replacement heifers 500-599 382.32-504.53 452.02 560.00
Replacement heifers 400-499 363.18-527.64 446.50 580.00

View Individual Auction Market Reports

The Quebec Electronic Market

The Quebec Electronic Market

The Quebec Electronic Market is unavailable at 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 $475.00-485.00/cwt delivered, $10.00-15.00/cwt lower than the previous week. Cattle that traded were being scheduled for the second half of December to early January delivery. With lower prices some producers will carry cattle into next week. There have been a few reports some November contract cattle are still standing in the pen.

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Steers Live N/T Flat Rail 475.00-485.00
Heifers Live N/T Flat Rail 475.00-485.00

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

U.S. cash cattle trade

The U.S. cash cattle trade saw no new trade to report following the Thanksgiving holiday. For the most part business has wrapped up for this week. Live sales in the North were at $207.00-210.00/cwt while sales in the South were at $215.00/cwt, $7.00-10.00/cwt lower than last week.  Dressed sales in Iowa and Nebraska were at mostly $330.00/cwt, $10-15/cwt lower. Over the past couple of weeks beef production in the US has been running 3-7% below last year. For November beef production is expected to be the smallest since 2015.   Moving past Thanksgiving beef featuring and holiday buying interest from retails and the food service sector should support the beef complex. 

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

Chicago Mercantile Exchange

The Chicago Mercantile Exchange midsession trade on Friday, Nov 28 saw:

Live Cattle futures for:

Date $/cwt US  
Dec 215.72 +4.70
Feb 217.87 +4.95
Apr 219.17 +4.92
Jun 214.05 +5.10
Aug 210.80 +5.10
Oct 209.72 +5.27

Feeder Cattle futures for:

Date $/cwt US  
Jan 323.20 +8.07
Mar 317.00 +7.95

Corn futures for:

Date $/bu US cents
Dec 4.35 +3 1/4
Mar 4.46 1/2 +1 1/4

Soybean futures for:

Date $/bu US cents
Jan 11.35 3/4 +4 1/4
Mar 11.44 3/4 +4

Soft Red Winter Wheat for:

Date $/bu US cents
Dec 5.32 1/4 +3 1/4
Mar 5.38 1/4 -2 1/4

Canadian Dollar futures for:

Date    
Dec 71.66 +0.36
Mar 71.96 +0.36

This concludes the Friday mid-day Cattle Market report.

View Individual Auction Market Reports View Northern Reports