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Demand Offsets Dollar, Sustains Values

There was some fairly brisk movement of cattle to the auction yards in Manitoba during the week ended April 30. The marketings were largely dependent on the region of the province. Values for the cattle sold were able to hold steady, if not improve slightly, from the previous week’s level.

“I would say there was some pretty heavy movement in some areas,” said Buddy Bergner of Ashern Auction Mart. “Values for grass cattle continued to stay strong as did the prices for slaughter cattle.”

Bergner attributed the strong base price for most classes of cattle to the demand situation, which was also on the strong side. “What was particularly interesting is that the values were able to hold firm despite the relative strength of the Canadian dollar,” he said.

The Canadian dollar again managed to move toward parity with the U. S. greenback during the week, but failed to penetrate that level. On Friday the Canadian unit suffered a pretty large setback, pulling back down into the US98.35-cent level.

The demand for grass cattle continued to come from a variety of producers, who continue to hold a more optimistic view of the longer-term price outlook. Packer demand for slaughter animals was also described as strong.

“The demand factor came from all locations, east, west, and even from the U. S.,” Bergner said. Shortage of available cattle in the U. S. helped to spur the U. S. buying interest in Manitoba’s cattle.

U. S. buyers were said to be more interested in the age-verified cattle, but that didn’t stop them from looking at other animals.

There were some big discounts still being applied for poor-quality cattle, Bergner cautioned.

Producers in certain areas of the province have already begun to turn cattle out to pasture, he said. “It really depends on the area, but in some regions, everything was ahead of schedule, including the greening of pastures.”

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 Auction Mart: An estimated 2,380 head of cattle were sold at the sale April 28. In the slaughter market, older shelly cows traded for $30 and up; age-verified D1 and D2 cows, $52-$64; D3 and D5 cows, $42-$50; fat steers, $82-$84; fat heifers, $80-$84; and good bulls, $60-$73.

Feeder steers weighing 800-900 lbs. ranged from $84 to $98; 700-800 lbs., $95-$109; 600-700 lbs., $104-$122; 500-600 lbs., $109-$128; and 400-500 lbs., $108-$130.

Feeder heifers weighing 800-900 lbs. brought $80-$92; 700-800 lbs., $88-$96; 600-700 lbs., $85-$109; 500-600 lbs., $90-$115; and 400-500 lbs., $95-$111.

Gladstone Auction Mart: The April 27 sale saw a total of 1,264 head of cattle sold at the Gladstone yard. In the slaughter market, bulls sold from $55 to $68 while cows brought $30-$50, with age verified up to $55.

Feeder steers in the 900-to 1,000-lb. weight category traded from $80 to $93.50; 800-900 lbs., $80-$99.50; 700-800 lbs., $90-$108.50; 600-700 lbs., $95-$122; 500-600 lbs., $100-$130.50; 400-500 lbs., $105-$133; and 300-400 lbs., $110-$136.50.

Feeder heifers weighing 900-1,000 lbs. sold from $71 to $92; 800-900 lbs., $75-$94.50; 700-800 lbs., $75-$104.50; 600-700 lbs., $80-$107.50; 500-600 lbs., $80-$114.50; 400-500 lbs., $95-$117; and 300-400 lbs., $100-$120.

Grunthal Livestock Auction Mart: There were 88 slaughter cattle and 619 feeders sold at the Grunthal yard April 28. In the slaughter market, fleshy export cows traded from $52 to $55.25; lean export cows, $46-$51; mature cows, $45-$48; feeding cows, $49-$55; export bulls, $63-$68.25; and mature bulls, $60-$64.

Feeder heifers weighing 800-900 lbs. sold from $78 to $89; 700-800 lbs., $89-$99; 600-700 lbs., $98-$113.50; 500-600 lbs., $107-$115; 400-500 lbs., $109-$116; and under 400 lbs., $108-$118.

Feeder steers weighing 800-900 lbs., sold from $89 to $97.75; 700-800 lbs., $95-$104.75; 600-700 lbs., $100-$116; 500-600 lbs., $114-$124; 400-500 lbs., $118-$124; and under 400 lbs., $115-$125.

Heartland Livestock Services, Brandon: A total of 1,061 cattle were on offer in Brandon during the week. A1-A2 steers traded from $82 to $85.50; D1-D2 cows, $55-$61; feeder cows, $48-$54; and shells, $20-$35.

Feeder steers weighing 900-1,000 lbs. sold from $85 to $93; 800-900 lbs., $90-$101.25; 700-800 lbs., $95-$109.75; 600-700 lbs., $105-$118; 500-600 lbs., $110-$125; 400-500 lbs., $115-$136.50; and 300-400 lbs., $120-$133.

Feeder hei fers weighing 900-1,000 lbs. sold from $78 to $81.75; 800-900 lbs., $80-$88.50; 700-800 lbs., $90-$103.50; 600-700 lbs., $92-$109; 500-600 lbs., $95-$112.25; 400-500 lbs., $100-$115.50; and 300-400 lbs., $105-$113.

