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Friday, JUly 26, 2024
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 | 236.00-260.75 | 248.92 | 263.50 |
| Large & medium frame fed heifers | 236.00-249.75 | 244.61 | 249.75 |
| Cows | 137.88-218.54 | 207.92 | 237.00 |
| Bulls under 1600 lbs | 171.40-210.60 | 193.00 | 240.00 |
| Bulls over 1600 lbs | 196.85-218.54 | 207.92 | 237.00 |
| Veal 600 lbs and over | 213.49-246.95 | 227.01 | 286.00 |
| Replacement steers 800-899 | 315.38-376.18 | 361.77 | 380.50 |
| Replacement steers 700-799 | 313.59-396.44 | 338.11 | 445.00 |
| Replacement steers 600-699 | 323.20-422.40 | 369.04 | 470.00 |
| Replacement heifers 700-799 | 282.14-342.29 | 317.43 | 390.00 |
| Replacement heifers 600-699 | 323.85-387.23 | 352.51 | 410.00 |
| Replacement heifers 500-599 | 346.63-433.12 | 404.05 | 448.50 |
The Quebec Electronic Market
The Quebec Electronic Market
The Quebec Electronic Market reported for this week ranged from $414.25-$415.75 dressed.
Alberta Direct Trade
Alberta Direct Trade
The Alberta direct trade on Thursday saw light trade develop with dressed sales reported at 428.00/cwt delivered, steady with last week. Cattle that traded this week were scheduled for the second half of August delivery. Fed cattle shipments to the US have increased while western Canadian slaughter rates have also started to increase.
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| Steers | Live | N/T | Flat Rail | 428.00 del |
| Heifers | Live | N/T | Flat Rail | 428.00 del |
U.S. Trade (U.S. funds)
U.S. cash cattle trade
The U.S. cash cattle trade saw light trade develop yesterday in the South with live sales at mostly $190.00/cwt, $2.00/cwt higher than last week. Today, asking prices of $192.00/cwt live in the South and $312.00/cwt dressed in the North have been noted. Buying interest should improve as the day progresses.
| Choice and select steers and heifers (2/3 choice): | live | 190.00 |
| rail | N/T |
Chicago Mercantile Exchange
The Chicago Mercantile Exchange midsession trade on Friday, July 26 saw:
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Aug | 188.50 | -0.40 |
| Oct | 188.15 | -0.45 |
| Dec | 188.70 | -0.20 |
| Feb | 189.45 | -0.22 |
| Apr | 190.60 | -0.32 |
| Jun | 183.90 | -0.17 |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Aug | 259.40 | +0.77 |
| Sep | 258.82 | +0.92 |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| Sep | 3.98 1/2 | -7 1/2 |
| Dec | 4.13 1/2 | -7 1/4 |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| Aug | 10.94 1/4 | -21 3/4 |
| Sep | 10.51 1/4 | -23 1/4 |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| Sep | 5.32 3/4 | -5 |
| Dec | 5.57 1/4 | -5 1/4 |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Sep | 72.32 | -0.13 |
| Dec | 72.50 | -0.13 |
This concludes the Friday mid-day Cattle Market report.
View Individual Auction Market Reports View Northern Reports