This is the Beef Farmers of Ontario's mid-day market report for Tuesday, September 27, 2022
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, there are 425 veal and 175 cows on offer.
Veal is currently selling on a slightly stronger trade.
Today at Brussels Livestock there are 100 fed steers and heifers and 275 cows on offer.
Fed steers and heifers are selling steady.
| Livestock |
Range |
Top |
| Choice fed steers & heifers |
177.00-187.00 |
|
| Second cut fed steer & heifers |
168.00-176.00 |
|
| Aged & medium fed cattle |
135.00-165.00 |
|
| Holstein steers & heifers |
104.00-147.00 |
|
| Bulls |
119.00-152.00 |
|
VIEW INDIVIDUAL AUCTION MARKETS FOR CURRENT PRICES AND TRENDS
Ontario auction sales on Monday saw weighted average prices for:
| Livestock |
Range |
Avg. |
Top Price |
| Cows (all weights) |
78.70-114.99 |
93.54 |
124.50 |
| Bulls under 1600 lbs |
115.88-136.50 |
129.57 |
137.00 |
| Bulls over 1600 lbs |
94.29-142.29 |
124.29 |
147.00 |
| Veal 600 lbs and over |
125.53-188.42 |
161.27 |
207.50 |
| Veal under 125 lbs |
99.08-358.11 |
152.78 |
450.00 |
U.S. Trade (U.S. funds)
U.S. cash cattle trade is at a complete standstill with no bids on the table and asking prices have not been released. Little trade is expected before Wednesday at the earliest as sellers keep a close eye on the board. AgCenter.com notes: "Tumbling markets around the world included commodities and cattle futures joined the rout. Economic concerns will play as a backdrop for each week’s trading for the foreseeable future. Very little has occurred in the current time period to damage the cattle/beef complex prices but certainly a severe recession in the future will be bad for all business. The turmoil in the futures will force trading into late week. Show lists were smaller and asking prices higher."
| |
|
|
| Choice and select steers and heifers: (2/3 choice) |
live |
N/T |
| |
rail |
N/T |
On the Chicago Mercantile Exchange midsession trade on Tuesday September 27th saw:
Live Cattle futures for:
| Date |
$/cwt US |
|
| Oct |
143.82 |
+0.35 |
| Dec |
147.05 |
-0.30 |
| Feb |
151.20 |
-0.25 |
| Apr |
155.00 |
-0.12 |
| Jun |
151.22 |
-0.17 |
| Aug |
150.97 |
-0.32 |
Feeder Cattle futures for:
| Date |
$/cwt US |
|
| Sep |
175.77 |
-1.10 |
| Oct |
176.50 |
-0.57 |
Corn futures for:
| Date |
$/bu US |
cents |
| Dec |
6.72 3/4 |
+6 1/2 |
| Mar |
6.77 1/2 |
+6 3/4 |
Soybean futures for:
| Date |
$/bu US |
cents |
| Nov |
14.26 1/2 |
+15 1/4 |
| Jan |
14.31 |
+14 3/4 |
Soft Red Winter Wheat for:
| Date |
$/bu US |
cents |
| Dec |
8.80 1/2 |
+22 1/2 |
| Mar |
8.94 |
+22 3/4 |
Canadian Dollar futures for:
| Date |
|
|
| Dec |
72.85 |
+0.10 |
| Mar |
72.92 |
+0.07 |
This concludes the Tuesday 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