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Wednesday,September 23, 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 Stockyards Inc.
*Market report is unavailable at the time of reporting*
Ontario Auction Sales Weighted Average Prices
Ontario auction sales on Tuesday saw weighted average prices for:
Scroll / swipe to see full table.
| Livestock | Range | Avg | Top Price |
|---|---|---|---|
| Large & Medium Frame Fed Steers | 280.00-304.91 | 292.53 | 331.00 |
| Large & Medium Frame Fed Heifers | 287.15-309.19 | 300.34 | 370.00 |
| Cows | 156.23-213.77 | 180.99 | 351.00 |
| Bulls under 1600 lbs | 228.30-262.80 | 245.49 | 575.00 |
| Bulls over 1600 lbs | 254.28-297.41 | 278.53 | 310.00 |
| Veal 600 lbs and over | 344.26-414.46 | 382.21 | 425.00 |
| Veal under 125 lbs | 805.08-1805.56 | 1252.62 | 1946.90 |
| Replacement steers 900-999 | 466.00-495.00 | 486.60 | 504.00 |
| Replacement steers 800-899 | 501.88-517.84 | 509.64 | 523.00 |
| Replacement heifers 800-899 | 435.70-471.26 | 452.96 | 492.49 |
| Replacement heifers 700-799 | 432.76-489.73 | 457.91 | 565.00 |
Alberta Direct Trade
Alberta Direct Trade
The Alberta direct trade on Tuesday saw no new trade to report but there is a good chance scattered trade will develop by this afternoon. Western Canadian steer carcass weights have steadily increased over the past couple of months. Averaging over 980lbs, carcass weights are within 2lbs of their annual highs set back in January. Statistics Canada released its field crop estimates report last week. Nationally barley production is forecasted to be down 0.1% at 9.7 million tonnes in 2026. Yields are estimated to be down 8.2% to 72.9 bushels per acre. Lower yields were offset by increased acres.
Scroll / swipe to see full table.
| Steers | Live | N/T | Flat Rail | N/T |
| Heifers | Live | N/T | Flat Rail | N/T |
U.S. Trade (U.S. funds)
U.S. cash cattle trade
In the US, other than a few cattle trading in Iowa at steady money business has been quiet in all other feeding areas. Over the past couple of months packer margins have been positive. With increased slaughter rates, knowing September is traditionally a weaker beef demand period and pressure on the pork cutout. Considering those factors wholesale beef prices have held up well. Mother nature continues to hinder herd expansion efforts. Currently around 60% of the nations cattle herd is facings drought conditions. Not only have grain prices risen but hay and forage prices have also increased.
At the Central Stockyards online auction today there are 1,696 head on offer, in 13 lots with delivery around 1-5 days. The auction gets underway at 11:00 am sharp and can be viewed by clicking here (you have to register on the website to view).
| 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 Wednesday, Sep 23 saw:
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Oct | 220.85 | +2.07 |
| Dec | 222.27 | +2.82 |
| Feb | 223.37 | +2.82 |
| Apr | 224.30 | +2.60 |
| Jun | 218.85 | +2.40 |
| Aug | 215.25 | +2.07 |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Sep | 337.25 | -0.02 |
| Oct | 332.72 | +4.70 |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| Dec | 5.29 | -7 3/4 |
| Mar | 5.43 1/2 | -7 1/2 |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| Nov | 13.15 | -10 1/2 |
| Jan | 13.31 1/4 | -10 |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| Dec | 7.07 3/4 | -9 1/2 |
| Mar | 7.23 3/4 | -9 1/2 |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Dec | 71.22 | -0.15 |
| Mar | 71.54 | -0.14 |
This concludes the Wednesday mid-day Cattle Market report.View Individual Auction Market Reports View Northern Reports