Feedlot Demand Cranks Volume On “Quiet” October

Cattle prices and movement increased at auction marts in Manitoba the week ending Oct. 14.

October is usually a big month to move cattle and it s been quiet up to now, so we re expecting the numbers to come, said Rick Wright, a cattle buyer for Heartland Order Buying Co.

Demand from feedlots from both the East and the West was very strong, he said. That demand also contributed to the price increase in lightweight yearlings, he said.

The price difference between heifers and steers has also narrowed, Wright said. Heifer prices were 25 cents below those for steers a few weeks ago; the gap is now 10-12 cents, he said.

Lower cattle supply and brisk futures markets have contributed to an upward trend, he added, and with the lower Canadian dollar, he expects demand to pick up for cattle. More interest is also expected from Eastern Canada as harvest there starts to wrap up.

From the auction floors

Note:AllpricesinCanadiandollarsperhundredweight.Thesepricesalsogenerallyrepresentthetopthirdofsalesreported.

Ashern Auction Mart:About 1,840 head of cattle were sold Oct. 12 including 100 slaughter cattle and 1,740 feeders. In the slaughter market, D1 and D2 cows sold from $58 to $64; D3 and D5 cows, $50 and up; age verified, $62-$73; and good bulls, $70-$84.50.

Feeder steers at 900-1,000 lbs. sold from $105 to $128; 800-900 lbs., $110-$137; 700-800 lbs., $130-$146; 600-700 lbs., $140-$160; 500-600 lbs., $150-$170; 400-500 lbs., $160-$182; and 300-400 lbs., $200-$213.

Feeder heifers at 800-900 lbs. went for $105-$127; 700-800 lbs., $116-$130; 600-700 lbs., $118-$133; 500-600 lbs., $130-$153; 400-500 lbs., $140-$166; and 300-400 lbs., $140-$161.

Gladstone Auction Mart:There were 967 cattle sold Oct. 11. For slaughter, cows fetched $45-$70 and bulls, $65-$77.

Feeder steers at 800-900 lbs. got $120-$135.50; 700-800 lbs., $125-$142.50; 600-700 lbs., $125-$157.50; 500-600 lbs., $130-$175.50; 400-500 lbs., $130-$194; and 300-400 lbs., $132-$218.

Feeder heifers at 900-1,000 lbs. fetched $100-$116; 800-900 lbs., $110-$121.50; 700-800 lbs., $105-$133; 600-700 lbs., $105-$133.50; 500-600 lbs., $100-$150.50; 400-500 lbs., $100-$159; and 300-400 lbs., $110-$177.

Grunthal Livestock Auction Mart:There were 71 slaughter cattle and 874 feeders sold Oct. 11. Fleshy export cows fetched $57-$60.50; lean export cows, $50-$55; mature cows, $48-$55; feeding cows, $60-$65; and export bulls, $70-$74.

Feeder heifers weighing 900-1,000 lbs. fetched $100-$110.50; 800-900 lbs., $110-$123; 700-800 lbs., $115-$125.25; 600-700 lbs., $120-$131.50; 500-600 lbs., $130-$149; 400-500 lbs., $145-$157; and under 400 lbs., $155-$180.

Feeder steers at 900-1,000 lbs. went for $105-$117.50; 800-900 lbs., $116-$129.50; 700-800 lbs., $128-$137; 600-700 lbs., $136-$149.50; 500-600 lbs., $148-$162; 400-500 lbs., $160-$183; and under 400 lbs., $170-$220.

Heartland Livestock Services, Brandon:A total of 1,520 cattle were on offer at Brandon the week ending Oct. 14. For slaughter, D1-D2 cows traded from $63 to $67; D3 cows, $54-$62; and mature bulls, $74-$80.

Feeder steers at 900-1,000 lbs. sold from $112 to $122; 800-900 lbs., $120-$136.50; 700-800 lbs., $132-$145; 600-700 lbs., $135-$157; 500-600 lbs., $150-$175.50; 400-500 lbs., $165-$197; and 300-400 lbs., $170-$205.

Feeder heifers at 900-1,000 lbs. sold from $95 to $111; 800-900 lbs., $110-$122; 700-800 lbs., $115-$131; 600-700 lbs., $125-$139.50; 500-600 lbs., $135-$153; 400-500 lbs., $140-$170; and 300-400 lbs., $140-$190.

