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Cow And Bull Prices Resist Dollar’s Downward Draw

Marketi ngs of cattle in Manitoba again var ied widely, wi t h some auction marts seeing some pretty good movement while others were on the lighter side, as producers take advantage of favourable weather to concentrate on fall field work rather than animal movement.

Values for the various classes of cattle marketed in the province continued to hold mostly steady levels. Discounts on poor-quality cattle continued to be fairly large.

“The delay in marketing cattle is continuing in some areas as producers are taking care of a lot of items on the farm while the warm and dry weather conditions hold,” said Buddy Bergner at Ashern Livestock Yards.

He also pointed out that pastures for grazing continue to be in mostly good shape, which is helping to keep producers from having to market animals.

“With the pastures in good shape, the cattle are still putting on pounds with the grass,” Bergner said.

Cow and bull prices also held fairly steady levels despite the Canadian dollar’s movements, Bergner said. He felt there had been some concern that cattle values would slip downward a bit, especially as the Canadian dollar began to move toward parity with U. S. currency.

The continued good demand for cattle helped to maintain the steady price situation.

A lot of the packer demand for Manitoba feeder cattle continued to come from locations in both eastern and western areas of Canada, while very few shipments were being trucked to the U. S. because of the dollar situation, Bergner said.

The yearling price outlook “continues to look better than it has in the past and, with the prices definitely higher than what they were a year ago, has created some extra interest,” Bergner said. “The price outlook isn’t great, but it is better than what it was.”

The improved price outlook also continued to reflect reduced cattle numbers in Western Canada, Bergner said.

Discounts on poor-quality cattle were said to range widely, but were generally in the eight-to 12-cent area, he said.

FROM THE AUCTION FLOORS

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

Ashern Livestock Mart:An estimated 1,691 head of cattle were sold at the sale held Oct. 6. Included in the sale were 151 slaughter cattle and 1,540 feeders.

In the slaughter market, older shelly cows sold for $25 and up; age-verified D1 and D2 cows, $48-$52; D3 and D5 cows, $40- $48; and good bulls $60-$72.75.

Feeder steers weighing over 1,000 lbs. ranged from $92 to $97.85; 900-1,000 lbs., $94-$104; 800-900 lbs., $95-$112; 700- 800 lbs., $100-$116.75; 600-700 lbs., $105-$132.50; 500-600 lbs., $110-$133.50; 400-500 lbs., $120- $145.50; and 300-400 lbs., $125- $155.

Feeder heifers weighing 900- 1,000 lbs. brought $85-$96; 800- 900 lbs., $90-$104.75; 700-800 lbs., $95-$110.30; 600-700 lbs., $99-$109; 500-600 lbs., $98-$114; 400-500 lbs., $101-$120; and 300- 400 lbs., $110-$129.

Gladstone Auction Mart: The Oct. 5 sale saw a total of 1,088 head of cattle sold at the Gladstone yard. In the slaughter market, bulls sold from $58- $63.75, while cows brought $35- $54.

Feeder steers in the 900-to 1,000-lb. weight category traded from $85 to $106; 800-900 lbs., $90-$113.75; 700-800 lbs., $100- $115; 600-700 lbs., $95-$128; 500- 600 lbs., $110-$141.50; 400-500 lbs., $110-$149; and 300-400 lbs., $110-$155.

Feeder heifers weighing 900- 1,000 lbs. sold from $70 to $91; 800-900 lbs., $84-102.50; 700-800 lbs., $85-$108; 600-700 lbs., $90- $111; 500-600 lbs., $90-$118.50; 400-500 lbs., $95-$126; and 300- 400 lbs., $105-$126.

Grunthal Livestock Auction Mart:There were 128 slaughter cattle and 429 feeders sold at the Grunthal yard Oct. 6. In the slaughter market, fleshy export cows traded from $52 to $58.50; lean export cows, $46-$53; mature cows, $44-$50; feeding cows, $49- $58; export bulls, $62-$69.25; and mature bulls, $58-$62.

Feeder heifers weighing 800- 900 lbs. sold from $90 to $100; 700-800 lbs., $94-$102.75; 600- 700 lbs., $95-$105; 500-600 lbs., $102-$110.25; 400-500 lbs., $110- $116.50; and under 400 lbs., $112- $127.

Feeder steers weighing 900- 1,000 lbs. traded from $90 to $100.50; 800-900 lbs., $99-$111; 700-800 lbs., $102-$113; 600-700 lbs., $110-$121.50; 500-600 lbs., $120-$130.50; 400-500 lbs., $130- $146.50; and under 400 lbs., $120- $146.

Heartland Livestock Services, Brandon:A total of 829 cattle were on offer in Brandon during the week. In the slaughter market, A1-A2 steers sold from $80 to $85.75; A1-A2 heifers, $80-$84; D1-D2 cows, $48-$55, age verified up to $57; D3 cows, $42-$48; and good bulls, $66-$69.75.

