ONT Farm Market News PM Livestock Summary for September 23 Here is the Country Auction Report as collected by the Beef Farmers of Ontario Friday. * REPLACEMENT CATTLE: There were 1,075 head on offer at Brussels. Calves and yearlings sold on an extremely active trade at higher prices. Grass-type cattle sold higher than last weeks market. Large & Medium Steers over 900 lbs:$202.54 - $234.51 Large & Medium Steers 700-800 lbs:$232.00 - $285.00 Large & Medium Steers 500-600 lbs:$253.00 - $326.00 Large & Medium Heifers over 800 lbs:$189.25 - $221.07 Large & Medium Heifers 600-700 lbs:$189.00 - $240.00 Large & Medium Heifers 500-600 lbs:$170.00 - $241.00 *From Ontario Pork: *Quebec's average price on Thursday was $206.92 per ckg D.W. 100 index. *The previous markets day's CME Constructed (201) price was $98.12 U.S. per cwt. D.W. *Compared to the previous day this was up $0.21 *Average weekly price /ckg DW total value $260.39 *Total volume of Ont. hogs sold was 106590 * From the Beef Farmers of Ontario, the weekly beef commentary: Comments for the week ending September 22, 2022: Lighter receipts of fed steers and heifers sold through auction markets this week at 253 head, down 60 from the previous week but 38 more than the same time last year. Fed steers sold from $176.60-$190.24 averaging $183.44 up $2.13 from last weeks trade and $23.54 higher than year ago prices. Fed heifers ranged from $160.93-$180.56 averaging $173.97 down $2.92 from the previous week but $14.45 stronger than last years price. Auction markets reported trade steady to fully steady with one report of stronger prices. The Ontario railgrade market was untested from Friday through until Tuesday with business starting to surface on Wednesday and Thursday at $303.00 dressed for both steers and heifers. Delivery of the cattle sold is reported for the week of October 10th with a few later in the week for October 17th . A couple of sales for next week delivery were noted at $306.00. This weeks average price is down $1.00 from last weeks average but steady to the bulk of last weeks trade. Prices are $33.00 cwt higher than last year at this time. The Boxed Beef Report by Kevin Grier reports last weeks market overview: U.S. prices are slowly but steadily decreasing. Canadian prices on the other hand are being supported by the weak C$. As usual Canadian buyers are not seeing the market benefits that their U.S. counterparts are enjoying. In addition, Canadian demand, while it is ok, is still seeming to run shy of U.S. demand. The bottom line for the short term is that production is going to stay abundant. As usual the wild card is demand. For now, the assumption is that demand will be good, but not enough to keep prices from slowly sliding. On the Spot Market, One Week Canadian Product Availability- Both big packers in Alberta had normal daily harvest and neither worked on Saturday. Cargill in Guelph did about 1,900/day and also did not work Saturday. Both big packers have items to push. They did not run Saturday for a reason. Further out into weeks three-plus they might be needing to scramble. Out front three weeks or more are not where they want them to be. Fed/cull cow volumes held steady to the week before at 1,832 head but 387 fewer than this time last year. Cows sold from $79.44-$118.94 with a weekly weighted average price of $98.60 down $1.53 from the previous week, but $21.48 stronger than this time last year. Auction markets reported trade as active with prices steady to slightly lower, with one market noting sales up by $5.00 cwt. Trade was steady to barely steady as the week progressed. 409 beef cows sold this week down 43 head from the previous week, averaging $105.94 down $3.90 from last weeks weighted average beef cow price. Larger receipts of 5,246 stocker and feeder cattle sold through auction markets this week, up 1,438 head from the week before but 151 fewer than this time last year. Auction markets reported good buyer interest with active trading and the market fully steady on all weights and classes last Friday, with one special sale noting stronger prices and strong demand with heifers selling exceptionally strong. As the week progressed, heavy feeder cattle were up $3.00-$7.00 cwt and by mid week they were holding steady. By Thursday, trade was reported as higher. Actual average prices this week saw steers from 400-500 lbs up $15.98 from the week before on average, steers 500-600 lbs down $4.94, 600-700 lbs up $2.37, 700-800 lbs down $3.41, 800-900 lbs down $3.19, 900-1000 lbs up $4.37 and steers 1000 lbs plus averaged $11.34 higher than last week on average. Heifers from 300-400 lbs were up $4.62 cwt from last week on light receipts, 400-500 lb heifers averaged $8.56 higher, 500-600 lbs down $13.40, 600-700 lbs up $0.87, 700-800 lbs down $1.21, 800-900 lbs up $6.48 with heifers 900 lbs and over averaging $2.42 easier than last weeks weighted average price. Alberta direct trade this week was steady to $1.00 cwt stronger with a wide trading range of $300.00-$305.00 delivered on a dressed basis. Canfax reported that cattle trading this week are being scheduled for the end of October delivery. The U.S. cash cattle trade the week ending September 16th saw live trade in the south priced mostly at $142.00, $1.00 higher than the previous weeks weighted averages. Dressed trade in the north was mainly from $143.00- $144.00 live with dressed deals from $226.00-$230.00 dressed, most from $226.00-$227.00 which is steady to $1.00 stronger than the week before. Actual average prices for the week, as reported by the USDA Mandatory Price Report, saw live steers averaging $143.19 up $0.71 from the previous week, while live heifers averaged $142.50 up $0.45. On the rail, steers averaged $226.84 dressed up $0.16 from the week before, while heifers averaged $226.90 down $0.44. This week the U.S. cash cattle was at somewhat of a standstill until Thursday as sellers dug in their heels and held out for higher prices. On Thursday, light to moderate trade developed in all feeding states. Business in the south was mainly $143.00 live, up $1.00 cwt with a few noted in Kansas at $145.00. In the north live trade was reported from $145.00-$147.00 up $1.00-$2.00 cwt, while dressed deals ranged from $226.00-$234.00, most $229.00- $230.00 up $2.00 cwt from last week. Today, the market is quiet and it appears the bulk of trade is completed. Asking prices on the few remaining cattle are reported at $145.00 live in the south and $230.00 plus dressed in the north. Jamie Gamble - Beef Farmers of Ontarios market information report.