Noon Report

This is the Beef Farmers of Ontario's mid-day market report for Thursday, September 23, 2021

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.

Today at Ontario Livestock Exchange (OLEX) there are 100 fed cattle, 550 cows, 275 stockers, and 15 veal on offer.

A larger run of fed cows are selling at barely steady prices, with good cows from 73.00-98.00 top 126.50.


Ontario auction sales on Wednesday saw weighted average prices for:

Livestock Range Avg Top Price
Large & Medium Frame Fed Steers 146.00-170.00 160.00 170.00
Large & Medium Frame Fed Heifers 158.00-166.50 161.74 173.00
Cows 64.68-91.45 76.73 130.00
Bulls all weights 96.23-123.29 109.12 125.00
Veal 600 lbs and over 80.00-128.00 107.55 140.00
Veal 125 lbs and less 57.00-340.00 128.87 410.00
Replacement steers 1000+ 176.00-198.00 189.26 198.00
Replacement steers 900-999 190.00-208.50 1989.30 208.50

VIEW INDIVIDUAL AUCTION MARKETS FOR CURRENT PRICES AND TRENDS


Alberta Direct Trade

The Alberta direct cattle trade on Wednesday was not updated at time of reporting. Check the link below for updates.

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 light to moderate in all feeding states yesterday.   Sales in the south were steady from $123.00-$124.25 live, mainly $124.00.  In the north trade was $1.00 easier with dressed trade marked from $193.00-$198.00, mainly at $198.00, while a few live sales from $123.00-$125.00 were noted.  This morning, the market is quiet however some light trade could continue. Asking prices are sitting at $125.00 live in the south and $200.00 dressed in the north.

     
Choice and select steers and heifers: (2/3 choice) live 123.00-125.00
  rail 193.00-198.00

On the Chicago Mercantile Exchange midsession trade for Thursday September 23rd saw:

Live Cattle futures for:

Date $/cwt US  
Oct 123.35 +0.07
Dec 128.67 +0.12
Feb 132.85 +0.25
Apr 136.72 +0.37
Jun 131.57 +0.30
Aug 130.17 +0.42

Feeder Cattle futures for:

Date $/cwt US  
Sep 154.95 +0.15
Oct 158.00 +0.32

Corn futures for:

Date $/bu US cents
Dec 5.27 +1 1/2
Mar 5.34 1/4 +1 1/4

Soybean futures for:

Date $/bu US cents
Nov 12.52 - 3/4
Jan 12.91 3/4 +0

Canadian Dollar futures for:

Date    
Dec 78.97 +0.72
Mar 79.03 +0.77

This concludes the Thursday 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

 

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