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Ontario Fed Heifer Prices Under Pressure Last Week

Beef Farmers of Ontario is blaming a heavier run of second cut cattle for pushing down fed heifer prices in the province last week.

The average fed heifer price was down 2.64 on the week while the average fed steer price was up 4.23.

The heifer price was over 43 dollars better than last year, the steer average over 45 dollars stronger.

BFO says the 465 head of fed cattle sold last week matched the week before and was 145 fewer than a year ago.

Cull cattle sales were down 244 on the week, 870 fewer than last year.

The average price of 119.66 was up a dollar 35 from the previous week, 21.76 higher than a year ago.

Replacement cattle marketings were down in Ontario last week.

About 73 hundred head were sold – about 11 hundred fewer than the previous week, just over 16 hundred fewer than a year ago.

BFO says auction markets reported good quality grass cattle sold on a good demand at steady to premium prices.

Second cut and fleshier grass types sold barely steady to under pressure.

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