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







(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle demand softens

Compared to last week, western Canadian yearling prices were $2-$4 lower on average while calves were down $3-$5 depending on the region. Weakness in the fed cattle market continues to spill over into the feeder complex, as margins drift further into red ink. Alberta packers were buying fed cattle in the range of $245-$246 delivered



Producers and feeder buyers were relieved by recent rain as it will help improve hay stocks.

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