This is the Beef Farmers of Ontario's mid-day market report for Friday, October 22, 2020
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 on Thursday saw weighted average prices for:
|
Livestock
|
Range |
Avg |
Top Price |
| Large & Medium Frame Fed Steers |
123.50-145.00 |
135.86 |
145.00 |
| Large & Medium Frame Fed Heifers |
109.27-137.37 |
128.71 |
138.50 |
| Cows |
54.21-69.30 |
61.06 |
106.00 |
| Bulls (all weights) |
83.26-102.59 |
92.57 |
119.00 |
| Veal 600 lbs and over |
108.08-129.11 |
119.93 |
159.00 |
| Replacement Steers 600-699 |
149.10-193.25 |
172.25 |
206.00 |
| Replacement Steers 500-599 |
172.83-219.33 |
200.63 |
234.00 |
| Replacement Steers 400-499 |
160.15-222.18 |
198.09 |
258.00 |
| Replacement Heifers 600-699 |
133.56-177.03 |
155.40 |
177.50 |
| Replacement Heifers 500-599 |
181.53-200.35 |
191.28 |
216.55 |
| Replacement Heifers 400-499 |
147.75-180.25 |
165.50 |
194.00 |
VIEW INDIVIDUAL AUCTION MARKETS FOR CURRENT PRICES AND TRENDS
The Quebec Electronic Market
The Quebec Electronic Market reported for this week sold at $230.00 dressed, down $4.88 from last week on average.
Alberta Direct Trade
The Alberta direct trade was reported by Canfax: "so far this week has seen light trade develop with dressed sales ranging from 225.00-227.00 delivered, 3.00 lower than the previous week. Competition on the cash market has been limited with one packer buying most of the cattle this week. Lift times were being reported anywhere from 2-6 weeks. Cash to futures basis levels did strengthen this week."
GO TO SITE
| |
|
|
|
|
| Steers |
Live |
N/T |
Flat Rail |
N/T |
| Heifers |
Live |
N/T |
Flat Rail |
N/T |
U.S. Trade (U.S. funds)
The U.S. cash cattle trade was at a standstill yesterday with no bids or trade reported. Business this week was spread from Monday to Wednesday with live sales in the south from $103.00-$106.50, mostly $105.00-$106.00 down $2.00-$3.00 from last week. Trade in the north ranged from $163.00-$166.00 dressed, mostly $165.00-$166.00 down $2.50-$3.50 from last week on average. A few clean up deals could surface today but it appears the bulk of trade for the week has been completed.
| |
|
|
| Choice and select steers and heifers: (2/3 choice) |
live |
103.00-106.50 |
| |
rail |
163.00-166.00 |
On the Chicago Mercantile Exchange midsession trade on Friday October 23rd saw:
Live Cattle futures for:
| Date |
$/cwt US |
|
| Oct |
103.67 |
+0.35 |
| Dec |
103.70 |
+0.22 |
| Feb |
106.77 |
+0.00 |
| Apr |
109.65 |
-0.22 |
| Jun |
104.00 |
-0.25 |
| Aug |
103.35 |
-0.20 |
Feeder Cattle futures for:
| Date |
$/cwt US |
|
| Oct |
134.02 |
+0.20 |
| Nov |
129.80 |
-0.62 |
Corn futures for:
| Date |
$/bu US |
cents |
| Dec |
4.17 3/4 |
+1 1/2 |
| Mar |
4.19 3/4 |
+1 1/2 |
Soybeans futures for:
| Date |
$/bu US |
cents |
| Nov |
10.70 1/4 |
-3 1/2 |
| Jan |
10.69 1/4 |
-3 |
Canadian Dollar for:
| Date |
|
|
| Dec |
76.09 |
-0.00 |
| Mar |
76.08 |
-0.04 |
This concludes the Friday mid-day Cattle Market Report
Ontario Auction Sales
VIEW INDIVIDUAL SALE RESULTS OR SUMMARY REPORTS FROM ONTARIO AUCTION MARKETS
VIEW INDIVIDUAL SALE RESULTS FROM THE NORTHERN CATTLE SALES NETWORK