Butcher Cattle Hold Steady Under Parity Pressure

The move-m ent of cattle to auction yards was said to be pretty close to normal during the week ended April 9. Marketings at some of the auction yards in the province were heavier than normal, while at others, a bit lighter than usual.

Prices for the cattle generally held steady although values for some classes of animals managed to strengthen. Fleshy and lower-quality cattle continued to see some large discounting.

“I would describe the market as positive, with values holding steady to a bit firmer,” said Robin Hill, manager of Heartland Livestock Services at Virden. “The one exception was fats, which were a ‘good’ $3 higher this week.”

End-users were said to have been caught a little short on supply and in turn were looking to stock up on this class of cattle, he said.

Butcher cows and bulls managed to hold steady, despite the Canadian dollar moving to parity with the U. S. dollar and above at some points during the week.

The Canadian dollar at the close of trade on April 9 was quoted in the US99.5-cent area. The Canadian dollar finished at US99.18 cents on April 1.

Financial analysts were still expecting the Canadian dollar to move above par with the U. S. dollar. A push by the Canadian dollar to the US$1.01-$1.02 level was seen as a real possibility.

Steady demand from the packers for butchers, and only limited supply, helped to maintain values for this class of animal, Hill said.

Prices for feeder cattle were also a bit firmer on both the lighter-and heavier-weight animals. Values for the grass cattle also continued to remain positive in view of steady demand, Hill said.

Some of the price strength seen in Manitoba’s cattle values can certainly be linked to the fact that values for cattle in the U. S. in futures markets have also been firming, Hill said.

Marketings of cattle are still expected to decline over the next while as more producers turn to spring field work and also start putting cattle out to pasture.

FROM THE AUCTION FLOORS

Note: All prices in Canadian dollars per hundredweight. These prices also generally represent the top one-third of sales reported by the auction yard.

Ashern Livestock Mart: An estimated 1,584 head of cattle were sold at the sale held April 7. In the slaughter market, older shelly cows traded for $20 and up; D1 and D2 cows, $50-$58; D3 and D5 cows, $42-$49; and good bulls, $65-$81.

Feeder steers weighing 800-900 lbs. ranged from $85 to $96; 700-800 lbs., $95-$108; 600-700 lbs., $100-$124; 500-600 lbs., $105-$126; 400-500 lbs., $110-$127; and 300-400 lbs., $117-$130.

Feeder heifers weighing 800-900 lbs. brought $70-$94; 700-800 lbs., $80-$104; 600-700 lbs., $85-$112; 500-600 lbs., $90-$109; and 400-500 lbs., $100-$113.

Gladstone Auction Mart: The April 6 sale saw a total of 1,022 head of cattle sold at the Gladstone yard. In the slaughter market, bulls sold from $60 to $69.50 while cows brought $30-$45, with age verified up to $60.

Feeder steers in the 900-to 1,000-lb. weight category traded from $75 to $88; 800-900 lbs., $80-$97.50; 700-800 lbs., $90-$108; 600-700 lbs., $90-$117.50; 500-600 lbs., $90-$129.50; 400-500 lbs., $82-$130; and 300-400 lbs., $93-$123.50.

Feeder heifers weighing 900-1,000 lbs. sold from $60 to $80; 800-900 lbs., $75-$90.50; 700-800 lbs., $75-$99.75; 600-700 lbs., $80-$103; 500-600 lbs., $87-$111.50; 400-500 lbs., $80-$115; and 300-400 lbs., $75-$110.

Grunthal Livestock Auction Mart: There were 93 slaughter cattle and 598 feeders sold at the Grunthal yard April 7. In the slaughter market, fleshy export cows traded from $52 to $56.75; lean export cows, $48-$52; mature cows, $44-$48; feeding cows, $46-$57; export bulls, $63-$68; and mature bulls, $58-$62.

Feeder heifers weighing 800-900 lbs. sold from $85 to $91.50; 700-800 lbs., $90-$100.50; 600-700 lbs., $95-$103; 500-600 lbs., $103-$115; 400-500 lbs., $100-$108; and under 400 lbs., $100-$107.50.

Feeder steers weighing 800-900 lbs., sold from $90 to $98; 700-800 lbs., $97-$105.50; 600-700 lbs., $103-$119; 500-600 lbs., $118-$127; and 400-500 lbs., $120-$130.

Heartland Livestock Services, Brandon: A total of 738 cattle were on offer in Brandon during the week. Butcher steers traded from $78 to $83.75; D1-D2 cows $48-$55, age verified $52-$56.75; D3 cows $42-$48; and mature bulls, $64-$68.

Feeder steers weighing 900-1,000 lbs. sold from $82 to $88.50; 800-900 lbs., $87-$97.75; 700-800 lbs., $92-$106; 600-700 lbs., $105-$114.50; 500-600 lbs., $110-$119; 400-500 lbs., $112-$119; and 300-400 lbs., $115-$127.

Feeder heifers weighing 800-900 lbs. sold from $80 to $88; 700-800 lbs., $85-$93; 600-700 lbs., $88-$96.50; 500-600 lbs., $90-$105; and 400-500 lbs., $95-$106.

