Noon Report

This is the Beef Farmers of Ontario's mid-day market report for Friday, August 16, 2019

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 114.50-151.50 140.17 151.50
Large & Medium Frame Fed Heifers 105.73-139.64 126.90 144.50
Cows 65.29-87.18 74.28 104.00
Bulls (all weights) 94.56-112.19 104.08 120.00
Veal 600 lbs and over 89.02-118.41 101.62 156.00
Veal calves 125 lbs and less 30.00-80.00 58.24 210.00
Replacement Steers 700-799 159.12-205.70 188.47 220.50
Replacement Steers 600-699 129.99-223.93 185.51 237.00
Replacement Steers 500-599 136.78-229.27 186.59 248.00
Replacement Heifers 700-799 136.76-178.46 157.57 199.00
Replacement Heifers 600-699 147.95-193.00 174.53 210.00
Replacement Heifers 500-599 142.72-199.81 178.31 222.00

VIEW INDIVIDUAL AUCTION MARKETS FOR CURRENT PRICES AND TRENDS


The Quebec Electronic Market

The Quebec Electronic Market reported for this week ranged from $232.25-$236.00 dressed, udown $4.32 from last week on average.


Alberta Direct Trade

The Alberta direct trade on Thursday was not updated at time of reporting. Check the link below for further 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 late afternoon in the north yesterday at $170.00-$172.00 dressed, mostly $172.00, down $10.00 cwt from last week while a few live sales in Iowa were from $107.00-$108.00, down $5.00 cwt.  Live trade on Wednesday in the south was $5.00 lower at $105.00 live.  Some clean up trade is possible today with asking prices in the south at $107.00 live and $175.00 dressed in the north.

Agcenter.com reports: TYSON GARDEN CITY PLANT UPDATE- "Tyson's Fresh Meats Division CEO Steve Stouffer met with media at the Garden City plant yesterday to inform the public and suppliers that Tyson is working as quickly as possible to restore major damage to its beef processing facility. He said it will be months rather than weeks before the plants is fully operational. While the structural damage is not a large area, the fire impacted major critical systems, including electrical that will be more difficult to repair. He said it appeared the fire was started by a welding torch. Tyson said the structural work can begin immediately but more time is required for the electrical repairs. Stouffer decline to offer a firm timeline and said Tyson is still getting more information on the damage and repairs.

     
Choice and select steers and heifers: (2/3 choice) live 105.00
  rail 170.00-172.00

On the Chicago Mercantile Exchange midsession trade on Friday August 16th saw:

Live Cattle futures for:

Date $/cwt US  
Aug 100.75 +0.55
Oct 98.97 +0.45
Dec 104.60 +0.32
Feb 110.02 +0.47
Apr 112.40 +0.40
Jun 106.17 +0.52

Feeder Cattle futures for:

Date $/cwt US  
Aug 136.20 +0.42
Sep 133.75 +0.45

Corn futures for:

Date $/bu US cents
Sep 3.66 1/2 +5 3/4
Dec 3.77 +6

Soybeans futures for:

Date $/bu US cents
Sep 8.63 1/4 +5 1/4
Nov 8.76 +5 1/4

Canadian Dollar for:

Date    
Sep 75.22 +0.13
Dec 75.28 +0.11

 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

 

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