Red Deer

ONT Farm Market News PM Livestock Summary for June 17 Here is the Country Auction Report as collected by the Beef Farmers of Ontario Friday. * REPLACEMENT CATTLE: There were 1,200 head on offer at Brussels. Calves sold actively at stronger prices. Yearlings sold steady to last week's high market. Large & Medium Steers over 900 lbs:$185.79 - $199.93 Large & Medium Steers 700-800 lbs:$192.50 - $225.00 Large & Medium Steers 500-600 lbs:$185.00 - $273.00 Large & Medium Heifers over 800 lbs:$161.12 - $181.38 Large & Medium Heifers 600-700 lbs:$184.00 - $232.50 Large & Medium Heifers 500-600 lbs:$189.00 - $231.00 *From Ontario Pork: *Quebec's average price on Thursday was $223.78 per ckg D.W. 100 index. *The previous markets day's CME Constructed (201) price was $108.93 U.S. per cwt. D.W. *Compared to the previous day this was up $0.35 *Average weekly price /ckg DW total value $264 *Total volume of Ont. hogs sold was 92430 * From the Beef Farmers of Ontario, the weekly beef commentary: Comments for the week ending June 16, 2022: Auction markets saw 517 fed steers and heifers come to the market this week, up 198 head from last week but 106 fewer than last year at this time. Fed steers sold from $184.31-$196.49, averaging $190.88, down $0.29 cwt from last week and $32.09 stronger than year ago prices. Fed heifers sold from $182.35-$194.35, averaging $188.52, down $0.07 from the previous week and $30.27 stronger than this time last year. Auction markets reported trade as active with prices steady to barely steady to last weeks good trade. One auction market reported prices as $2.00- $3.00 higher mid-week. The Ontario railgrade market was steady to last week with prices at $320.00 dressed for steers and $319.00 dressed for heifers, prices were even with last weeks average. Cattle sold in the market this week are being delivered the week of July 4th, 2022. This weeks average price for steers is up $50.00 from this time last year, and the average price for heifers is up $49.50 from last year. 1,586 fed/cull cows sold through auction markets this week down 574 head from last week and 267 less than this time last year. Cows ranged from $90.21-$126.85 with a weekly weighted average price of $107.77 up $3.19 from the previous week and $22.61 stronger than year ago prices. Auction markets reported good demand with prices steady to stronger with one auction market reporting prices $2.00-$3.00 higher. Dairy cows traded up to $5.00 higher and beef cows traded up to $10.00 higher as reported at the beginning of the week. Beef cow volumes were 385 with an average price of $113.88., $3.04 cwt higher than last weeks average. Lighter receipts of 1,847 stocker and feeder cattle sold through auction markets this week down 2,748 from last week and 2,086 less than the same time last year. Year to date volumes sold through auction markets are down from 2021 and 2020 at this time. Auction markets reported calves and yearlings on a strong active trade at steady prices early on in the week. Actual prices for most weights were lower than the previous week. Actual average prices this week saw steers 400-500 lbs down $29.52 from last week, 500-600 lbs down $22.54, 600-700 lbs down $29.20, 700-800 lbs down $19.53, 800-900 lbs down $16.96, and steers 900 lbs and over averaged $6.20 lower than last week on average. Heifers from 300-400 lbs were up $9.12, 400-500 lbs up $11.70, 500-600 lbs down $12.70, 600-700 lbs down $15.58, 700-800 lbs down $17.67 and heifers 800 lbs and over averaged $11.50 lower than last weeks weighted average prices. The Quebec electronic market this week ranged from $312.75-$313.75 dressed cwt on a picked-up basis, down $1.43 from last week on average. Alberta direct trade for this past week saw lighter volumes. There was no live trade to report and rail was reported from $292.00-$294.00 delivered. This week U.S trade was quiet on Tuesday with asking prices from $138.00-$140.00 live and $230.00 dressed. Later in the day Tuesday and mid-week trade was reported with prices from $136.00-$139.00 live, up $2.00 from last week. Dressed trade was reported from $223.00-$230.00 with most trade at the higher end. Prices were reported as higher than last week. Amber McIntyre for Jamie Gamble - Beef Farmers of Ontarios market information report.