Ontario Cattlemen’s Association
Weekly Market Information Report
Week ending Thursday November 11, 2004
The following information is collected from various sources and disseminated by the Ontario Cattlemen’s Association.
FED CATTLE SET-ASIDE AUCTION – FEDERALLY
Week of November 10, 2004
Number of registered bidders
252
Number of participants accepted
40
Weighted Average feed cost bid
$1.46
ONTARIO DIRECT TO PACKER RAILGRADE CATTLE TRADE
This is a summary for the week of rail grade prices on a carcass weight basis, before grade and weight
discounts.
Price Range
Last Week
127-130
128-131
A grade steers
127-128
128-129
A grade heifers
ONTARIO LIVE CATTLE TRADE
Ontario auction sales this week saw weighted average price ranges for
FED CATTLE
Price Range
Average
Large Frame Steers +1250
65.76-78.66
73.06
Medium Frame Steers +1250
56.84-75.85
68.78
Large & Medium Frame Steers +1250
63.86-78.98
72.57
Large Frame Heifers +1000
57.61-81.34
70.61
Medium Frame Heifers +1000
49.70-69.62
61.22
Large & Medium Frame Heifers +1000
54.95-80.82
68.89
Cows-all weights
11.30-21.18
15.99
Bulls–all weights
16.06-24.66
20.09
STOCKERS – Large & Medium Frame
Price Range
STEERS
66.64-83.17
1000+
73.36-87.55
900-999
69.95-87.88
800-899
72.06-92.13
700-799
81.72-106.22
600-699
87.13-112.65
500-599
90.75-120.88
400-499
HEIFERS
900+
800-899
700-799
600-699
500-599
Price Range
59.69-78.77
66.83-84.56
63.91-84.34
75.63-96.23
74.21-95.99
Average
76.00
82.34
81.36
83.80
95.05
102.13
107.86
Average
70.78
77.11
76.93
86.55
86.29
Page 1
Top
91.75
86.25
91.75
95.25
88.00
95.25
39.00
69.00
Top
90.25
101.00
97.00
104.25
120.00
127.00
135.00
Top
85.00
118.00
97.00
106.25
109.50
Last week avg.
75.01
72.40
74.40
71.09
63.00
69.12
15.84
23.00
Ontario Cattlemen’s Association
400-499
76.01-100.55
88.89
Talbotville Livestock Exchange: November 6, 2004
Price Range
Top
67.00-82.00
91.00
Good & choice steers
65.00-79.00
Good & choice heifers
13.00-21.00
35.00
Cows
18.50-24.50
Bulls
Stocker Sale: Brussel’s Livestock, BRUSSELS: November 5, 2004
STEERS
Price Range
Top
HEIFERS
63.50-85.50
85.50
1000+
900+
74.00-90.25
101.00
900-999
800-899
60.00-92.00
97.00
800-899
700-799
77.50-93.00
94.75
700-799
600-699
78.00-98.25
98.25
600-699
500-599
88.00-106.25
108.00
500-599
400-499
102.00-116.00
116.00
400-499
300-399
60.00-112.00
112.00
-399
114.50
Price Range
64.00-83.25
69.25-87.35
65.00-86.00
71.00-95.75
65.00-83.00
64.00-94.00
60.00-87.00
Top
83.25
87.35
86.00
97.00
83.50
94.50
87.00
Price Range
82.00-105.00
80.00-103.00
77.00-109.00
80.00-107.00
Top
105.00
108.50
114.50
107.00
HEIFERS
700-799
600-699
500-599
400-499
300-399
Price Range
72.50-86.50
76.75-93.25
69.00-93.00
82.00-95.50
66.00-89.00
Top
90.75
97.00
98.00
95.50
89.00
Stocker Sale: Tricounty Cattle Co.: November 8, 2004
STEERS
Price Range
Top
HEIFERS
78.25-92.25
95.25
700-799
700-799
91.00-113.25
113.25
600-699
600-699
92.00-112.75
122.50
500-599
500-599
104.50-128.00
128.00
400-499
400-499
95.00-120.00
130.00
-399
300-399
Price Range
70.00-90.50
85.00-100.00
86.75-103.75
88.50-111.50
86.00-116.00
Top
91.00
100.00
103.75
111.50
116.00
Stocker Sale: D.H. Hickson, HOARD’S STATION: November 9, 2004
STEERS
Price Range
Top
HEIFERS
50.00-94.50
115.00
600-699
600-699
47.00-104.50
104.50
500-599
500-599
Price Range
61.00-84.50
43.00-92.00
Top
84.50
92.00
Stocker Sale: Keady Livestock: TARA: November 5, 2004
STEERS
Price Range
Top
HEIFERS
90.00-101.00
101.00
700-799
600-699
90.00-112.00
120.00
600-699
500-599
104.00-127.00
127.00
500-599
400-499
110.00-135.00
135.00
400-499
300-399
77.00-125.00
141.00
-399
Stocker Sale: Brussels Livestock: November 8, 2004
STEERS
Price Range
Top
81.00-86.00
86.00
800-899
73.00-93.25
93.25
700-799
87.00-107.00
111.75
600-699
95.00-113.00
