Demand Boosts Optimism Heading Into Fall Run – for Sep. 2, 2010

Both prices and quantity were up for the week ending Aug. 27 across Manitoba’s auction marts, as cattle producers and buyers ready themselves for the long-awaited fall run.

The Ashern Auction Mart held its second sale since the summer break, with 181 cattle being sold.

Buddy Bergner, the manager at Ashern, said he was very pleased with what transpired at its weekly sale Aug. 25.

“Cows were steady bringing 60 (cents per pound), bulls were up to 75 (cents per pound), nine-week steers bringing $1.05, 770-pound steers bringing $1.14, 850- lb. heifers bringing close to $1. It was a very good sale,” Bergner said.

It is a good time to be a producer in the cattle industry, he said.

“There just seems to be a real demand for cattle right now. Just demand from everywhere,” he said. “There seems to be a fair bit of optimism in the market right now.”

Bergner said he fully expects to see prices go up as the fall run picks up throughout the autumn, which he said is normal. He also said to expect volumes to go up as the cattle come off the pastures.

With the surplus of moisture most parts of Manitoba have experienced, Bergner said the cattle that were sold were looking rather healthy. There are no worries as far as feed is concerned for the winter, he said.

Most auction marts across the province saw increased volumes during the week ending Aug. 27, with the largest numbers being seen in Virden, where 1,331 cattle came through the gates.

FROM THE AUCTION FLOORS

Note:Allprices in Canadian dollars per hundredweight. These prices also generally represent the top one-third of sales repor ted by the auct ion yard.

Ashern Livestock Mart:An estimated 180 head of cattle were sold at the sale held Aug. 25.

In the slaughter market, age-verified D1 and D2 cows traded for $55 to $61.75; D3 and D5 cows, $50-$55; older shelly cows, $40 and up; and good bulls, $60-$74.

Feeder steers weighing 900-1,000 lbs. ranged from $91 to $103; 800-900 lbs., $99-$103.25; and 700-800 lbs., $100-$114.50. Feeder heifers weighing 800-900 lbs. brought $85-$102.25; 700- 800 lbs., $89-$110; and 600- 700 lbs., $90-$110.50.

Gladstone Auction Mart: There were not enough cattle sold this week for a market report.

Grunthal Livestock Auction Mart:There were not enough cattle sold this week for a market report.

Heartland Livestock Services, Brandon:A total of 306 cattle were on offer in Brandon during the week. A1-A2 steers traded from $80 to $86.75; A1-A2 heifers, $79-$85.50; D1-D2 cows, $52-$58, age verified $59- $63; feeder cows, $45-$52; shells, $30-$45; and good bulls, $73-$77.

Feeder steers weighing 900-1,000 lbs. sold from $96 to $108; 800-900 lbs., $100- $110; 700-800 lbs., $105- $116.25; 600-700 lbs., $110- $119.75; 500-600 lbs., $110- $120; and 400-500 lbs., $112- $130.

Feeder heifers weighing 900-1,000 lbs. sold from $88 to $99; 800-900 lbs. , $90-$100; 700-800 lbs., $95- $107.50; 600-700 lbs., $98- $108; 500-600 lbs., $102- $113.50; 400-500 lbs., $105- $116.50; and 300-400 lbs., $108-$118.

Heartland Livestock Services, Virden:There were about 1,131 cattle sold at the sale held Aug. 25. Butcher steers brought $82-$85.75 while butcher heifers sold from $80 to $84.25. Ageverified/ young cows sold from $59 to $64; D1-D2 cows, $58-$62; D3 cows, $54-$57; shelly cows, $48-$54; and mature bulls, $71-$76.50.

Feeder steers weighing 900-1,000 lbs. brought $97- $108.75; 800-900 lbs., $102- $112; 700-800 lbs., $105- $116.50; 600-700 lbs., $109- $120; 500-600 lbs., $112- $125.50; and 400-500 lbs., $118-$134.

Feeder heifers weighing 900-1,000 lbs. traded from $90 to $98.75; 800-900 lbs., $92-$102; 700-800 lbs., $96- $105; 600-700 lbs. , $99- $108.50; 500-600 lbs., $100- $113; and 400-500 lbs., $102- $113.

Killarney Auction Mart: There were 142 cattle sold at the sale held Aug. 26.

In the slaughter market, age-verified cows ranged from $57 to $62; D1-D2 cows, $55-$61.50; D3-D4 cows, $45-$54; and bulls, $65.50-$77.

Feeder steers weighing 900-1,000 lbs. brought $91- $103.50; 800-900 lbs., $95- $107.75; 700-800 lbs., $103- $110; 600-700 lbs., $111.50- $116.50; 500-600 lbs., $111- $119; and 400-500 lbs., $101- $118.

Feeder heifers weighing 900-1,000 lbs. traded from $86 to $94.50; 800-900 lbs., $88-$97.50; 700-800 lbs. , $85-$103.50; 600-700 lbs., $96-$102.50; and 500-600 lbs., $95-$107.

Pipestone Livestock Sales: Closed until the end of August.

Ste. Rose Auction Mart:A total of 725 cattle were sold at the Aug. 26 sale. In the slaughter market, D1 and D2 cows ranged from $51 to $57; D3-D4 cows, $38-$51; and bulls, $73-$77.75.

Feeder steers weighing 900-1,000 lbs. brought $95- $105.50; 800-900 lbs., $100- $107.50; 700-800 lbs., $105- $117; 600-700 lbs., $105- $116; and 500-600 lbs., $110- $117.

Feeder heifers weighing 900-1,000 lbs. traded from $85 to $93.50; 800-900 lbs., $95-$102.75; 700-800 lbs., $98-$106.50; 600-700 lbs., $105-$110.50; and 500-600 lbs., $105-$112.

Taylor Auctions, Melita:A total of 100 cattle were sold at the Aug. 26 sale. In the slaughter market, D1 and D2 cows ranged from $58 to $63; D3-D4 cows, $50-$58; A1-A2 steers over 1,000 lbs., were sold for $86-$89; A1-A2 heifers over 850 lbs., $84-$87.

Feeder steers weighing 900- 1,000 lbs. brought $95-$102; 800-900 lbs., $104-$109; 700- 800 lbs., $110-$118; 600-700 lbs., $112-$122; 500-600 lbs., $115-$124; 400-500 lbs., $118- $128; and 300-400 lbs., $120- $130.

Feeder heifers weighing 800-900 lbs. brought $90- $100; 700-800 lbs., $95-$105; 600-700 lbs., $100-$108; 500- 600 lbs., $105-$110; 400-500 lbs., $105-$115; 300-400 lbs., $110-$120.

Winnipeg Livestock Sales: There were about 270 head of cattle sold during the week ending Aug. 27.

In the slaughter market, choice steers and heifers sold from $85 to $90; select steers and heifers, $80-$84; dry fed cows, $50-$54; good fleshed, $47-$50; lean, $42- $46; young age verified, $50- $64; and good bulls, $66- $75.

Feeder steers weighing 800-900 lbs. brought $100- $106.50; 700-800 lbs., $105- $112; 600-700 lbs., up to $115; and 500-600 lbs., $115- $121.

Feeder heifers weighing 800-900 lbs. traded from $90 to $94; 700-800 lbs., $95- $105; 600-700 lbs., $100- $107.25; and 500-600 lbs., up to $110.

– Brent Harder writes for Resource News International

(RNI), a Winnipeg company specializing in grain and

commodity market reporting.

———

– Buddy Bergner

Itisagoodtimeto beaproducerinthe cattleindustry.

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