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Feed prices, strong loonie drag down cattle values

China’s boycott on beef poses relatively little threat

Canadian meat packers are assessing what future demand will look like for Canadian beef, though China’s recent shunning of Canadian meat products will leave cattle markets largely unscathed. This is mainly due to the fact that only about five per cent of beef exports year to date have been shipped to China, said Brian Perillat […] Read more


malt barley

Malt barley prices remain stable

MarketsFarm — Malt barley prices have held steady throughout the 2019 growing season as global demand remains strong. Malt prices in 2018 were driven about 15 per cent higher due to a global shortage. According to Farmlink, drought conditions caused Australia to produce “one of the smallest barley crops in recent memory.” The crops were […] Read more


Cattle kept from markets as parched pastures catch break

Stronger U.S. corn prices put pressure on cattle futures

Rain showers across much of the province during the week ended June 21 helped take some of the edge off the cattle markets, as concerns over dry pastures dissipated slightly. With the rain in southern Manitoba, “our numbers were probably down by 30 to 40 per cent from the previous week,” said Robin Hill of […] Read more


Summer schedule for sheep and goat sales begins

Monthly sales and fewer deliveries will mark this market for the coming months

The summer schedule of a single sheep and goat sale each month has begun at Winnipeg Livestock Auction. This will likely limit the number of sheep and goats delivered and mean less selection for buyers filling orders for the Eastern Canada market. The June 5 sale saw 344 goats delivered. During the sheep sale, some […] Read more



Absence of demand drags on cattle prices at auction markets

Parched pastures and fields are pushing feed costs higher

Dry pasture land and higher feed grain prices drove demand lower at cattle markets during the week ended June 14. Butcher cattle prices in particular dipped four to five cents lower at Grunthal Livestock Auction Mart, largely due to lack of demand. Feeder cattle volumes were too low to report on in Grunthal, with about […] Read more


corn

Slow U.S. corn planting a drag on cattle prices

Trade worries contribute to ongoing market volatility

Recent strength in grain markets has inversely weighed on cattle prices, although activity at Manitoba’s auction yards is slowing down for the season. A number of auctions were closed for the week, and many will soon shut down for the summer or run at reduced capacity. Prices for what was still moving have weakened over […] Read more



Cattle prices show strength thanks to recent rain

Heavier cattle come under some seasonal price pressure

Cattle prices were strong across the province during week ended May 31, with grass cattle staying local thanks to timely rain. Grass cattle in the 400- to 500-lb. range observed prices between $150 and $250 per hundredweight, consistent with last week’s prices. Similarly, cattle in the 500- to 600-lb. range saw prices between $150 and […] Read more


U.S. cattle supplies, corn futures may drag on prices

Local cattle values are still reasonably steady for now

Activity at Manitoba’s cattle auction yards is slowing down ahead of the summer, with the Victoria Day weekend also limiting some of the activity during the week ended May 24. Prices held reasonably steady for the most part, although outside market influences may keep some caution in the Canadian cattle sector over the next few […] Read more



Signs of life for summer sheep, goat sales

Rain in the forecast and pre-holiday bidding added up to a positive backdrop for the latest sheep and goat sale

Strong bidding fuelled by an approaching holiday season and rain clouds on the horizon promising improved hay production set a positive tone May 15, at Winnipeg Livestock Auction, where 180 sheep and goats were delivered. In the sheep sale, the selection of ewes gave the buyers wide choice for future purposes. The higher-price quality ewes […] Read more


Fewer cattle, softer prices ahead of summer slowdown

Last week’s sale at Virden saw the biggest drop in volumes

As spring carries on, with summer approaching, the Grunthal Livestock Auction Mart has seen its numbers slip a little, according to manager Harold Unrau. “Prices were a little bit softer. Our head counts are down too, going into summer,” he said. At Grunthal’s May 14 auction, 295 feeders and 88 slaughter cattle were sold. The […] Read more