115.00
500-599
101.00-117.50
117.50
400-499
Page 2
Ontario Cattlemen’s Association
400-499
63.00-119.00
119.00
Stocker Sale: Keady Livestock: November 9, 2004
STEERS
Price Range
Top
79.50-90.25
90.25
900-999
82.00-90.70
92.00
800-899
80.50-91.50
91.50
700-799
85.00-103.25
103.25
600-699
87.00-113.50
120.00
500-599
112.00-127.00
127.00
400-499
Stocker Sale: Ontario Stockyards: November 9, 2004
STEERS
Price Range
Top
90.50-100.00
104.25
700-799
90.50-110.00
113.50
600-699
97.00-115.50
120.50
500-599
105.00-119.00
123.00
400-499
400-499
53.00-102.00
102.00
HEIFERS
+900
800-899
700-799
600-699
500-599
400-499
Price Range
64.50-85.00
77.00-85.00
61.00-75.00
72.50-95.50
73.00-98.00
77.00-110.00
Top
85.00
85.00
86.50
95.50
98.00
110.00
HEIFERS
Price Range
Top
84.00-94.50
85.00-97.25
87.00-101.00
106.25
108.00
102.50
600-699
500-599
400-499
Stocker Sale: Ontario Stockyards, COOKSTOWN – November 11, 2004
Price Range
Top
Price Range
STEERS
HEIFERS
40.00-77.50
77.50
52.00-70.00
+1000
+900
60.00-88.50
88.50
53.50-81.00
900-999
800-899
54.00-89.00
89.0
52.00-87.00
800-899
700-799
67.00-90.00
101.50
69.00-94.00
700-799
600-699
79.00-106.50
109.50
69.00-90.00
600-699
500-599
74.00-113.50
124.75
72.00-90.00
500-599
400-499
62.00-120.00
125.00
57.00-90.00
400-499
300-399
72.00-115.00
115.00
300-399
Top
73.50
85.00
97.00
94.00
109.50
92.50
107.00
Stocker Sale: Tri-County Cattle – November 11, 2004
Price Range
Top
STEERS
HEIFERS
78.60-88.00
88.00
+1000
+900
88.50-107.00
107.00
500-599
800-899
44.00-112.25
115.50
400-499
700-799
Price Range
65.00-83.00
66.00-86.75
78.25-87.25
Top
83.00
86.75
87.25
Stocker Sale: Brussels – November 11, 2004
Price Range
Top
STEERS
100.00-115.00
115.00
400-499
77.00-105.00
109.00
-399
Price Range
70.00-105.00
73.00-101.00
Top
113.00
101.00
Price Range
53.00-94.50
69.00-96.00
94.50
96.00
HEIFERS
400-499
300-399
Stocker Sale: Ontario Livestock Exchange – November 11, 2004
Price Range
STEERS
HEIFERS
57.00-101.00
101.00
600-699
500-599
84.00-101.00
101.00
500-599
400-499
Sale: Denfield Livestock, November 9, 2004
Page 3
Ontario Cattlemen’s Association
Price Range
80.00-85.00
70.00-75.00
50.00-70.00
80.00-85.00
70.00-75.00
50.00-65.00
25.00-35.00
20.00-24.00
14.00-19.00
25.00-35.00
20.00-25.00
Choice steers
Good steers
Plain steers
Choice exotic cross heifers
Good heifers
Plain heifers
Good fed cows
D1 & D2 cows
D3 & D4 cows
Good butcher bulls
Good holstein bulls
ONTARIO BRED COWS
Ontario Stockyards, – November 5, 2004
Volume: 275 cows, 37 Cow/Calf pairs
Exotic and Exotic X
$550 – 700
Top quality bred cows
$400 – 550
Avg quality bred cows
$700 – 800
Top quality cow/calf pairs
$500 - 700
Avg quality cow/calf pairs
Brussels Livestock – November 6, 2004
Volume: 94 – All cattle sold on an active trade
Exotic and Exotic X
$680
Top quality bred cows
$550
Avg quality bred cows
$650
Top quality cow/calf pairs
British and British X
$450 – 650
$300 – 450
British and British X
$525
$475
Leo’s Livestock – November 6, 2004
Volume: 250
Top quality bred cows
Avg quality bred cows
Top quality cow/calf pairs
Avg quality cow/calf pairs
Exotic and Exotic X
$580 - 640
$300 - 580
$650 - 740
$400 - 550
British and British X
$450 – 580
$250 – 450
$450 – 575
$300 - 450
ALBERTA DIRECT TRADE
Week ending Thursday November 11, 2004
Live
75.70-78.60
Steers
Live
77.00-78.50
Heifers
Flat rail
Flat rail
128.00-131.00
128.00-131.00
CANADIAN BOXED BEEF CUT-OUT VALUES
Week ending
November 5, 2004
Light AAA
1.6190
Heavy AAA
1.6175
U.S. TRADE (U.S. funds)
Week ending November 11, 2004
Page 4
Light AA
1.5325
Heavy AA
1.5358
Ontario Cattlemen’s Association
Live
Rail
Weekly range for choice and select steers and heifers:
81.00-85.00
127.00-133.00
U.S. BOXED BEEF CUT-OUT VALUES
600-900
129.57
