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Friday, Jan 10, 2025
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 | 245.00-273.50 | 258.91 | 295.00 |
| Large & medium frame fed heifers | 225.44-278.45 | 256.52 | 302.00 |
| Cows | 129.40-168.92 | 147.53 | 239.00 |
| Bulls over 1600 lbs | 185.71-229.14 | 209.49 | 252.00 |
| Veal 600 lbs and over | 241.00-286.00 | 265.32 | 313.00 |
| Replacement steers 600-699 | 369.84-471.35 | 431.06 | 477.50 |
| Replacement steers 500-599 | 398.43-524.86 | 461.88 | 550.00 |
| Replacement steers 400-499 | 402.94-529.12 | 479.69 | 560.00 |
| Replacement heifers 600-699 | 344.64-412.21 | 380.76 | 435.00 |
| Replacement heifers 500-599 | 309.63-420.60 | 358.01 | 446.00 |
| Replacement heifers 400-499 | 333.22-443.18 | 392.80 | 467.50 |
The Quebec Electronic Market
The Quebec Electronic Market
The Quebec Electronic Market reported for this week reported at $447.00/cwt dressed
Alberta Direct Trade
Alberta Direct Trade
The Alberta direct trade so far this week has seen light trade develop with dressed sales ranging from $435.00-$438.00/cwt delivered, $5.00-$6.00/cwt higher than the previous week. Cattle that traded were being scheduled for late January delivery. US packer interest was supportive and light volumes of Western Canadian fed cattle traded South, sales to the US were at a premium over local deals.
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| Steers | Live | N/T | Flat Rail | 435.00-438.00 |
| Heifers | Live | N/T | Flat Rail | 435.00-438.00 |
U.S. Trade (U.S. funds)
U.S. cash cattle trade
The U.S. cash cattle trade saw around 10,000 head of cattle traded between Iowa and Nebraska yesterday with dressed reported at $320.00/cwt, $5.00/cwt higher than last week. Live sales in the Northern feeding states were reported at $203.00/cwt. While live sales in the South were reported at $200.00/cwt, $3.00-$4.00/cwt higher than the previous week. Over the past month fed prices have rallied $10.00/cwt, establishing new record highs this week. As fed cattle prices rally so does the cost for bunk replacements.
| Choice and select steers and heifers (2/3 choice): | live | 200.00-203.00 |
| rail | 320.00-320.00 |
Chicago Mercantile Exchange
The Chicago Mercantile Exchange midsession trade on Friday, Jan 10 saw:
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Feb | 198.17 | +0.57 |
| Apr | 198.40 | +0.12 |
| Jun | 192.62 | -0.10 |
| Aug | 190.00 | -0.12 |
| Oct | 191.45 | -0.20 |
| Dec | 192.45 | -0.05 |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Jan | 271.87 | +2.65 |
| Mar | 269.07 | +0.77 |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| Mar | 4.57 1/2 | +1 1/2 |
| May | 4.65 1/4 | + 3/4 |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| Jan | 9.96 3/4 | +4 1/2 |
| Mar | 10.02 3/4 | +3 3/4 |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| Mar | 5.28 3/4 | -5 1/4 |
| May | 5.40 1/4 | -5 3/4 |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Mar | 69.46 | -0.19 |
| Jun | 69.67 | -0.24 |
This concludes the Friday mid-day Cattle Market report.
View Individual Auction Market Reports View Northern Reports