Yearling Prices Rise On Strong Demand – for Sep. 9, 2010

Ma n i – toba’s auction marts were busy during the week ending Sept. 3, as the fall run produced a high quantity of cattle, along with solid prices.

Keith Cleaver, manager of Heartland Livestock Services at Brandon, said the company was very pleased with its Aug. 31 sale, which saw more than 1,800 cattle up for sale.

“The prices on the yearlings were very strong this week. There seems to be very good demand for them,” Cleaver said. “They’re going east, they’re going west, a few of the yearlings were going south as well.”

Prices for yearling heifers brought as much as $1.10 per pound, while yearling steers were bringing as much as $1.30/ lb. in Brandon.

Slaughter cattle also put up good numbers at this week’s sale, Cleaver said.

“The slaughters were very, very steady. Maybe even a pinch stronger, but very steady nonetheless,” he said. “Fat cattle showed a little bit of strength as well.”

Breed numbers were well spread out, he said, as no breeds were standing out more than others in terms of price or in volume.

The cattle up for sale were of good quality, he added.

While prices were very solid in Brandon this week, Cleaver said he didn’t see the market getting a whole lot stronger the next little while, simply because it’s already so high.

“I don’t know if the yearling prices are going to get a whole lot higher – they’re pretty strong right now,” Cleaver said.

The number of cattle for sale is not likely to get a whole lot higher, he said.

“The yearling numbers are going to start dwindling down in about three weeks or so, before the calf run really starts, I think,” Cleaver said.

Also, apologies to Buddy Bergner of the Ashern Auction Mart, after incorrect information was published in last week’s edition. It was mistakenly implied that there were no concerns about feed supplies in the Interlake this year. In fact, supplies are somewhat tight in the area due to excess moisture.

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 Livestock Mart:An estimated 425 head of cattle were sold at the sale held Sept. 1.

In the slaughter market, age-verified D1 and D2 cows traded for $55-$63.25; D3 and D5 cows, $50-$55; older shelly cows, $40 and up; and good bulls, $68- $78.

Feeder steers weighing 800- 900 lbs. ranged from $103 to $109; 700-800 lbs., $100- $112.75; 600-700 lbs., $106- $119.50; and 500-600 lbs., $105-$118.

Feeder heifers weighing 700- 800 lbs. brought $91-$108; 600- 700 lbs., $92-$108.75; and 500- 600 lbs., $90-$104.

Gladstone Auction Mart: The Aug. 31 sale saw a total of 425 head of cattle sold at the Gladstone yard. In the slaughter market, bulls sold from $55 to $68.50, while cows brought $35-$54, with age verified up to $59.

Feeder steers in the 900- to 1,000-lb. weight category traded from $80 to $105.50; 800-900 lbs., $85-$111.75; 700- 800 lbs., $100-$116; 600-700 lbs., $95-$124; 500-600 lbs., $116-$124.75; 400-500 lbs., $106-$128.50; and 300-400 lbs., $120-$134.

Feeder heifers weighing 900-1,000 lbs. sold from $75 to $89.50; 800-900 lbs., $77- $102.25; 700-800 lbs., $95- $108.75; 600-700 lbs., $90- $111.50; 500-600 lbs., $98-$113; 400-500 lbs., $103-$120; and 300-400 lbs., $100-$116.

Grunthal Livestock Auction Mart:There were 92 slaughter cattle and 318 feeders sold at the Grunthal yard Sept. 1.

In the slaughter market, fleshy export cows traded from $58 to $62.75; lean export cows, $53-$57; mature cows, $49-$55; feeding cows, $58-$61; export bulls, $77-$81; and mature bulls, $75-$78.

Feeder heifers weighing 900-1,000 lbs. sold from $88 to $99.25; 800-900 lbs., $94-$103; 700-800 lbs., $96-$104.50; 600- 700 lbs., $98-$108.75; and 500- 600 lbs., $100-$110.

Feeder steers weighing 900-1,000 lbs. sold from $92 to $103.75; 800-900 lbs., $101-$198.25; 700-800 lbs., $103-$110; 600-700 lbs., $105- $113.50; and 500-600 lbs., $110- $120.

Heartland Livestock Services, Brandon:A total of 1,803 cattle were on offer in Brandon during the week. A1-A2 steers traded from $80 to $87; A1-A2 heifers, $80-$85; D1-D2 cows, $57-$64.50; feeder cows, $50-$56; shells, $40-$50; and good bulls, $70-$76.50.

