Mid-session Market Report   (updated daily by 12:00 noon)

Wednesday May 23, 2012
   
  Ontario Stockyards Inc.  260 fed steers & heifers, 220 cows, 15 bulls and 6 veal calves on offer.  Cows and bulls are selling on a good demand at steady to stronger prices. Fed steers and heifers are selling actively at prices $2.00-$3.00 higher. Veal sold barely steady. 800 stockers are expected for Thursday's sale.
 
  Range Top Price
Top Quality Fed Steers   116.00-121.00 125.00
Good Quality Fed Steers 111.00-115.00  
Top Quality Fed Heifers 116.00-121.00  
Good Quality Fed Heifers 111.00-115.00  
Aged & Medium Fed steers & heifers 105.00-115.00  
Good Cows 77.00-99.00 94.00
Export Cows 73.00-83.00  
Bulls 92.00-102.00 109.50
Dairy Cattle 93.00-98.00  
Export Dairy Cattle N/T  
Veal Calves 80.00-97.50 120.00
   
   
  To view individual auction markets for current prices and trends CLICK HERE!
   
Ontario auction sales  summary for Tuesday is as follows:
 
  Range Avg Top Price
Large & Medium Frame Steers 105.28-120.45 115.22 133.00
Large & Medium Frame Heifers 101.50-119.00 113.90 125.00
Cows  63.60-93.29 80.01 111.00
Bulls all weights 86.76-104.44 96.58 112.00
Veal 600+ 81.97-95.56 87.68 119.50
Veal 125- 112.18-198.06 173.96 240.00
Replacement steers 800-899 136.11-154.89 150.67 156.75
Replacement steers 700-799 150.14-166.48 159.26 171.50
Replacement steers 500-599 137.25-192.31 175.53 200.00
Replacement heifers 700-799 127.47-148.83 140.55 150.50
Replacement heifers 600-699 135.36-164.82 155.52 171.00
Replacement heifers 500-599 127.32-161.17 150.66 165.00
   
Alberta Direct Trade LINK
Alberta direct trade on Tuesday was untested with business expected to surface this afternoon. This week's offering is smaller in volume with steady prices anticipated.
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 is quiet this morning with little business expected before Thursday at the earliest. Pressure from outside markets have pushed live cattle futures sharply lower this morning as well as feeder cattle. Most commodities are feeling the effect of outside markets with sharply lower trade as investors limit risk exposure across a broad range of commodities.
 

 

Choice and select steers and heifers: (2/3 choice) live N/T
  rail N/T
   
Chicago Mercantile Exchange:  
Mid-session quotes on futures today were as follows:- 
Live Cattle Feeder Cattle Corn Soybeans Canadian $ 
$/cwt US $/cwt US $/bu US cents $/bu US cents    
Jun 117.45 -1.90 May 152.35 -0.17 Jul 6.016 +4.6 Jul 13.644 -17.6 Jun 97.31 -0.64
Aug 119.52 -1.75 Aug 158.67 -1.45 Sep 5.250 +2.0 Aug 13.452 -19.4 Sep 97.11 -0.64
   
- Ontario Auction Sales
To view individual sale results or summary reports from Ontario auction markets CLICK HERE!
To view individual sale results from the Northern Cattle Sales Network CLICK HERE!
   
 


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Phone: (519) 824-0334 Fax: (519) 824-9101     Office Hours: Monday-Friday 8:30am-4:30pm
email: leaanne@cattle.guelph.on.ca

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