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Monday, SEp 9, 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 25 veal on offer.
A run of primarily heavy veal sold steady.
Kawartha Lakes Community Sale Barn Inc.
At Kawartha Lakes Community Sale Barn Inc. on Saturday, there were 200 head of cattle on offer.
Cows sold barely steady.
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| Livestock | Range | Avg | Top Price |
|---|---|---|---|
| Cows | 136.00-179.00 | 149.62 | 200.00 |
| Veal under 125 lbs | 500.00-1000.00 | 681.38 | 1000.00 |
Ontario Auction Sales Weighted Average Prices
Ontario auction sales summary for Friday and Saturday saw weighted average prices for:
Scroll / swipe to see full table.
| Livestock | Range | Avg | Top Price |
|---|---|---|---|
| Replacement steers 1000+ | 259.34-301.26 | 285.55 | 321.00 |
| Replacement steers 900-999 | 308.50-327.00 | 318.07 | 327.00 |
| Replacement steers 800-899 | 312.00-356.00 | 341.75 | 356.00 |
| Replacement heifers 900+ | 260.95-292.69 | 275.90 | 298.50 |
| Replacement heifers 800-899 | 285.77-318.21 | 300.82 | 319.00 |
| Replacement heifers 700-799 | 249.64-326.18 | 288.79 | 328.00 |
U.S. Trade (U.S. funds)
U.S. cash cattle trade
The U.S. cash cattle trade last week saw dressed sales in Iowa and Nebraska from $286.00-288.00/cwt, traded $4.00/cwt lower than last week. While live sales were reported at $181.00/cwt, $3.00/cwt lower. In the South live sales were reported from $180.00-$181.00/cwt, traded $2.00-$3.00/cwt lower than the previous week. For the holiday short week US beef production was estimated at 461 million pounds, the smallest since 2016.
| Choice and select steers and heifers (2/3 choice): | live | 180.00-181.00 |
| rail | 286.00-288.00 |
Chicago Mercantile Exchange
The Chicago Mercantile Exchange midsession trade on Monday, Sep 9 saw:
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Oct | 174.25 | -0.92 |
| Dec | 174.00 | -0.70 |
| Feb | 174.82 | -0.57 |
| Apr | 176.00 | -0.52 |
| Jun | 170.92 | -0.67 |
| Aug | 168.85 | -0.82 |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Sep | 233.52 | -0.77 |
| Oct | 230.42 | -0.52 |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| Dec | 4.06 3/4 | +1/2 |
| Mar | 4.25 | +1/2 |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| Nov | 10.19 1/4 | +14 1/4 |
| Jan | 10.37 | +14 1/2 |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| Dec | 5.65 1/2 | -1 1/2 |
| Mar | 5.84 3/4 | -1 3/4 |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Sep | 73.74 | -0.01 |
| Dec | 73.91 | -0.03 |
Fed Cattle Exported from Ontario To The U.S.
| Livestock | Week Ending Aug 24, 2024 | Week Ending Apr 17, 2024 | YTD 2024 |
|---|---|---|---|
| Grand total | 3,251 | 3,252 | 117,266 |
| Fed cattle & cows | 3,157 | 3,122 | 113,610 |
| Bulls | 94 | 130 | 3,656 |
Federally Inspected Canadian Processing Volumes
| Livestock | Week Ending Aug 31, 2024 | YTD | % Change From Yr Ago |
|---|---|---|---|
| Grand total | 59,475 | 1,994,877 | -4.5% |
| Western slaughter | 47,339 | 1,629,168 | -1.9% |
| Eastern slaughter | 12,136 | 365,709 | -14.7% |
Scroll / swipe to see full table.
USDA Estimated Cattle Kill
| Livestock | Week Ending Sep 7, 2024 | Week Ending Aug 31, 2024 | Year Ago |
|---|---|---|---|
| Grand total | 542,000 | 611,000 | 559,000 |
This concludes the Monday mid-day Cattle Market report.View Individual Auction Market Reports View Northern Reports