Noon Report

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

View Individual Auction Market Reports

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

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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