GFM Network News


Cattle auctions’ prices steady, volumes strong

Manitoba’s cattle are about equally eastbound and westbound

Despite cold weather and icy highways, cattle markets across Manitoba were in full swing during the week ended Jan. 17. Tyler Slawinski, Gladstone Auction Mart’s auctioneer, said about 600 head showed up to the first auction of the year. “That’s about twice as many as I had expected,” he said. “That’s a good sign for

A Chinese ship is loaded with soybeans at the Brazilian Port of Santos.

Crush margins, currency, charts show support for canola futures

South American soybean production could bring pressure

Canola values were well supported during the first full trading week of 2020 and have the potential to rally $10-$15 higher. Technical charts have projected canola values reaching $490-$495 per tonne. Some growers have throttled back on selling their product to wait and see if this price range will be realized. Barring sharp sell-offs in


Cattle volumes down from fall run highs

Ontario feedlots have backed off the Manitoba market

Cattle volumes at auctions across the province have come off of fall run highs, providing some support to feeder cattle prices. “We’re through the bulk of fall run numbers, so prices have tightened up,” said Brian Perillat of Canfax in Calgary. “It’s a balancing act, but for the most part, undertones in the market have

Lack of a China-U.S. trade deal is causing the market to remain moribund, likely for the rest of the year.

Trade stalemate leaves markets unmoving

Lack of rain in South America could eventually shake things up

Canola values will likely remain range-bound between $455 and $467 for the remainder of the year. That’s largely due to the stalemate between the United States and China regarding a trade deal, and also due to uncertain growing conditions in South America and Australia. On Nov. 27, U.S. President Donald Trump signed congressional legislation in support

Cattle markets remain strong in Manitoba

A weaker Canadian dollar may attract U.S. buyers

With cattle auctions in full swing across the province, markets have seen steady, strong prices. Brock Taylor of Pipestone Auction Mart said 600- to 700-lb. feeder steers were between $188 and $215 per hundredweight at auction last week. That’s comparable to the Nov. 8 auction, when the same class of cattle sold for between $190


Manitoba cattle auction volumes remain high

Frozen ground makes cattle easier to retrieve

Cattle auctions in Manitoba have seen a lot of activity recently, thanks in part to colder weather making it easier to retrieve cattle from mucky pastures. That’s pressuring prices lower for some weight classes. “We’re seeing big numbers, which is applying quite a bit of pressure to the market,” said auctioneer Tyler Slawinski of Gladstone

Manitoba livestock auctions.

Manitoba fall cattle run behind schedule

Many factors hampering auction movement

Cattle prices were steady to slightly higher at Manitoba’s cattle auctions during the week ended Oct. 24, with supply chain bottlenecks causing concern on both the supply and demand side. The rush of cattle volumes coming to auction have been delayed due to producers struggling with late harvests and muddy pastures. “Sometimes there’s standing crop

Canola swaths under snow after a freak snowstorm in Manitoba Thanksgiving weekend.

Canola prices remain subdued despite weather

Growers break single-week record for canola deliveries

Canola values remained “not exactly lifeless” but rangebound during the week ended Oct. 18, seemingly unfettered by a less-than-ideal harvest season. A cold front and Colorado low hit Manitoba over Thanksgiving weekend, delivering up to 70 cm of snow in some regions. That ought to have introduced a weather premium into markets, as the canola


Harsh fall weather weighs on Manitoba cattle values

Snow and mud have hit Manitoba hard, limiting the ability to take cattle to market

Snow, mud, and challenging fall weather across the Prairies put a damper on cattle activity in Manitoba during the week ended Oct. 11. “Guys aren’t really after cows right now,” remarked Harold Unrau of Grunthal Livestock Auction Mart. He noted feeder cattle prices were under pressure compared to the week prior. “From here right to

Harsh fall weather weighs on Manitoba cattle values

Snow and mud have hit Manitoba hard, limiting the ability to take cattle to market

Snow, mud, and challenging fall weather across the Prairies put a damper on cattle activity in Manitoba during the week ended Oct. 11. “Guys aren’t really after cows right now,” remarked Harold Unrau of Grunthal Livestock Auction Mart. He noted feeder cattle prices were under pressure compared to the week prior. “From here right to