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