Heartland Livestock Services, Virden:At the sale held Oct. 12, 1,826 head of cattle were on offer. For slaughter, steers brought $94-$98.75, while heifers fetched $93-$97.75. Age-verified young cows traded from $61 to $66.50; D1-D2 cows, $59-$64; D3 cows, $56-$59; shelly cows, $45-$55; and mature bulls, $73-$78.50.

Feeder steers weighing 900-1,000 lbs. traded from $115 to $122.75; 800-900 lbs., $125-$135; 700-800 lbs., $134-$145; 600-700 lbs., $139-$155; 500-600 lbs., $145-$167; 400-500 lbs., $160-$192; and 300-400 lbs., $175-$215.

Feeder heifers at 900-1,000 lbs. brought $108-$117; 800-900 lbs., $113-$122.50; 700-800 lbs., $119-$129; 600-700 lbs., $124-$138; 500-600 lbs., $129-$147; and 400-500 lbs., $145-$170.

Killarney Auction Mart:There were 637 cattle on offer Oct. 14. In the slaughter market, D1-D2 cows brought $54-$60 while D3-D4 cows sold from $45 to $55. Young feeder cows brought $60-$70, and slaughter bulls, $69-$75.

Feeder steers weighing 700-800 lbs. sold from $125 to $142; 600-700 lbs., $130-$153; 500-600 lbs., $140-$166; 400-500 lbs., $145-$189.50; and 300-400 lbs., $165-$197.

Feeder heifers at 700-800 lbs. brought $116-$129; 600-700 lbs., $118-$136.50; 500-600 lbs., $125-$147.50; 400-500 lbs., $145-$168; and 300-400 lbs., $145-$170.

Ste. Rose Auction Mart:A total of 1,838 cattle were sold Oct. 13. In the slaughter market, D1 and D2 cows ranged from $55 to $65; D3 and D4 cows, $50-$54; canners, $40-$51; slaughter bulls, $70-$76; and medium bulls, $60-$70.

Feeder steers at 800-900 lbs. fetched $120-$133; 700-800 lbs., $125-$144; 600-700 lbs., $130-$159; 500-600 lbs., $150-$178; 400-500 lbs., $165-$201.50; and 300-400 lbs., $160-$205.

Feeder heifers at 800-900 lbs., brought $108-$120; 700-800 lbs., $115-$133; 600-700 lbs., $120-$143; 500-600 lbs., $130-$154; 400-500 lbs., $140-$173 and 300-400 lbs., $150-$176.

Taylor Auctions, Melita:The sale held Oct. 13 saw 90 slaughter cattle and 790 feeders sold. For slaughter, D1 and D2 cows sold from $58 to $68; D3 and D5 cows, $50-$58; and good bulls, $72-$78.

Feeder steers at 900-1,000 lbs. brought $105-$120; 800-900 lbs., $120-$132; 700-800 lbs., $130-$138; 600-700 lbs., $135-$150; 500-600 lbs., $140-$155; 400-500 lbs., $160-$190; and 300-400 lbs., $190-$209.

Feeder heifers weighing 900-1,000 lbs., traded from $100 to $110; 800-900 lbs., $105-$118; 700-800 lbs., $115-$124; 600-700 lbs., $120-$135; 500-600 lbs., $140-$150; 400-500 lbs., $150-$165 and 300-400 lbs., $160-$175.

Winnipeg Livestock Sales:A total of 1,580 head of cattle sold Oct. 14, of which 310 were for the slaughter sector and 1,270 as feeders.

In the slaughter market, dry fed cows brought $54-$57; good fleshed cows, $50-$55; lean cows, $45-$50; young age verified, $48-$62; and good bulls, $68-$76.

Feeder steers at 900-1,000 lbs. brought $110-$120; 800-900 lbs., $120-$135.75; 700 to 800 lbs., $125-$139; 600-700 lbs., $140-$155.50; 500-600 lbs., $145-$172.50; 400-500 lbs., $150-$185; and under 400 lbs., $150-$200.

Feeder heifers weighing 900-1,000 lbs. brought $100-$114.50; 800-900 lbs., $110-$120; 700-800 lbs., $115-$126.50; 600-700 lbs., $120-$135; 500-600 lbs., $125-$146; 400-500 lbs., $130-$158; and under 400 lbs., $140-$167.

Canada, a Winnipeg company specializing in grain and commodity market reporting.

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