Current 5 day
average:
Choice
600-750
131.54
750-900
129.40
600-900
123.59
Select
600-750
125.39
750-900
123.48
AVERAGE CARCASS WEIGHTS – CANADA
STEERS
843
865
Oct. 30, 2004
Oct. 25, 2003
HEIFERS
783
808
FEDERALLY INSPECTED CANADIAN KILL
Week Ending
Oct. 30, 2004
78,746
55,033
13,224
Grand Total
Alberta Slaughter
Ontario Slaughter
YTD
% of Yr. Ago
3,045,167
2,137,885
521,185
127%
128%
116%
USDA ESTIMATED CATTLE KILL
Grand Total
Week Ending
Nov. 6, 2004
586,000
Last Week
Year Ago
642,000
604,000
BEEF EXPORTS
Total
United States
Jan 1 – Nov 6
259,733 tonnes
Mexico
Jan 1 – Sept 11
62,455 tonnes
BEEF IMPORTS
Total
Jan 1 – Nov 6
64,449 tonnes
Last Year Same Time
186,913 tonnes
% Change
-65.5%
BEEF PRODUCTION
Fed
Non-fed
Jan 1 – Nov 6
1,019,580 tonnes
114,139 tonnes
Last Year Same Time
815,927 tonnes
97,579 tonnes
% Change
+25.0%
+17.0%
CHICAGO MERCANTILE EXCHANGE
Closing quotes on futures today were as follows:
Live Cattle
Feeder Cattle
Corn
Page 5
Soybeans
Canadian $
Ontario Cattlemen’s Association
$/cwt US
85.62
Dec
87.67
Feb
84.20
Apr
80.30
Jun
+0.15
-0.87
-0.87
-0.62
$/cwt US
107.92
Nov
102.00
Jan
97.35
Mar
96.42
Apr
-0.50
-1.30
-1.80
-1.72
Dec
Mar
May
Jul
$/bu US
2.000
2.112
2.186
2.250
¢/bu
+2.6
+2.0
+2.4
+2.4
Nov
Jan
Mar
May
$/bu US
5.234
5.250
5.294
5.352
¢/bu
+3.0
+5.2
+3.6
+3.0
Spot
Dec
Mar
Jun
83.89
83.81
83.73
83.67
+0.19
+0.16
+0.16
+0.16
Week Ending November 11, 2004
Total registered participants in the Federal Fed Cattle Set-Aside Program is 252 with 40 producers accepted in
the program. This week the weighted average feed cost bid of $1.46/head/day. The bids open every Monday
and close every Wednesday at noon. To register,call 1-888-292-5856. You will receive a PIN and a
registration form.
Registration for the Feeder Cattle Set-Aside Program has been very high. I would encourage producers who
want to get involved to do so quickly by calling 1-888-292-5856. The provincial target is to set aside 115,000
calves. Applications will be processed on a first-come, first-serve basis until the provincial target is met or until
4:00 p.m. January 15, 2005, whichever occurs first. If the target is met before January 15, 2005, applications
will no longer be accepted.
Ontario fed cattle trade was about steady. There were 1,243 head of finished steers and heifers sold live
through Ontario auction markets. The average fed steer price was $72.57 down $1.83 and the average heifer
price was $68.89 down $0.23. Auction markets reported fed cattle sold on a good demand. Good quality
cattle sold actively at prices $2-3 higher while plainer, aged and heavier types sold steady to somewhat under
pressure.
Cows were a bit stronger this week. The volume of cows sold through Ontario auction markets was 2,045 with
an average price of $15.99 up $0.15 from last week. Local auction markets reported cows sold on a good
demand with prices steady to $3.00 higher.
Stocker sales in Ontario continued to sell strong. Volume was up 45.5% over last week and 5% more than last
year at this time. Auction markets reported replacement cattle sold actively on a good demand with prices
stronger particularly on the better quality cattle.
Direct to packer railgrade cattle prices were down $1.00 as steers sold $127-130 and heifers sold $127-128.
In Alberta, trade was moderate with prices $2-3 higher. Steers sold from $75.70-78.60 live and $128.00131.00 flat rail. Heifers sold at $77.00-78.50 and $128.00-131.00 flat rail.
U.S. cash cattle trade was fairly significant. Steers and heifers sold at higher prices from $81-85 live and $127133 dressed.
Local beef trade followed last week’s trend of poor demand at lower prices with more cancellations. It is
expected to see that improve over the next couple of weeks.
Page 6