Heartland Livestock Services, Virden: There were about 1,652 cattle sold at the sale held April 28. Butcher steers brought $80-$84 while butcher heifers sold from $78 to $83. Age-verified/ young cows sold from $55 to $60.50; D1-D2 cows, $52-$57; D3 cows, $48-$52; shelly cows, $44-$48; and mature bulls, $64-$71.

Feeder steers weighing 900-1,000 lbs. brought $85-$92.75; 800-900 lbs., $90-$99; 700-800 lbs., $98-$108; 600-700 lbs., $107-$120; 500-600 lbs., $110-$125; 400-500 lbs., $115-$130; and 300-400 lbs., $118-$133.

Feeder heifers weighing 900-1,000 lbs. traded from $76 to $81.75; 800-900 lbs., $79-$89; 700-800 lbs., $86-$95; 600-700 lbs., $94-$105; 500-600 lbs., $98-$109.75; and 400-500 lbs., $99-$113.

Killarney Auction Mart: There were 361 cattle sold at the April 29 sale. In the slaughter market, D1 and D2 cows went from $55 to $65; D3 and D4 cows, $40-$54; and bulls, $55-$70.

Feeder steers weighing 900-1,000 lbs. sold from $82.50 to $86; 800-900 lbs., $79-$97.50; 700-800 lbs., $90.50-$108; 600-700 lbs., $92-$115; 500-600 lbs., $96-$119.75; 400-500 lbs., $99-$130.50; and 300-400 lbs., $120.50.

Feeder heifers weighing 900-1,000 lbs. brought $68-$84; 800-900 lbs., $81-$85.50; 700-800 lbs., $77-$94.50; 600-700 lbs., $85.50-$102.50; 500-600 lbs., $92-$109.50; 400-500 lbs., $95-$109; and 300-400 lbs., $70-$86.

Pipestone Livestock Sales: There were 490 cattle sold at the sale held April 26. In the slaughter market, D1 cows sold from $51.75-$59; D2 cows, $42-$49; D3 cows, $28-$39; and bulls, $67-$73.75.

Feeder steers weighing 800-900 lbs. fetched $88-$102; 700-800 lbs., $92-$112; 600-700 lbs., $101-$118; 500-600 lbs., $108-$132; and 400-500 lbs., $109-$138.

Feeder heifers weighing 800-900 lbs. traded from $80 to $92; 700-800 lbs., $82-$96; 600-700 lbs., $84-$109; 500-600 lbs., $99-$109; and 400-500 lbs., $98-$111.

Ste. Rose Auction Mart: A total of 1,075 cattle were sold at the April 29 sale. In the slaughter market, D1 and D2 cows ranged from $45-$52; D3-D4 cows, $34-$42; and bulls, $68-$75.

Feeder steers weighing 800-900 lbs. traded from $90 to $98; 700-800 lbs., $98-$112; 600-700 lbs., $110-$122; 500-600 lbs., $110-$133; 400-500 lbs., $115-$134; and 300-400 lbs., $115-$134.

Feeder heifers weighing 800-900 lbs. brought $85-$94.50; 700-800 lbs., $90-$101.75; 600-700 lbs., $95-$108; 500-600 lbs., $98-$113; 400-500 lbs., $100-$114; and 300-400 lbs., $100-$110.

Taylor Auctions, Melita: The sale held April 29 resulted in 300 cattle being sold. In the slaughter market, A1 and A2 steers over 1,000 lbs. brought $82-$86; A1 and A2 heifers over 850 lbs., $80-$83; D1 and D2 cows, $55-$60; D3 and D5 cows, $45-$55; and good bulls, $63-$68.

Feeder steers weighing 900-1,000 lbs. brought $85-$92; 800-900 lbs., $90-$98; 700-800 lbs., $95-$100; 600-700 lbs., $100-$108; 500-600 lbs., $105-$118; 400-500 lbs., $110-$125 and 300-400 lbs., $120-$130.

Feeder heifers weighing 800-900 lbs. traded from $82 to $90; 700-800 lbs., $88-$98; 600-700 lbs., $95-$104; 500-600 lbs., $95-$104; 400-500 lbs., $95-$105; and 300-400 lbs., $100-$110.

Winnipeg Livestock Sales: There were about 1,430 head of cattle sold during the week ending April 30. In the slaughter market, choice steers and heifers sold from $80 to $83; select steers and heifers, $77-$80; dry fed cows, $46-$51; good fleshed, $42-$48; lean, $35-$42; young age verified, $43-$58; and good bulls, $60-$74.75.

Feeder steers weighing 800-900 lbs. brought $92-$99.50; 700-800 lbs., $97-$107; 600-700 lbs., $105-$113; 500-600 lbs., $105-$125; 400-500 lbs., $110-$125; and 300-400 lbs., $115-$130.

Feeder heifers weighing 800-900 lbs. traded from $86 to $94; 700-800 lbs., $90-$98.25; 600-700 lbs., $85-$105.50; 500-600 lbs., $100-$110; and 400-500 lbs., $105-$114.50.

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