Noon Report

This is the Beef Farmers of Ontario's mid-day market report for Friday, May 28, 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 153.00-170.00 163.16 175.00
Large & Medium Frame Fed Heifers 102.63-157.33 129.48 164.00
Cows 71.19-89.01 80.65 139.00
Bulls (all weights) 110.23-135.88 122.75 145.00
Veal 600 lbs and over 97.04-124.13 110.70 207.00
Replacement Steers 700 to 799 199.78-231.01 214.80 233.50
Replacement Steers 600 to 699 210.12-248.10 230.72 277.50
Replacement Steers 500 to 599 206.37-265.21 242.06 285.00
Replacement Heifers 700 to 799 168.62-202.70 186.63 205.00
Replacement Heifers 600 to 699 165.38-212.63 191.89 225.00
Replacement Heifers 500 to 599 170.78-216.63 193.55 235.00

VIEW INDIVIDUAL AUCTION MARKETS FOR CURRENT PRICES AND TRENDS


The Quebec Electronic Market

The Quebec Electronic Market reported for this week ranged from $267.50-$268.50 dressed, up $5.96 from last week on average.


Alberta Direct Trade

The Alberta direct trade on Thursday was light with dressed sales at $248.00 cwt delivered.  According to Canfax, sales varied widely with prices from $10.00 lower to $23.00 higher than Wednesday’s prices.

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 has seen light activity over the past three days.  Live trade ranged in price from $110.00-$120.00 while dressed sales ranged from $174.00-$190.00.  Today, the market is off to a slow start with asking prices at $120.00 or higher live, and $190.00 or more dressed.

     
Choice and select steers and heifers: (2/3 choice) live N/T
  rail N/T

On the Chicago Mercantile Exchange midsession trade on Friday May 29th saw:

Live Cattle futures for:

Date $/cwt US  
Jun 100.45 -1.02
Aug 99.45 -1.72
Oct 101.25 -1.55
Dec 104.80 -1.27
Feb 108.70 -1.20
Apr 110.97 -1.20

Feeder Cattle futures for:

Date $/cwt US  
Aug 134.37 -1.12
Sep 135.22 -1.02

Corn futures for:

Date $/bu US cents
Jul 3.24 -3 1/2
Sep 3.28 3/4 -3

Soybeans futures for:

Date $/bu US cents
Jul 8.41 3/4 -5 1/4
Aug 8.45 1/4 -4

Canadian Dollar for:

Date    
Jun 72.43 -0.23
Sep 72.44 -0.22

 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

 

© Copyright 2020 Beef Farmers of Ontario