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Steady Demand Supports Prices

Marketi ngs of cattle at the auction yards in Manitoba during the week ended April 23 were again fairly strong, with the numbers dependent on the region of the province. Price levels for most classes of cattle held steady if not a bit stronger.

However, there continued to be large discounts for poor-quality and fleshy animals.

“There are definitely some good values being paid out for good-quality animals, with steady to strong demand the key supportive price influence,” said Scott Anderson of Winnipeg Livestock Sales.

Demand for cows and bulls continued to stay strong from the packing sector in both Eastern and Western Canada and as a result, values held firm as well, he said. U. S. demand for these types of animals was also seen as “pretty” good.

Values for grass cattle also held strong, given the demand for these types of animals. Anderson noted “a lot of different faces showing up to see if they can get a few of these animals that we haven’t seen before.”

The fluctuations in the value of the Canadian dollar also continued to play a role in the prices being paid out for the cattle, Anderson cautioned.

The Canadian dollar managed to trade above parity with the U. S. dollar in the early part of the week, with some financial analysts predicting the loonie could move to the US$1.10 level in the not-too-distant future. The strength of the Canadian unit was being tied to the fact Canada’s economy was recovering faster than the U. S. and would cause the Bank of Canada to raise interest rates sooner rather than later. At the close of trade Friday, the Canadian unit was worth US$1.0009.

Prices for good-quality heifers and steers also remained steady to firm in view of steady demand.

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 2,718 head of cattle were sold at the sale held April 21. In the slaughter market, older shelly cows traded for $20 and up; age-verified D1 and D2 cows, $50-$58; D3 and D5 cows, $40-$50; and good bulls, $60-$75.50.

Feeder steers weighing 800-900 lbs. ranged from $90 to $101; 700-800 lbs., $95-$110; 600-700 lbs., $105-$122; 500-600 lbs., $110-$131; and 400-500 lbs., $115-$128.

Feeder heifers weighing 800-900 lbs. brought $80-$99; 700-800 lbs., $95-$105; 600-700 lbs., $102-$114; 500-600 lbs., $100-$118 and 400-500 lbs., $105-$114.

Gladstone Auction Mart: The April 20 sale saw a total of 1,252 head of cattle sold at the Gladstone yard. In the slaughter market, bulls sold from $50 to $72.75 while cows brought $18-$54, with age verified up to $60.

Feeder steers in the 900-to 1,000-lb. weight category traded from $85 to $92; 800-900 lbs., $80-$99; 700-800 lbs., $85-$112; 600-700 lbs., $90-$119.50; 500-600 lbs., $90-$127.25; 400-500 lbs., $90-$132.50; and 300-400 lbs., $90-$133.

Feeder heifers weighing 900-1,000 lbs. sold from $60 to $77; 800-900 lbs., $75-$94; 700-800 lbs., $80-$103.75; 600-700 lbs., $80-$110.75; 500-600 lbs., $85-$114; 400-500 lbs., $90-$118.75; and 300-400 lbs., $90-$118.

Grunthal Livestock Auction Mart: There were 135 slaughter cattle and 681 feeders sold at the Grunthal yard on April 21. In the slaughter market, fleshy export cows traded from $51 to $55.25; lean export cows, $45-$49; mature cows, $40-$47; feeding cows, $48-$56; export bulls, $62-$68.25; and mature bulls, $57-$61.

Feeder heifers weighing 800-900 lbs. sold from $82 to $90; 700-800 lbs., $90-$97; 600-700 lbs., $97-$108; 500-600 lbs., $107-$117; 400-500 lbs., $105-$116 and under 400 lbs., $108-$117.

Feeder steers weighing 800-900 lbs. sold from $89 to $96.50; 700-800 lbs., $96-$105.50; 600-700 lbs., $103-$118.50; 500-600 lbs., $117-$124; 400-500 lbs., $119-$126; and under 400 lbs., $120-$139.

Heartland Livestock Services, Brandon: A total of 956 cattle were on offer in Brandon during the week. Butcher steers traded from $83 to $87; butcher heifers, $82-$86; D1-D2 cows, $53-$56, age verified $57-$60; D3 cows, $48-$52; and mature bulls, $66-$70.

Feeder steers weighing 900-1,000 lbs. sold from $85 to $92; 800-900 lbs., $88-$99.50; 700-800 lbs., $95-$108.50; 600-700 lbs., $105-$120; 500-600 lbs., $110-$121; 400-500 lbs., $112-$131; and 300-400 lbs., $115-$135.

Feeder heifers weighing 900-1,000 lbs. sold from $78 to $82.25; 800-900 lbs., $82-$90.25; 700-800 lbs., $86-$97.50; 600-700 lbs., $92-$107.50; 500-600 lbs., $94-$111.75; 400-500 lbs., $95-$112; and 300-400 lbs., $110-$115.