Heartland Livestock Services, Virden: There were about 1,121 cattle sold at the sale held April 7. Butcher steers brought $82-$87.75 while butcher heifers sold from $80 to $85.75. Age-verified/young cows sold from $53 to $57.50; D1-D2 cows, $50-$54; D3 cows, $47-$50; shelly cows, $42-$46; and mature bulls, $62-$69.

Feeder steers weighing 900-1,000 lbs. brought $84-$91.75; 800-900 lbs., $89-$98.75; 700-800 lbs., $95-$106; 600-700 lbs., $99-$115; 500-600 lbs., $110-$123; 400-500 lbs., $117-$131 and 300-400 lbs., $118-$133.

Feeder heifers weighing 900-1,000 lbs. traded from $74 to $81; 800-900 lbs., $78-$86.50; 700-800 lbs., $83-$95; 600-700 lbs., $87-$100; 500-600 lbs., $94-$108 and 400-500 lbs., $95-$110.

Killarney Auction Mart: There were 638 cattle sold at the April 8 sale. In the slaughter market, D1 and D2 cows went from $45 to $60; D3 and D4 cows, $27-$40; and bulls, $64.25-$69.25.

Feeder steers weighing 900-1,000 lbs. sold from $72.50 to $86; 800-900 lbs., $80-$92.50; 700-800 lbs., $91-$102; 600-700 lbs., $103-$115; 500-600 lbs., $107-$119; 400-500 lbs., $107-$127.50; and 300-400 lbs., $119-$126.50.

Feeder heifers weighing 900-1,000 lbs. brought $72-$81; 800-900 lbs., $79-$88.50; 700-800 lbs., $75-$93; 600-700 lbs., $91-$103.50; 500-600 lbs., $89-$107; 400-500 lbs., $96-$110; and 300-400 lbs., $100-$109.50.

Pipestone Livestock Sales: There were 140 cattle sold at the sale held April 5. Included in the sale were 60 slaughter animals and 80 feeders.

In the slaughter market, D1 cows sold from $53 to $56; D2 cows, $48-$52; D3 cows, $40-$47; and bulls, $60-$68.75.

Feeder steers weighing 800-900 lbs. fetched $87-$96; 700-800 lbs., $90-$102; 600-700 lbs., $95-$107; 500-600 lbs., $105-$117; and 400-500 lbs., $105-$119.

Feeder heifers weighing 700-800 lbs. traded from $78 to $85; 600-700 lbs., $84-$94; 500-600 lbs., $90-$98; and 400-500 lbs., $90-$102.

Ste. Rose Auction Mart: A total of 1,650 cattle were sold at the April 8 sale. In the slaughter market, D1 and D2 cows ranged from $43 to $52; D3-D4 cows, $32-$40; and bulls, $68-$77.

Feeder steers weighing 900-1,000 lbs. traded from $80 to $87; 800-900 lbs., $88-$97.50; 700-800 lbs., $95-$106; 600-700 lbs., $105-$119; 500-600 lbs., $110-$129; 400-500 lbs., $115-$130 and 300-400 lbs., $115-$129.

Feeder heifers weighing 800-900 lbs. brought $85-$91.50; 700-800 lbs., $90-$102; 600-700 lbs., $95-$111; 500-600 lbs., $105-$114; 400-500 lbs., $105-$114; and 300-400 lbs., $95-$104.

Taylor Auctions, Melita: The sale held April 8 resulted in 168 slaughter cattle and 800 feeders being sold. In the slaughter market, A1 and A2 steers over 1,000 lbs. brought $83-$87.50; A1 and A2 heifers over 850 lbs., $80-$84.50; D1 and D2 cows $45-$55; D3 and D5 cows, $35-$45; and good bulls, $65-$71.50.

Feeder steers weighing 900-1,000 lbs. brought $85-$95; 800-900 lbs., $95-$104; 700-800 lbs., $100-$109; 600-700 lbs., $105-$116; 500-600 lbs., $110-$120; 400-500 lbs., $110-$125; and 300-400 lbs., $115-$129.

Feeder heifers weighing 800-900 lbs. traded from $80 to $92; 700-800 lbs., $85-$95; 600-700 lbs., $90-$100; 500-600 lbs., $95-$102; 400-500 lbs., $100-$105; and 300-400 lbs., $100-$110.

Winnipeg Livestock Sales: There were about 1,303 head of cattle sold during the week ended April 9. In the slaughter market, choice steers and heifers sold from $80 to $83.25; select steers and heifers, $77-$80; dry fed cows, $45-$48; good fleshed, $41-$45; lean, $35-$41; young age verified, $42-$53; and good bulls, $50-$68.75.

Feeder steers weighing 900-1,000 lbs. brought $80-$89; 800-900 lbs., $86-$94; 700-800 lbs., $92-$103; 600-700 lbs., $102-$118; 500-600 lbs., $108-$122; and 400-500 lbs., $110-$130.

Feeder heifers weighing 900-1,000 lbs. traded from $70 to $75; 800-900 lbs., $79-$86.50; 700-800 lbs., $85-$90; 600-700 lbs., $88-$102.25; 500-600 lbs., $92-$110; and 400-500 lbs., $95-$108.50.

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