GFM Network News

Cattle values expected to drop in coming weeks

The chance of COVID-19 hitting packers again has cattle markets on edge

Feeder cattle prices at Manitoba’s cattle auctions have been steadily rising, though the rally isn’t expected to last for much longer. “With futures dropping and grain prices going up, I expect (prices) will stay steady or drop a bit next week,” Grunthal Livestock Auction Mart manager Harold Unrau said. Feed grain prices in Western Canada have been

Cattle values up with U.S. futures

The province hasn’t put any new pandemic restrictions on livestock markets

Cattle prices at Winnipeg Livestock Sales were a bit higher over the last week, according to the auction’s Scott Anderson. There have been positive moves in the market over the last few weeks, he said, largely due to an upswing in the U.S. futures markets. “I think this will continue through this week as well,”

Fall run continues to pressure cattle prices

Demand is expected to be high for bred cattle coming soon to market

The fall run is in full swing at Manitoba’s cattle auctions, and prices are coming under pressure typical for this time of year. “Feeder cattle are under pressure,” said Harold Unrau, manager at Grunthal Livestock Auction Mart. He cited high grain prices and dropping U.S. cattle futures as possible reasons for the depressed prices, along

Feedlots within Manitoba are loading up on feeder cattle during this year’s fall run.

Values under pressure on lower-quality cattle

U.S. cattle markets have taken some of the shine off Manitoba’s fall run so far

The annual fall cattle run was running at full steam at auction yards across Manitoba during the week ended Oct. 23, with large volumes moving through the rings. However, the big numbers and sharp losses in U.S. cattle futures markets weighed on prices. “We’re in the middle of it now, it’s the busiest month of

Fall cattle run now well underway

A stronger loonie limited buying interest from the U.S.

With the fall run underway, Manitoba’s cattle auctions saw a busy week with well over 13,000 head sold. “The auction barn was very full. A lot of cattle are starting to move now,” Tyler Slawinski of Gladstone Auction Mart said of its Oct. 14 sale. Most of the cattle at Gladstone were to be shipped

Fall run begins at Manitoba cattle auctions

The annual rush is nicely underway and expected to last through the month of October

Cattle prices in Manitoba remained strong throughout the month of September, and prices have firmed up as the fall run begins. “We’re going to see volume get fairly big after Thanksgiving,” remarked Robin Hill of Virden’s Heartland Livestock Auction on Oct. 9. “Volumes at every auction mart are going to increase drastically.” Last week, auctions across Manitoba saw

Lower cattle supplies supportive for prices

Pastures remain in good condition, pre-empting the fall run

Prices have been strong for butcher and feeder cattle, supported mainly by low numbers of cattle heading to auction in Manitoba. The expected fall run has been delayed by unseasonably warm temperatures across most of Manitoba, as pastures have remained in good condition. “Because we’ve had good fall weather, that’s kept cattle out on pasture

Prices hold steady at Brandon livestock auction

Weak Canadian dollar aids prices

Prices at Heartland Livestock’s Brandon auction were firm on Sept. 22, compared to the previous week’s sale, according the auction’s Keith Cleaver. “The prices are actually pretty good,” he said, adding that the drop in the Canadian dollar probably lent some support to cattle prices. Feeder steers in the 700- to 800-lb. class went for