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Livestock Markets, Markets

Colombia to focus on fighting deforestation, tracing cattle: minister

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Reuters — Colombia will focus on combating deforestation, exerting greater control over the cattle industry and will also propose cancelling external debt in exchange for conserving the environment, Environment Minister Susana Muhamad said recently. Deforestation in Colombia rose 1.5 per cent in 2021 to 174,103 hectares (430,218 acres), of which 112,899 were in the country’s
High prices continue as fall run approaches
Beef cattle, Livestock Markets, Markets

High prices continue as fall run approaches

Feed supplies and beef demand are both expected to be healthy

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Prices for butcher cattle remain high just weeks before auction sites in Manitoba begin their fall run. Three auction facilities in the province — Grunthal, Virden and Winnipeg — all hosted regular sales for the week ended Aug. 18. At those sites, D1 and D2 cow prices were between $95 and $112 per hundredweight, while
Yearling prices continue to rise
Livestock Markets, Markets

Yearling prices continue to rise

Manitoba cattle are westbound, eastbound and southbound

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After a rare week off for all eight Manitoba cattle auction sites, three returned with sales during the week ended Aug. 11. Heartland Livestock Services’ sites at Brandon and Virden conducted sales on Aug. 9 and 10, respectively, while Grunthal Livestock Auction Mart also held a sale Aug. 9. In total, 583 cattle went through the rings.
Higher cattle prices ahead in Western Canada
Livestock Markets, Markets

Higher cattle prices ahead in Western Canada

The market is rising and has shown the best prices of the year so far

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Despite the typical peak-summer doldrums for cattle sales in Western Canada, prices are at some of their highest levels in months, according to one analyst. Anne Wasko, a cattle market analyst for Gateway Livestock Exchange Inc. in Taber, Alta., said markets for Western Canada have been steadily improving in 2022 as they recover from the
Slaughter cattle prices soften in Manitoba
Livestock Markets, Markets

Slaughter cattle prices soften in Manitoba

Manitoba auction marts remained quiet as July closed out

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As August and the new crop year approach, it was another quiet week at cattle auction sites across Manitoba. Despite the rise in activity for the week ended July 28, only four of the province’s eight auction sites hosted sales: Grunthal Livestock Auction Mart, Heartland Livestock Services in both Brandon and Virden and Winnipeg Livestock
Few cattle come to auction, but in good shape
Livestock Markets, Markets

Few cattle come to auction, but in good shape

Feed grain prices have declined over the last month

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Midsummer is a particularly slow time for Manitoba’s cattle auctions and the week ended July 21 was no exception. Of the province’s eight auction sites only one, Grunthal Livestock Auction Mart, had a sale. The auctions in Ashern, Gladstone, Killarney and Ste. Rose du Lac are closed for the summer.  Heartland Livestock Services remained on
‘Upside potential’ seen for Canadian cattle
Livestock Markets, Markets

‘Upside potential’ seen for Canadian cattle

Continued pressure on the Canadian dollar would be beneficial

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The Canadian cattle industry is in the midst of a struggle, says an agribusiness analyst, but midway through a volatile 2022, it does not appear to be defeated. Brian Perillat from More Than Just Feed at Strathmore, Alta. said the high cost of feed has affected the bottom lines of producers because cattle prices have
Manitoba Beef president sees better times ahead
Livestock Markets, Markets

Manitoba Beef president sees better times ahead

Cattle values haven’t kept pace with producers’ rising costs

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There was no doubt a recovery for Manitoba’s cattle industry after last year’s drought was going to take time. While there are still plenty of challenges among cattle producers, including high grain prices and record amounts of precipitation since last winter, Manitoba Beef Producers (MBP) president Tyler Fulton is looking ahead. “The drop in corn
Feeder and butcher cattle see market strength
Livestock Markets, Markets

Feeder and butcher cattle see market strength

Best quality animals head east, lower quality go west

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Activity at Manitoba’s cattle auction yards has slowed down for the season, but feeder and butcher cattle coming to market in late June were being met with solid demand and relatively strong prices. Many yards have closed for the summer but a few run on a reduced basis through July and August. Scott Anderson of
Only a trio of cattle auctions were had
Livestock Markets, Markets

Only a trio of cattle auctions were had

Many of Manitoba’s auction marts are taking their annual seasonal hiatus

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There were only three active cattle auctions in Manitoba for the week ending June 23, as most facilities have either closed for the summer or switched to a biweekly schedule. Along with the Grunthal Livestock Auction Mart, Heartland’s auctions in Brandon and Virden pressed ahead with their sales during the week. Brandon manager Keith Cleaver

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