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 ________________________________.
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| |
|
|
|
|
| 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