Source: Beef Farmers of Ontario
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 LIVESTOCK EXCHANGE
Today at Ontario Livestock Exchange (OLEX), there are 150 fed cattle, 350 cows, and 275 stockers on offer.
Fed cows are selling on a strong demand at steady prices with good cows from 159-195 with top of 220.
ONTARIO AUCTION SALES WEIGHTED AVERAGE PRICES
Ontario auction sales on Wednesday saw weighted average prices for:
| Livestock | Range | Avg | Top Price |
|---|---|---|---|
| Large & medium frame fed steers | 192.86-241.86 | 228.21 | 244.00 |
| Large & medium frame fed heifers | 216.73-245.80 | 237.90 | 250.00 |
| Cows | 138.86-201.55 | 167.73 | 227.99 |
| Bulls under 1600 lbs | 195.40-216.60 | 205.88 | 229.99 |
| Bulls over 1600 lbs | 169.71-215.14 | 197.72 | 228.00 |
| Veal 600 lbs and over | 213.10-304.89 | 250.27 | 312.50 |
| Veal under 125 lbs | 670.00-1210.00 | 829.62 | 1300.00 |
| Replacement steers 1000+ | 306.38-333.27 | 315.33 | 334.00 |
| Replacement steers 900-999 | 327.63-349.19 | 335.29 | 357.00 |
ALBERTA DIRECT TRADE
ALBERTA DIRECT TRADE
The Alberta direct trade on Wednesday saw light trade develop with dressed sales at $428.00/cwt delivered, steady with last week. Live sales have been reported in the mid $250’s/cwt delivered to the plant, steady with last week. Buying interest has been noted from all three Western Canadian packers.
| Steers | Live | N/T | Flat Rail | N/T |
| Heifers | Live | N/T | Flat Rail | N/T |
U.S. TRADE (U.S. FUNDS)
U.S. CASH CATTLE TRADE
The U.S. cash cattle trade saw around 500 head of cattle traded in Nebraska yesterday with dressed sales at $308.00/cwt, $2.00/cwt lower than the previous week. Today live bids of $188.00/cwt have been noted in the Southern feeding states, bids are steady with last week.
| Choice and select steers and heifers (2/3 choice): | live | N/T |
| rail | 308.00-308.00 |
CHICAGO MERCANTILE EXCHANGE
The Chicago Mercantile Exchange midsession trade on Thursday, July 25 saw:
Live Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Aug | 187.90 | +1.00 |
| Oct | 187.72 | +1.45 |
| Dec | 188.15 | +0.87 |
| Feb | 189.10 | +0.50 |
| Apr | 190.32 | +0.15 |
| Jun | 183.50 | +0.17 |
Feeder Cattle futures for:
| Date | $/cwt US | |
|---|---|---|
| Aug | 258.35 | +1.22 |
| Sep | 257.30 | +0.60 |
Corn futures for:
| Date | $/bu US | cents |
|---|---|---|
| Sep | 4.06 3/4 | +4 |
| Dec | 4.22 3/4 | +4 3/4 |
Soybean futures for:
| Date | $/bu US | cents |
|---|---|---|
| Aug | 11.19 1/4 | +8 1/4 |
| Sep | 10.74 3/4 | +14 1/2 |
Soft Red Winter Wheat for:
| Date | $/bu US | cents |
|---|---|---|
| Sep | 5.38 1/4 | -8 3/4 |
| Dec | 5.62 3/4 | -8 1/4 |
Canadian Dollar futures for:
| Date | ||
|---|---|---|
| Sep | 72.45 | -0.05 |
| Dec | 72.68 | +0.05 |
This concludes the Thursday mid-day Cattle Market report.
