This is the Beef Farmers of Ontario's mid-day market report for Friday, July 31, 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 |
128.00-147.00 |
137.28 |
148.50 |
| Large & Medium Frame Fed Heifers |
120.73-142.20 |
130.73 |
145.00 |
| Cows |
64.72-89.52 |
78.67 |
118.00 |
| Bulls (all weights) |
102.00-124.53 |
111.98 |
139.00 |
| Veal 600 lbs and over |
103.55-147.67 |
117.41 |
210.00 |
| Replacement Steers 600-699 |
183.95-237.71 |
212.68 |
250.00 |
| Replacement Steers 500-599 |
193.08-253.10 |
222.66 |
262.00 |
| Replacement Heifers 700-799 |
149.56-185.62 |
172.67 |
190.00 |
| Replacement Heifers 500-599 |
162.78-203.73 |
185.02 |
212.00 |
VIEW INDIVIDUAL AUCTION MARKETS FOR CURRENT PRICES AND TRENDS
The Quebec Electronic Market
The Quebec Electronic Market reported for this week ranged from $240.00-$244.00 dressed, down $0.74 from last week on average.
Alberta Direct Trade
The Alberta direct trade on Thursday was light. Canfax reports: "light trade developed with dressed sales ranging from 225.00-227.00 delivered, sales are steady with the previous week. Some cattle have been pulled off this week's cash list and these cattle will instead be marketed on the grid. Cattle that traded on the cash market would be picked up in in 1-4 weeks. With the long weekend up coming packers are not expected to work this Saturday."
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 saw a light trade in the north at $160.00 dressed yesterday, which is steady to the week's trade and $2.00 stronger than last week. A handful of cattle sold in the south at $97.0-$97.50 live which is steady to the week's trade. A few clean up deals are possible today, especially in the north with asking prices at $162.00 dressed.
| |
|
|
| Choice and select steers and heifers: (2/3 choice) |
live |
97.00-97.50 |
| |
rail |
160.00 |
On the Chicago Mercantile Exchange midsession trade on Friday July 31st saw:
Live Cattle futures for:
| Date |
$/cwt US |
|
| Aug |
102.65 |
+0.90 |
| Oct |
107.67 |
+0.92 |
| Dec |
111.32 |
+0.87 |
| Feb |
114.12 |
+0.62 |
| Apr |
115.40 |
+0.75 |
| Jun |
109.52 |
+0.70 |
Feeder Cattle futures for:
| Date |
$/cwt US |
|
| Aug |
143.75 |
+0.72 |
| Sep |
145.15 |
+0.72 |
Corn futures for:
| Date |
$/bu US |
cents |
| Sep |
3.15 3/4 |
+0.0 |
| Dec |
3.26 1/4 |
- 1/4 |
Soybeans futures for:
| Date |
$/bu US |
cents |
| Aug |
8.98 |
+6 1/4 |
| Sep |
8.91 |
+4 1/4 |
Canadian Dollar for:
| Date |
|
|
| Sep |
74.61 |
+0.20 |
| Dec |
74.66 |
+0.25 |
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