Noon Report

Thursday, June 25, 2026

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 200 fed cattle, 275 cows, and  500 stockers on offer.

Fed cows are selling on a good demand at steady prices with good cows from 217.00-255.00 with a top of 290.00.

Ontario Auction Sales Weighted Average Prices

Ontario auction sales on Wednesday saw weighted average prices for:

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Livestock Range Avg Top Price
Large & medium frame fed steers 300.66-351.99 329.16 352.49
Large & medium frame fed heifers 300.52-336.20 323.63 352.00
Cows 171.04-276.33 220.01 354.00
Bulls under 1600 lbs 248.80-286.40 265.76 300.00
Bulls over 1600 lbs 237.87-308.93 285.75 312.00
Veal under 125 lbs 1350.00-2700.00 1949.55 2870.00
Replacement steers 1000+ 432.68-481.65 448.90 482.50
Replacement steers 900-999 473.03-502.88 483.50 505.00

View Individual Auction Market Reports

Alberta Direct Trade

Alberta Direct Trade

The Alberta direct trade on Wednesday saw light trade develop with dressed sales at $595.00/cwt delivered, $3.00-5.00/cwt higher than the previous week. Competition on the cash market is not as strong as it was last week. Alberta fed prices are trading at a premium over the Eastern Canadian market. Fed cattle from Manitoba/Saskatchewan are coming west into Alberta for processing. Canfax released its monthly Trends report the other day. Yearling steers and heifers placed in October/November and sold on the cash market in June on average feedlot margins were $275.00/head positive. For cattle sold on the cash market, feedlots have been profitable for the past eighteen months. Over the past 30 years this is the second longest profitability streak. The only other years that were longer was back on 2014/2015.

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Steers Live N/T Flat Rail 595.00
Heifers Live N/T Flat Rail 595.00

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

U.S. cash cattle trade

The U.S. cash cattle trade saw light trade reported in Nebraska yesterday with dressed sales at $408.00/cwt, steady with prices seen earlier in the week and steady with last week. Workers at the Fort Morgan beef plant remain on strike and it sounds like very little headway is being made between the union and Cargill. Looking at the feeder market, the US feeder index has rallied $10/cwt, over the past week and are trading very close to record highs.  .

     
Choice and select steers and heifers (2/3 choice): live N/T
  rail 408.00

Chicago Mercantile Exchange

The Chicago Mercantile Exchange midsession trade on Thursday, June 25 saw:

Live Cattle futures for:

Date $/cwt US  
Jun 256.65 +0.65
Aug 246.85 +0.33
Oct 240.35 -0.03
Dec 239.75 -0.10
Feb 240.40 -0.08
Apr 240.70 -0.15

Feeder Cattle futures for:

Date $/cwt US  
Aug 373.70 +0.78
Sep 371.43 +0.80

Corn futures for:

Date $/bu US cents
Jul 4.09 3/4 +2 3/4
Sep 4.19 +3 1/4

Soybean futures for:

Date $/bu US cents
Jul 11.20 1/2 +11 3/4
Aug 11.29 1/2 +12 3/4

Soft Red Winter Wheat for:

Date $/bu US cents
Jul 5.88 1/2 +2 3/4
Sep 5.98 3/4 +2 3/4

Canadian Dollar futures for:

Date    
Sep 70.72 +0.15
Dec 70.99 +0.19

This concludes the Thursday mid-day Cattle Market report.

View Individual Auction Market Reports View Northern Reports