Noon Report

Wednesday,October 7, 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 was 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 291.79-315.79 303.70 349.00
Large & Medium Frame Fed Heifers 287.27-311.93 300.77 362.50
Cows 143.21-204.28 171.67 302.50
Bulls under 1600 lbs 228.96-275.41 250.44 345.00
Bulls over 1600 lbs 222.25-289.60 266.07 304.00
Veal 600 lbs and over 329.12-406.72 372.33 420.00
Veal under 125 lbs 810.14-2003.20 1314.31 2340.43
Replacement steers 900-999 454.09-480.75 468.36 507.50
Replacement steers 500-599 534.09-709.97 642.66 725.00
Replacement heifers 900+ 402.55-425.87 414.69 430.00
Replacement heifers  500-599 475.75-644.32 550.54 677.50

View Individual Auction Market Reports

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 fed processing for the week ending September 26th totaled just over 45,000 head, the largest processing volume since January 2024. This is the third consecutive week that processing volumes have been higher than last year. Processing rates have also increased in Eastern Canada, a clear sign that the packer is making some money.

Scroll / swipe to see full table.

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

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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 and no bids to speak of today. Trade will likely hold off for at least another day. Wholesale beef prices have been impressive however; pressure has been noted on both the 50% and 90% trim market. Historically large fed cattle carcass weights have weighted on the 50% trim market, US 50% trim prices are trading at the lowest point sine December 2024. Cow slaughter rates have seasonally started to tick higher pressuring the 90% trim market. On top of that, overseas beef imports continue to be historically large weighing on prices as well. Since early August 90% trim prices have dropped 14%. 

At the Central Stockyards online auction today there are 2,408 head on offer, in 19 lots with delivery around 1-7 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, Oct 7 saw:

Live Cattle futures for:

Date $/cwt US  
Oct 221.07 -0.15
Dec 223.02 -1.07
Feb 225.97 -1.20
Apr 227.67 -1.02
Jun 222.85 -0.77
Aug 219.60 -0.60

Feeder Cattle futures for:

Date $/cwt US  
Oct 338.17 -2.32
Nov 335.80 -2.47

Corn futures for:

Date $/bu US cents
Dec 5.01 1/2 -6 1/2
Mar 5.16 1/2 -5 3/4

Soybean futures for:

Date $/bu US cents
Nov 12.94 1/2 -8 12
Jan 13.11 1/4 -8

Soft Red Winter Wheat for:

Date $/bu US cents
Dec 6.86 1/4 -18
Mar 7.00 1/2 -17

Canadian Dollar futures for:

Date    
Dec 70.36 -0.25
Mar 70.69 -0.23

This concludes the Wednesday mid-day Cattle Market report.View Individual Auction Market Reports View Northern Reports