Heartland Livestock Services, Virden: There were about 1,102 cattle sold at the sale held on April 21. Butcher steers brought $80-$84.75 while butcher heifers sold from $78 to $82.50. Ageverified/ young cows sold from $53 to $58.75; D1-D2 cows, $51-$56; D3 cows, $47-$51; shelly cows, $43-$47; and mature bulls, $64-$70.50.

Feeder steers weighing 900-1,000 lbs. brought $84-$92.50; 800-900 lbs., $89-$98.50; 700-800 lbs., $97-$106; 600-700 lbs., $105-$118; 500-600 lbs., $110-$126; 400-500 lbs., $117-$130; and 300-400 lbs., $118-$131.

Feeder heifers weighing 900-1,000 lbs. traded from $74 to $81.75; 800-900 lbs., $79-$88; 700-800 lbs., $85-$98; 600-700 lbs., $93-$103; 500-600 lbs., $95-$109; and 400-500 lbs., $97-$113.

Killarney Auction Mart: There were 431 cattle sold at the April 22 sale. In the slaughter market, D1 and D2 cows went from $49 to $56; D3 and D4 cows, $39.50-$48; and bulls, $65-$68.50.

Feeder steers weighing 900-1,000 lbs. sold from $71 to $88.50; 800-900 lbs., $88-$96.50; 700-800 lbs., $93-$103.50; 600-700 lbs., $95.50-$118; 500-600 lbs., $109.50-$123; 400-500 lbs., $110-$127; and 300-400 lbs., $120-$124.

Feeder heifers weighing 900-1,000 lbs. brought $68-$83.50; 800-900 lbs., $76-$84.50; 700-800 lbs., $88.50-$96.25; 600-700 lbs., $93-$108; 500-600 lbs., $90.50-$106.50; 400-500 lbs., $95-$110.50; and 300-400 lbs., $100.

Pipestone Livestock Sales: There were 868 cattle sold at the sale held April 19. Included in the sale were 71 slaughter animals and 797 feeders. In the slaughter market, D1 cows sold from $50 to $58.75, with age verified up to $63; D2 cows, $43-$49.75; and D3 cows, $30-$42.

Feeder steers weighing over 900 lbs. fetched $82-$93; 800-900 lbs., $88-$101; 700-800 lbs., $96-$111.50; 600-700 lbs., $102-$122; 500-600 lbs., $107-$126; and 400-500 lbs., $109-$137.

Feeder heifers weighing 800-900 lbs. traded from $80 to $88.25; 700-800 lbs., $84-$95; 600-700 lbs., $92-$110.50; 500-600 lbs., $94-$111; and 400-500 lbs., $100-$112.

Ste. Rose Auction Mart: A total of 765 cattle were sold at the April 22 sale. In the slaughter market, D1 and D2 cows ranged from $43 to $52; D3-D4 cows, $32-$40; and bulls, $68-$76.

Feeder steers weighing 900-1,000 lbs. traded from $82 to $92; 800-900 lbs., $90-$98; 700-800 lbs., $98-$107; 600-700 lbs., $110-$122; 500-600 lbs., $110-$132; 400-500 lbs., $115-$130 and 300-400 lbs., $115-$138.

Feeder heifers weighing 800-900 lbs. brought $83-$91.50; 700-800 lbs., $90-$96; 600-700 lbs., $95-$110; 500-600 lbs., $98-$113; 400-500 lbs., $100-$116; and 300-400 lbs., $105-$118.

Taylor Auctions, Melita: The sale held April 22 resulted in 130 slaughter cattle and 400 feeders being sold. In the slaughter market, A1 and A2 steers over 1,000 lbs. brought $80-$85; A1 and A2 heifers over 850 lbs., $78-$83.50; D1 and D2 cows, $52-$58; D3 and D5 cows, $45-$52; and good bulls, $65-$70.

Feeder steers weighing 900-1,000 lbs. brought $88-$94; 800-900 lbs., $90-$102; 700-800 lbs., $100-$108; 600-700 lbs., $105-$114; 500-600 lbs., $110-$120; 400-500 lbs., $115-$127; and 300-400 lbs., $120-$130.

Feeder heifers weighing 800-900 lbs., traded from $85 to $92; 700-800 lbs., $90-$98; 600-700 lbs., $90-$104; 500-600 lbs., $95-$108; 400-500 lbs., $100-$110; and 300-400 lbs., $105-$115.

Winnipeg Livestock Sales: There were about 142 head of cattle sold during the week ending April 23. 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, $60-$68.75.

Feeder steers weighing 900-1,000 lbs. brought $85-$90.75; 800-900 lbs., $90-$101.50; 700-800 lbs., $95-$108; 600-700 lbs., $105-$119; 500-600 lbs., $110-$128; and 400-500 lbs., $115-$128.

Feeder heifers weighing 900-1,000 lbs. traded from $70 to $75; 800-900 lbs., $80-$95; 700-800 lbs., $84-$97.50; 600-700 lbs., $90-$108.50; 500-600 lbs., $105-$113.50; and 400-500 lbs., $105-$117.

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