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Wednesday, april 24, 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 Stockyards Inc.
Today at Ontario Stockyards Inc., there are 30fed steers & heifers and 150 cows and bulls on offer.
Cows and bulls are selling on a steady market. 600 stockers are expected for Thursday's sale.
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 | 236.87-253.54 | 246.12 | 268.50 |
| Large & Medium Frame Fed Heifers | 239.58-254.21 | 246.70 | 265.00 |
| Cows | 123.17-167.34 | 144.10 | 219.00 |
| Bulls under 1600 lbs | 156.14-216.09 | 181.09 | 302.49 |
| Bulls over 1600 lbs | 149.64-193.79 | 172.67 | 203.00 |
| Veal 600 lbs and over | 178.70-235.54 | 206.73 | 277.50 |
| Veal under 125 lbs | 473.81-1185.34 | 871.91 | 1340.00 |
| Replacement steers 700-799 | 345.31-408.77 | 384.69 | 413.00 |
| Replacement steers 600-699 | 357.37-438.32 | 411.42 | 443.00 |
| Replacement heifers 600-699 | 261.98-372.02 | 328.03 | 407.50 |
| Replacement heifers 500-599 | 309.42-407.02 | 362.58 | 459.90 |
Alberta Direct Trade
Alberta Direct Trade
The Alberta direct trade on Tuesday was untested however some light trade is possible this afternoon. Canfax reports: "This week we are dealing with a larger cash offering. Many of these are green, speculative calves that could easily stay on feed for another month or longer. With record high prices many producers have indicated they are pulling cattle forward and selling them ahead of schedule. This will have an impact on carcass weights and quality grade percent."
Scroll / swipe to see full table.
| 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 remains untested. No bids are on the table and could stay that way until Thursday. Asking prices in the south are starting to surface at $185.00 cwt plus live while then north has yet to establish a price.
At the Central Stockyards online auction today there were 894 head on offer, in 6 lots. No cattle sold today as top bids of $181.00 live fell below the reserve bids of $184.00.
| 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, April 24th saw:
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Apr | 182.75 | -0.60 |
| Jun | 176.70 | -0.45 |
| Aug | 174.80 | -0.70 |
| Oct | 179.00 | -0.37 |
| Dec | 183.65 | -030 |
| Feb | 187.30 | -0.27 |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Apr | 273.62 | -0.12 |
| May | 245.02 | -1.02 |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| May | 4.42 1/4 | - 3/4 |
| Jul | 4.52 | - 1/2 |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| May | 11.76 | +8 1/2 |
| Jul | 11.90 | +8 |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| May | 5.89 | +4 |
| Jul | 6.07 1/4 | +4 1/2 |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Jun | 72.92 | -0.33 |
| Sep | 73.05 | -0.33 |
This concludes the Wednesday mid-day Cattle Market report.View Individual Auction Market Reports View Northern Reports