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Cattle prices strong as fall run continues

Manitoba cattle have seen interest from both the west and east

Cattle prices were strong at auctions across Manitoba during the week ended Sept. 18, as more cattle head to auction for the fall run.

“Now that harvest is tapering off, we’re going to see more cattle coming in,” said Tyler Slawinski, an auctioneer at the Gladstone Auction Mart. He noted some areas of the province received frost which killed grazing pastures.

Prices were bolstered by strong demand from the east and west.

“As far as the market goes, things are very strong,” he said. “There was a lot of value in the pasture this year, the cattle did really well.”

Prices have returned to pre-pandemic levels, as meat-processing plants have mostly worked through the backlog caused by widespread shutdowns that were imposed to quell the spread of COVID-19.

“Some lighter cattle are seeing a bit of a premium, but things are largely falling into a trend,” Slawinski said.

At Gladstone’s auction this week, feeder cattle between 400 and 500 lbs. were between $229 and $262 per hundredweight. Cattle in the 300- to 400-lb. range were between $175 and $269/cwt.

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Glacier MarketsFarm

Marlo Glass

Marlo Glass writes for MarketsFarm, a Glacier FarmMedia division specializing in grain and commodity market analysis and reporting.

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