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Mainly culls, bulls put up for sale during slow week

Beef demand should taper off as July’s holidays pass

Just a few auction yards remain open in Manitoba as ranchers enter the summer season. About 640 head were shown to buyers during the week ended June 30, down from 827 the previous week. Of the three major outlets still operating in July, just two held sales. According to Rick Wright of Heartland Order Buying […] Read more

Summer brings sunnier view of market

There will be fewer lamb and goat sales over the summer months

Along with the arrival of the single-sale-a-month summer schedule June 7, came a more positive attitude towards the market between both buyers and producers. There were 510 animals presented in the ring at the most recent sheep and goat sale at Winnipeg Livestock Auction. The sheep sales saw more bidding from buyers and a positive […] Read more

Summer slowdown begins for Manitoba auction marts

Signals point to a market getting set to weaken

The dog days of summer have arrived at auction marts in Manitoba, as just 827 cattle were sold during the week ended June 23, well down from the previous week when 1,890 animals were sold. Prices stayed relatively firm, however, with some mild strengthening on a few of the light heifer classes. For instance, heifers […] Read more

Beneficial rains a boost for local cattle buyer optimism

Local markets overcome turbulence in cattle futures

Moving into the summer, Manitoba’s ranchers are watching cash markets and the weather, with both delivering good news. Cattle futures at the Chicago Mercantile Exchange (CME) saw some turbulence over the past week, though prices for cattle at auctions in Manitoba were able to resist that pressure. “The cash market didn’t seem to reflect it,” […] Read more

Unknown expectations at latest auction

Neither buyers nor sellers knew quite what to expect at the May 17 sale

It was a sale that could — and at times did — go either direction. Sellers delivered some 200 sheep and goats, but admitted they didn’t have any great expectations for this sale. Meanwhile, the buyers were feeling much the same way. About the only trends that did seem to emerge were that sellers were […] Read more

Consistent demand supports prices ahead of slowdown

Many producers may be wishing they had more to sell

Cattle prices remained firm at Manitoba auction marts during the week ended June 9. Bids for steers (400-500 lbs.) rose $3-$5 per hundredweight on average with other lightweight animals also showing slight improvements. The heavier-class animals posted gains with heifers (600-700 lbs.) rising roughly $5-$10. “All the classes look strong; some guys are making $400 […] Read more

Cattle prices hold steady, strong on lower volumes

Feedlot profitability is supporting demand, for now

Prices for cattle at auction marts in Manitoba were steady on the week, and holding strong overall, though seasonally low volumes mean fewer ranchers are reaping the benefits. Manitoba auction marts are seeing strong cash prices, as profitability in the feedlot sector drives demand. Prices for non-fed cows and bulls have stayed steady on the […] Read more

Short week stays quiet as most major marketings done

USDA’s latest Cattle on Feed numbers will be bearish

The Victoria Day long weekend limited activity at Manitoba’s cattle auction yards during the week ended May 26, but the market was steady for the animals that still moved. “I didn’t see any change from the previous week. Everything was fully steady on the feeder cattle,” said Robin Hill of Heartland Livestock Services at Virden. […] Read more

Prices remain firm as buyers seek grass cattle

Beef demand is seen steady leading up to Father’s Day

Prices for cattle at Manitoba auction yards stayed relatively firm amid declining volumes. Around 4,600 animals made their way through the rings during the week ended May 19, down from 7,500 the week before. There was some softening on heavier-weight steers, while lower-weight animals held their own and ticked higher in a few cases. “The […] Read more

Cattle markets descend into correction mode from rally

Beef demand is expected to slip after Father’s Day

The spring cattle rally may be finally coming to an end. Bids for most classes at stockyards across the province were the same or even slightly lower in some cases during the week ended May 12. Heavier-weight animals were steady to lower, with heifers (800-900 lbs.) down $3-$5. Steers (400-500 lbs.) were also down roughly […] Read more