ONT Farm Market News PM Livestock Summary for October 28 Here is the Country Auction Report as collected by the Beef Farmers of Ontario Friday. * REPLACEMENT CATTLE: There were 1,500 head on offer at Brussels. All types of calves sold on a strong, active trade at fully steady prices. Yearings had not sold at the reporting time. Large & Medium Steers 700-800 lbs:$221.00 - $260.50 Large & Medium Steers 500-600 lbs:$242.50 - $302.00 Large & Medium Heifers over 800 lbs:$150.37 - $202.70 Large & Medium Heifers 600-700 lbs:$197.00 - $230.00 Large & Medium Heifers 500-600 lbs:$219.00 - $271.00 From the Beef Farmers of Ontario, the Rail Grade Report. Prices are on carcass weight basis, before grade and weight discounts. Steers: $303.00 - $303.00 Heifers: $302.00 - $302.00 *From Ontario Pork: *Quebec's average price on Thursday was $217.34 per ckg D.W. 100 index. *The previous markets day's CME Constructed (201) price was $93.81 U.S. per cwt. D.W. *Compared to the previous day this was down $0.68 *Average weekly price /ckg DW total value $267.59 *Total volume of Ont. hogs sold was 112195 * From the Beef Farmers of Ontario, the weekly beef commentary: Comments for the week ending October 28, 2022 : 341 fed steers and heifers sold through Ontario auction markets this week, down just 13 from the previous week and 30 fewer than the same time last year. Fed steers traded from $165.96-$185.33 averaging $178.94 up $1.28 from last week and $22.24 above year ago prices. Fed heifers sold from $161.33-$184.64 averaging $175.81 up $2.52 from last week and $22.12 stronger than last year at this time. Auction markets reported trade as active with prices steady to stronger with quality considered, with one market noting sales up by $5.00 cwt in spots. The market ended the week with prices $1.00-$2.00 cwt higher. Top prices reached this week were $195.50 live cwt for steers and $199.25 for heifers. The Ontario railgrade market continued flat at $303.00 dressed for steers and $302.00 for heifers on limited volumes. Cattle sold this week were for delivery the week of November 7th to start, to November 14th by mid- week. By Thursday, the market was quiet as local packer bids at $303.00 dressed did not attract sellers attention. There are reports of a few cattle being sold to the U.S. from Ontario at $235.00 USD cwt delivered which works back to around $186.00 CDN cwt live on a picked up basis. Average prices continue steady for the sixth consecutive week and remain $33.00 stronger than this time last year. Lighter volumes of fed/cull cows came to market with some pressure on prices this week. There were 2,472 head sold through auction markets, down 296 from last week but 67 more than the same week last year. Cows sold from $65.18-$106.12 averaging $83.39 down $10.30 cwt from last week but still $21.91 stronger than year ago prices. Auction markets reported trade as softer to under pressure for the most part with comments on beef cows and good quality trading steady to higher and plainer types and dairy breeds lower. The market ended the week under pressure at lower prices. 560 beef cows sold this week down 127 head from last week, averaging $88.75 down $12.31 cwt from last weeks beef cow weighted average price. 10,200 stocker and feeder cattle sold through auctions this week which is fully steady to last week but 2,146 more than the same week last year, with several special sales included this week. Auction markets reported calves as active on a steady to stronger trade, with top quality calves noted in a few special sales included this week with higher prices. Yearlings sold on a strong active trade with prices reported as steady to strong, with heifers noted as higher and with premiums. Actual average prices this week saw steers 400-500 lbs up $8.93 from last week, 500-600 lbs up $21.07, 600-700 lbs up $15.95, 700-800 lbs up $15.83, 800-900 lbs down $8.83, 900-1000 lbs down $6.88 and steers 1000 lbs plus averaged $2.09 easier than last week on average. Heifers from 300-400 lbs were up $25.43 on average, 400-500 lbs up $20.48, 500-600 lbs up $23.33, 600-700 lbs up $17.28, 700- 800 lbs up $5.43, 800-900 lbs up $5.69 and heifers 900 lbs plus averaged $1.56 below last weeks weighted average price. Steers are averaging $40.00-$55.00 stronger than last year at this time, while heifers are up by $40.00-$50.00 cwt. Alberta direct trade was light this week with prices reported at $302.00 cwt delivered on a dressed basis. Canfax notes that depending on which packer that purchased the cattle, delivery dates were from late November to early December. Canfax also notes that U.S. packers were purchasing cattle at $233.00 USD cwt delivered which is at a premium to local trade. The U.S. cash cattle trade the week ending October 21st was strong with business in the south up $3.00 cwt from $146.00-$148.00 live, majority at $148.00. In the north some live trade was reported from $150.00-$153.00 while dressed deals ranged from $234.00-$238.00 dressed, mainly $236.00 up $3.00-$4.00 cwt. Actual average prices reported by the USDA Mandatory Price Report saw live steers average $150.07 up $3.08 from the previous week while heifers averaged $149.86 up $2.91. On the rail steers averaged $235.28 up $3.68 with heifers averaging $235.52 up $3.97. This week the U.S. cash cattle trade was limited until Thursday, with just a couple of deals in parts of the north reported from $151.00-$153.00 live and $236.00 dressed, steady but certainly not enough sold to establish a market. Smaller show lists this week and stronger boxed beef prices had sellers holding out for higher prices. By Thursday, moderate to active trade developed with stronger prices again this week. In the south trade is reported at $150.00 cwt live up $2.00 from last week. In the north some live deals ranged from $151.00-$155.00 with dressed trade from $236.00-$242.00, mainly $240.00 cwt up $4.00-$5.00 cwt from last week on average, with a couple of deals to a regional buyer at $244.00 with immediate delivery. Today the market is quiet and it appears the bulk of trade is completed. Jamie Gamble - Beef Farmers of Ontarios market information report.