Average Ontario fed cattle prices took a bit of a tumble last week.
Beef Farmers of Ontario reports the average fed steer price was 195.61, while heifers average 193.83.
That was a drop of 7.65 for steers and a 7.29 drop for heifers over the previous week's prices.
Both are still over 37 dollars better than last year.
BFO says the 690 fed cattle on offer last week was up 49 head on the week, 28 head on the year.
Last week's just over 21 hundred cull cows sold in the province was up about 290 from the previous week, just over 200 more than last year.
The 121.47 average price was down 2.34 on the week, 25.75 stronger than last year.
Replacement cattle marketings were down on the week and year at just over 35 hundred head.
That was a drop of just over 12 hundred on the week, 650 fewer than last year.
Average Ontario replacement steer prices ranges from 3.43 higher to 18.88 lower, depending on weight category.
Average replacement heifer prices ranged from 18.94 higher to 18.87 lower, again depending on weight category. ===
Weekly Cattle Comments - As Supplied by Beef Farmers of Ontario Toll free: 1-866-370-2333 or Local: (519) 824-0334 Fax: (519) 824-9161 Email: markets@ontariobeef.com
Comments for the week ending June 11, 2015
There were 690 fed steers and heifers sold through Ontario auction markets this week, up 49 head from last week, and 28 head more than last year at this time. Fed steers traded from $181.66-202.88 averaging $195.61, down $7.65 from last week, and $37.21 stronger than prices one year ago. Fed heifers sold from $185.19-201.74 averaging $193.83, down $7.29 from last week, and $39.14 stronger than last year at this time. Auction markets reported barely steady prices with one report of prices $2.00-$3.00 lower.
Ontario rail grade prices remained steady to last week with steers trading at $335.00-340.00 dressed and heifers trading at $334.00-$339.00. This week's average prices are $75.00 stronger than last year at this time.
There were 2,186 cull cows sold through auction markets this week, up 289 head from last week and up 201 head from last year at this time. Cull cows traded from $102.33-143.19 averaging $121.47 down $2.34 from last week, and $25.75 stronger than last year at this time. Auction markets reported strong and steady prices early in the week, but by the end of the week prices shifted to barely steady with reports of prices $1.00-$2.00 lower.
There were 3,513 replacement cattle sold through auction markets this week, down 1,201 head from last week and 650 less than last year at this time. Auction markets reported a strong active trade with prices $2.00-$5.00 higher and grass calves selling at a premium. Actual average prices this week saw steers 400-500 lbs average $3.43 higher than last week, 500-600 lbs were down $5.75, 600-700 lbs were up $3.30, 700-800 lbs were down $18.88, 800-900 lbs were down $7.16 and 900-1000 lbs averaged $2.30 higher than last week. Heifers 300-400 lbs averaged $18.94 higher than last week, 400-500 lbs were down $14.38, 500-600 lbs were down $18.87, 600-700 lbs were up $3.11, 700-800 lbs were down $0.33, 800 lbs and over averaged $5.78 higher than last week.
The Quebec Electronic Market for this week ranged from $336.50-339.00 dressed, up $0.74 from last week on average.
Alberta direct trade for the week saw light trade develop with live and dressed sales sitting around $2.50 lower than the previous week. Canfax reported prices with live steers trading at $200.45-201.00 and dressed steers trading from $336.50-338.50. There were no live sales for heifers and dressed heifers traded at $336.50-337.00.
The US cash cattle trade for the week ending June 11th was extremely quiet early in the week with light to moderate trade late in the week. Some live sales were reported at $155.00 and dressed sales reported at $244.00-245.00. Trade volume is expected to gradually build later today. LeaAnne Wuermli for Jamie Gamble, Market Information Coordinator, Beef Farmers of Ontario.