Feeder steers weighing 900- 1,000 lbs. ranged from $95 to $102.25; 800-900 lbs., $98-$111.50; 700-800 lbs., $108-$118.75; 600- 700 lbs., $112-$125.75; 500-600 lbs., $115-$136.50; 400-500 lbs., $125-$154.50; and 300-400 lbs., $135-$158.

Feeder heifers weighing 900- 1,000 lbs. brought $85-$90.50; 800-900 lbs., $90-$102.25; 700-800 lbs., $92-$150.50; 600-700 lbs., $98-$111.75; 500-600 lbs., $100- $113; 400-500 lbs., $110-$123.50; and 300-400 lbs., $115-$126.

Heartland Livestock Services, Virden:There were about 1,521 cattle sold at the sale held Oct. 6. Butcher steers brought $81- $84.75 while butcher heifers sold from $80 to $83.50. Age-verified/ young cows sold from $53 to $57; D1-D2 cows, $50-$54; D3 cows, $47-$50; shelly cows, $42-$47; and mature bulls, $64-$68.75.

Feeder steers weighing 900- 1,000 lbs. brought $96-$104.25; 800-900 lbs., $103-$112.75; 700- 800 lbs., $107-$115.50; 600-700 lbs., $111-$123; 500-600 lbs., $115-$130; 400-500 lbs., $125- $142; and 300-400 lbs., $128- $152.

Feeder heifers weighing 900- 1,000 lbs. traded from $88 to $96.75; 800-900 lbs., $92-$101.25; 700-800 lbs., $97-$105; 600-700 lbs., $100-$109.75; 500-600 lbs., $104-$112.75; and 400-500 lbs., $110-$124.

Killarney Auction Mart:There were 419 cattle sold at the Oct. 7 sale. In the slaughter market, D1 and D2 cows ranged from $48 to $53.75; D3 and D4 cows, $40.50- $52; and bulls, $60.25-$65.25.

Feeder steers weighing over 900 lbs. sold for $69.50-$95; 800-900 lbs., $89-$103; 700-800 lbs., $102.50-$111; 600-700 lbs., $103.50-$122; 500-600 lbs., $110- $132; 400-500 lbs., $124-$145; and 300-400 lbs., $126-$147.50.

Feeder heifers weighing over 900 lbs. brought $82.50; 800-900 lbs., $86-$90; 700-800 lbs., $92- $104.50; 600-700 lbs., $103-$112; 500-600 lbs., $109-$120; 400-500 lbs., $113-$123; and 300-400 lbs., $121.

Ste. Rose Auction Mart:A total of 1,039 cattle were sold at the Oct. 7 sale. In the slaughter market, D1 and D2 cows ranged from $50 to $55; D3-D4 cows, $43-$50; canners, $30-$42; and bulls, $63-$71.

Feeder steers weighing 900- 1,000 lbs. brought $98-$106; 800- 900 lbs., $102-$112; 700-800 lbs., $107-$114; 600-700 lbs., $116- $130; 500-600 lbs., $125-$138; and 400-500 lbs., $125-$149.50.

Feeder heifers weighing 800- 900 lbs. traded from $90 to $101; 700-800 lbs., $98-$104; 600-700 lbs., $102-$110; 500-600 lbs., $105-$115; and 400-500 lbs., $110-$127.

Taylor Auctions, Melita:The sale held Oct. 7 resulted in 80 slaughter cattle and 531 feeders being sold. In the slaughter market, A1 and A2 steers over 1,000 lbs. ranged from $82 to $85.50 while heifers over 850 lbs. sold from $80 to $84; D1 and D2 cows, $50-$58; D3 and D5 cows, $45- $50; and good bulls, $62-$68.

Feeder steers weighing 900- 1,000 lbs. brought $95-$100; 800- 900 lbs., $100-$114; 700-800 lbs., $105-$115; 600-700 lbs., $115- $124; 500-600 lbs., $120-$130; 400-500 lbs., $125-$140; and 300- 400 lbs., $130-$148.

Feeder heifers weighing 800- 900 lbs. traded from $95 to $100; 700-800 lbs., $98-$105; 600-700 lbs., $100-$108; 500-600 lbs., $105- $112; 400-500 lbs., $110-$120; and 300-400 lbs., $115-$125.

Winnipeg Livestock Sales: There were about 825 head of cattle sold during the week ending Oct. 8. In the slaughter market, dry fed cows sold from $45 to $48; good fleshed, $40-$45; lean, $35-$40; young age verified, $44-$52.50; and good bulls, $60- $69.50.

Feeder steers weighing 900- 1,000 lbs. fetched $95-$104.50; 800-900 lbs. brought $100- $111.50; 700-800 lbs., $104-$112; 600-700 lbs., $110-$127; 500-600 lbs., $112-$136.50; 400-500 lbs., $115-$144; and under 400 lbs., $118-$155.

Feeder heifers weighing 900- 1,000 lbs. traded from $84 to $94; 800-900 lbs., $90-$99; 700-800 lbs., $95-$104; 600-700 lbs., $95- $104; 500-600 lbs., $100-$111.50; 400-500 lbs., $105-$126; and under 400 lbs., $110-$127.

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