Feeder steers weighing over 1,000 lbs. sold from $88 to $98.50; 900-1,000 lbs., $95-$107.25; 800-900 lbs., $98-$109.75; 700-800 lbs., $108-$119.50; 600-700 lbs., $110-$121; 500-600 lbs., $115- $122.75; and 400-500 lbs., $115- $130.

Feeder heifers weighing 900- 1,000 lbs. sold from $88 to $98; 800-900 lbs., $95-$102.25; 700- 800 lbs., $98-$106.25; 600-700 lbs., $98-$108.50; 500-600 lbs., $98-$109.50; and 400-500 lbs., $98-$110.

Heartland Livestock Services, Virden:There were about 1,465 cattle sold at the sale held Sept. 1. Butcher steers brought $82-$85.50, while butcher heifers sold from $81 to $85.25. Age-verified/young cows sold from $58 to $62.75; D1-D2 cows, $57-$61; D3 cows, $53-$57; shelly cows, $47-$53; and mature bulls, $70-$76.75.

Feeder steers weighing 900- 1,000 lbs. brought $98-$106.75; 800-900 lbs., $102-$112; 700- 800 lbs., $108-$118.50; 600-700 lbs., $112-$122; 500-600 lbs., $115-$130; 400-500 lbs., $125- $141.50; and 300-400 lbs., $125- $146.

Feeder heifers weighing 900-1,000 lbs. traded from $90 to $98.75; 800-900 lbs., $94-$102.50; 700-800 lbs., $97- $106.50; 600-700 lbs., $100- $110; 500-600 lbs., $102-$113; and 400-500 lbs., $105-$122.

Killarney Auction Mart:No sale this week.

Pipestone Livestock Sales: No sale this week.

Ste. Rose Auction Mart:A total of 455 cattle were sold at the Sept. 2 sale. In the slaughter market, D1 and D2 cows ranged from $51 to $57; D3-D4 cows, $38-$51; and bulls, $73- $76.75.

Feeder steers weighing 900- 1,000 lbs. brought $99-$108.50; 800-900 lbs., $105-$112.50; 700-800 lbs., $105-$117; 600- 700 lbs., $105-$120; and 500- 600 lbs., $110-$122.

Feeder heifers weighing 900- 1,000 lbs. traded from $90 to $98; 800-900 lbs., $94-$102.75; 700-800 lbs., $98-$107.50; 600- 700 lbs., $105-$110.50; and 500-600 lbs., $105-$111.

Taylor Auctions, Melita:The sale held Sept. 2 resulted in 66 slaughter cattle and 100 feeders being sold. In the slaughter market, A1 and A2 steers over 1,000 lbs. brought $84-$89; A1 and A2 heifers over 850 lbs., $83-$87; D1 and D2 cows, $56- $62; D3 and D5 cows, $50-$56; and good bulls, $70-$75.50.

Feeder steers weighing 900- 1,000 lbs. brought $95-$108; 800-900 lbs., $98-$112; 700-800 lbs., $105-$117; 600-700 lbs., $110-$120; 500-600 lbs., $115- $125; 400-500 lbs., $120-$135; and 300-400 lbs., $125-$140.

Feeder heifers weighing 800- 900 lbs. traded from $95 to $100; 700-800 lbs., $98-$104; 600-700 lbs., $100-$109; 500- 600 lbs., $105-$115; 400-500 lbs., $110-$120; and 300-400 lbs., $115-$125.

Winnipeg Livestock Sales: There were about 500 head of cattle sold during the week ending Sept. 3. In the slaughter market, choice steers and heifers sold from $84 to $87.25; select steers and heifers, $78- $84; dry fed cows, $50-$54; good fleshed, $47-$50; lean, $42-$46; young age verified, $50-$61; and good bulls, $65- $75.

Feeder steers weighing 900- 1,000 lbs. brought $92-$98; 800- 900 lbs., $100-$109.75; 700-800 lbs., $108-$116.50; and 600-700 lbs., $110-$122. Feeder heifers weighing 800-900 lbs. traded from $93 to $103.25; 700-800 lbs., $98-$104.25; and 600-700 lbs., $98-$105.50.

– Brent Harder writes for Resource News International

(RNI), a Winnipeg company specializing in grain and

commodity market reporting.

Comments

explore

Stories from our other publications