Noon Report

This is the Beef Farmers of Ontario's mid-day market report for Thursday, December 12, 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.

Today at Ontario Livestock Exchange (OLEX) there are 250 fed cattle, 600 cows, 375 stockers, and 10 veal on offer.

Cows are selling steady with good cows from 50.00-60.00 sales to 99.00.


Today at Brussels Livestock there are 135 veal on offer.

Beef veal calves and the right weight Holstein veal calves are selling strong, with all others trading steady.


Ontario auction sales on Wednesday saw weighted average prices for:

Livestock Range Avg Top Price
Large & Medium Frame Fed Steers 125.24-136.17 132.09 139.00
Large & Medium Frame Fed Heifers 106.89-136.68 128.06 142.00
Cows 41.52-65.88 53.00 98.49
Bulls all weights 73.78-92.62 81.52 103.00
Veal 600 lbs and over 87.38-160.50 119.33 138.50
Veal 125 lbs and less 70.00-275.00 125.45 350.00
Replacement steers 1000+ 160.13-192.43 171.91 193.00
Replacement steers 900-999 164.68-197.81 180.27 199.00
Replacement heifers 900+ 121.80-155.17 147.52 157.00
Replacement heifers 500-599 102.86-180.80 148.89 197.50

VIEW INDIVIDUAL AUCTION MARKETS FOR CURRENT PRICES AND TRENDS


Alberta Direct Trade

The Alberta direct cattle trade on Wednesday ________________________________.

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 quiet yesterday as bids of $118.00 live in the south were passed.  This morning, bids are resurfacing in the south at $118.00 live but sellers are not expected to sell at this price.  Asking prices are sitting at $121.00-$122.00 live in the south and $190.00-$192.00 dressed. Packer interest should start to improve as the day progresses.

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

On the Chicago Mercantile Exchange midsession trade for Thursday December 12th saw:

Live Cattle futures for:

Date $/cwt US  
Dec 120.02 -0.55
Feb 124.72 -0.60
Apr 125.77 -0.10
Jun 117.40 -0.52
Oct 114.82 -0.60
Aug 116.25 -0.52

Feeder Cattle futures for:

Date $/cwt US  
Jan 142.12 -0.65
Mar 142.97 -0.70

Corn futures for:

Date $/bu US cents
Dec 3.64 1/4 +6 1/2
Mar 3.77 1/2 +6 1/4

Soybean futures for:

Date $/bu US cents
Jan 8.98 1/2 +5
Mar 9.12 3/4 +4 3/4

Canadian Dollar futures for:

Date    
Dec 75.82 -0.12
Mar 75.87 -0.12

This concludes the Thursday 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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