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Friday, June 2, 2023
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 | 225.00-244.25 | 239.89 | 264.00 |
| Large & medium frame fed heifers | 219.59-240.04 | 232.34 | 242.00 |
| Cows | 110.67-148.69 | 126.30 | 188.15 |
| Bulls under 1600 lbs | 132.64-178.55 | 161.11 | 200.00 |
| Bulls over 1600 lbs | 160.88-177.65 | 170.23 | 200.00 |
| Veal 600 lbs and over | 158.99-191.48 | 177.32 | 252.00 |
| Replacement steers 700 to 799 lbs | 282.48-339.58 | 317.41 | 356.00 |
| Replacement steers 600 to 699 lbs | 280.49-361.44 | 326.05 | 378.00 |
| Replacement steers 500 to 599 lbs | 295.47-401.57 | 354.22 | 435.00 |
| Replacement heifers 700 to 799 lbs | 227.66-303.30 | 266.97 | 313.00 |
| Replacement heifers 600 to 699 lbs | 242.63-316.24 | 272.86 | 325.00 |
| Replacement heifers 500 to 599 lbs | 219.29-317.70 | 272.55 | 354.50 |
The Quebec Electronic Market
The Quebec Electronic Market
The Quebec Electronic Market reported for this week ranged from $384.50-$389.50 dressed, up $8.62 from last week on average.
Alberta Direct Trade
Alberta Direct Trade
The Alberta direct trade update for Thursday was not available at the time of reporting.
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| 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
The U.S. cash cattle trade saw moderate trade develop yesterday at stronger prices. Dressed sales in the north were priced mostly around $292.00, about $8.00 higher than last week. Live deals in the south were mostly priced around $178.00, up roughly $7.00-$9.00 from last week.
This morning, a few bids have surfaced in Nebraska at $292.00 dressed. Asking prices on the remaining cattle are sitting at $182.00 or higher live in the south, and $295.00 dressed in the north.
| 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, June 2nd saw:
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Jun | 176.27 | +1.37 |
| Aug | 172.97 | +0.60 |
| Oct | 176.05 | +0.17 |
| Dec | 179.10 | +0.05 |
| Feb | 182.60 | -0.07 |
| Apr | 185.32 | -0.37 |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Aug | 241.77 | +0.12 |
| Sep | 245.15 | +0.20 |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| Jul | 5.86 3/4 | -5 3/4 |
| Sep | 5.19 1/4 | -5 |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| Jul | 13.44 3/4 | +15 1/4 |
| Aug | 12.55 1/2 | +11 1/2 |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| Jul | 6.08 | -2 3/4 |
| Sep | 6.21 | -3 1/4 |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Jun | 74.44 | +0.05 |
| Sep | 74.58 | +0.04 |
This concludes the Friday mid-day Cattle Market report.
View Individual Auction Market Reports View Northern Reports