ONT Farm Market News PM Livestock Summary for May 27 Here is the Country Auction Report as collected by the Beef Farmers of Ontario Friday. * REPLACEMENT CATTLE: There were 1,550 head on offer at Brussels. Calves sold actively on a fully steady market. Yearlings had not sold at the reporting time. Large & Medium Steers over 900 lbs:$182.06 - $192.39 Large & Medium Steers 700-800 lbs:$190.00 - $224.50 Large & Medium Steers 500-600 lbs:$220.00 - $250.00 Large & Medium Heifers over 800 lbs:$158.01 - $175.41 Large & Medium Heifers 600-700 lbs:$168.00 - $212.00 Large & Medium Heifers 500-600 lbs:$160.00 - $235.00 From the Beef Farmers of Ontario, the Rail Grade Report. Prices are on carcass weight basis, before grade and weight discounts. Steers: $310.00 - $310.00 Heifers: $309.00 - $310.00 *From Ontario Pork: *Quebec's average price on Thursday was $209.74 per ckg D.W. 100 index. *The previous markets day's CME Constructed (201) price was $104.79 U.S. per cwt. D.W. *Compared to the previous day this was up $0.76 *Average weekly price /ckg DW total value $252.34 *Total volume of Ont. hogs sold was 94468 * From the Beef Farmers of Ontario, the weekly beef commentary: Comments for the week ending May 26, 2022: The fed cattle market saw a good, strong week of trade. 425 fed steers and heifers sold through auction markets this week, down 58 head from last week and 261 fewer than the same time last year. Fed steers ranged from $176.96-$191.36, averaging $185.79, up $7.40 from last week on average and $34.14 stronger than year ago prices. Fed heifers traded from $177.45-$190.52, averaging $185.58, up $6.02 from the previous week and $38.65 above year ago prices. Auction markets reported active trading with good buyer demand. Prices were noted as steady to $2.00-$7.00 cwt higher. The Ontario railgrade market was strong this week following the holiday Monday. Tuesday saw steers trading from $305.00-$306.00 dressed cwt and heifers $304.00-$305.00 with immediate delivery. By Wednesday prices had improved to $310.00 dressed for steers and $309.00-$310.00 for heifers with delivery the week of May 30th. This weeks average prices were up $5.00 cwt from last week on average and $51.00 cwt stronger than last year at this time. 1,782 fed/cull cows sold through auction markets this week down 500 head from last week and 319 less than this time last year. Cows sold from $82.41-$117.63 averaging $99.70 up $1.14 from last weeks weighted average price and $20.04 stronger than last year at this time. Auction markets reported trade as steady to strong with one market noting beef cows up $5.00 cwt while dairy breeds held steady. The market ended the week steady to higher on strong demand. Beef cow volumes were lighter at 556 head averaging $107.11 up $0.85 from last weeks beef cow average. Stocker and feeder cattle sold on a mixed demand this week with lighter weights easier and heavy cattle steady to stronger. 3,504 head were sold through auction markets down 2,877 from last week and 1,633 fewer than the same time last year. Auction markets reported trade as steady on the calves with one market noting prices steady to $3.00 higher. Heavier cattle were steady to strong. Grass cattle sold at a premium this week. Actual average prices this week saw steers 400-500 lbs down $23.22 from the previous week, 500-600 lbs down $15.58, 600-700 lbs down $12.12, 700-800 lbs down $4.25, 800-900 lbs down $15.95, 900-1000 lbs up $3.81 and steers 1000 lbs plus averaged $6.78 above last week on average. Heifers from 400-500 lbs were down $12.90 from the week before, 500-600 lbs down $11.00, 600-700 lbs down $4.24, 700-800 lbs up $0.91, 800-900 lbs up $5.20 and heifers 900 lbs and over averaged $0.50 above than last weeks weighted average prices. All classes continue to trade at levels higher than this time last year. The Quebec electronic market this week sold at $306.00 dressed cwt on a picked-up basis, up $4.00 from last week on average. Alberta direct trade the week this week was quiet until Wednesday and Thursday where light to moderate trade surfaced, with sales ranging from $288.00-$290.00 delivered on a dressed basis which is $1.00-$2.00 lower than last week on average. Canfax reports: Cattle that traded this week were being scheduled for the week of June 27th and July 4th delivery. Competition on the cash market remains decent with both packers buying cattle. U.S. packer interest continues to be non-existent. The U.S. cash cattle trade for the week ending May 20th saw business at mostly $138.00 live in the south, with a full trading range from $136.00- $138.00. In the north trade was mainly $225.00-$226.00 dressed with a full trading range of $223.00-$228.00 with some live trade from $140.00- $147.00, most at $142.00. Overall average prices for last week reported by the USDA Mandatory Price report saw steers at $140.25 live down $2.19 cwt while heifers averaged $140.57 down $0.92. On the rail steers averaged $225.80 down $3.02 from the previous week with heifers averaging $225.55 down $3.85. This week, the U.S. cash cattle trade started on Monday with a couple of deals in Kansas noted at $138.00 live, fully steady to last weeks southern trade, with a few sales in Iowa at $142.00 live, steady to last weeks northern deals. Tuesday saw a moderate trade in the south at $137.00 live, down $1.00 from the previous week. In the north a light trade was reported from $140.00-$144.00 live and $224.00-$227.00 dressed, steady to a touch softer than last week. Wednesdays trade was light in the north with prices from $223.00-$227.00 dressed and $138.00-$142.00 live down around $2.00-$3.00 from last week but many sellers resisted the lower bids. Reports of some lower quality cattle trading at the bottom end of the range were noted. In the south a few sales were at $137.00 live, steady to the week's decline. Thursday, saw a light test with prices steady to a touch easier than the week's prices at $136.00-$138.00 live in the south and $222.00-$227.00 dressed in the north with a few live sales in the from $138.00-$142.00. Overall prices for the week are looking $1.00-$2.00 easier in the south and around $2.00-$3.00 easier in the north. Business for the week has been completed ahead of the U.S. long weekend. Jamie Gamble - Beef Farmers of Ontarios market information report.