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Beef cattle, Livestock, Livestock Markets

U.S. beef price-fixing investigation proposed

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U.S. senators, Elizabeth Warren and Mike Rounds on May 19 introduced a bipartisan resolution asking the Federal Trade Commission (FTC) to investigate beef companies for potential price-fixing. It is the latest effort by politicians to hold meat companies accountable for high food prices, which critics blame in part on U.S. beef production being controlled by
manitoba cattle auctions may 2022
Livestock Markets, Markets

Cattle markets: Wet conditions hamper southwest

Many Manitoba pastures are greening up but far from ready to take cattle

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While areas in the Red River Valley continue soaked and even flooded, cattle producers in Manitoba’s southwest are also having issues with the waterlogged conditions. From May 9 to 15, between 40 to 50 millimetres of precipitation fell onto Killarney, 100 km south of Brandon and 20 km north of the U.S. border, according to
Wet, muddy conditions dampen cattle sales
Livestock Markets, Markets

Wet, muddy conditions dampen cattle sales

Prices for what was available remained mainly steady

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Wet conditions in southern Manitoba, including overland flooding, have had an effect on the number of cattle going through the rings at auction sites in the province for the week ended May 12. “I would say that the yards that were muddy and full of water definitely slowed down the flow of cattle,” said Brad
Higher costs of production keep auction traffic lively
Livestock Markets, Markets

Higher costs of production keep auction traffic lively

Prices remain firm at Gladstone

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Cattle prices continued to remain firm, according to Tyler Slawinski, an auctioneer for the Gladstone and Ashern Auction Marts. “Nothing has changed drastically for some time now. The market is very stable,” he said. However, Slawinski noted, the cost of production for cow-calf operations is becoming burdensome. That has kept the amount of cattle coming
Rainy, snowy weather hinders cattle traffic
Livestock Markets, Markets

Rainy, snowy weather hinders cattle traffic

Chicago June live cattle futures were up on the week

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After the drought of 2021, the ample spring precipitation seen across much of Manitoba this April should give pastures a good start for 2022. However, the sheer amount of rain and snow all at once has also led to muddy yards and impassable roads, limiting activity at the province’s cattle markets during the last week
Feeder cattle prices steady, slaughter bids rising
Livestock Markets, Markets

Feeder cattle prices steady, slaughter bids rising

Canadian beef is being sought after as import volumes decrease

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While prices for feeder cattle have stayed flat ever since the start of 2022, slaughter cattle have seen a rise in prices, according to a cattle marketing analyst. Anne Wasko of Gateway Livestock Exchange at Taber, Alta. said prices for feeder cattle were rangebound during the first quarter of 2022, despite choppiness along the way.
Lambs at the Borst family’s Nu-Dawn farms near Elm Creek, pictured here in late March.
Livestock Markets, Markets

Hot prices, cold lambs at Easter

High feed costs are putting a damper on sheep farmers’ hopes despite strong lamb prices

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Sheep producers are seeing record prices for their lambs in some categories, with high demand through the recent Easter season. According to Morgan Moore, chair of the Manitoba Sheep Association, that’s consistent with the market patterns of previous years. “The last five years, year over year, our peak price per pound realized for the lambs
Blizzard to bring pain, gain for cattle producers
Livestock Markets, Markets

Blizzard to bring pain, gain for cattle producers

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Cattle producers and auction sites in Manitoba had decisions to make regarding a major blizzard hitting the southern half of the province on April 13-14. The storm dropped more than 30 centimetres of snow with higher amounts in western Manitoba. The Colorado low brought winds gusting to 70 km/h, closed all major highways and prompted
‘Hamburger season’ around the corner
Livestock Markets, Markets

‘Hamburger season’ around the corner

High prices for feed grain have pressured cattle values

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Prices at the Ashern Auction mart were “fully steady” at their April 6 sale, according to manager Kirk Kiesman. He noted prices have remained as such for the last three to four weeks, seeing little prospect of changing any time soon. “We’re getting close to ‘hamburger season’ on the cows and bulls,” Kiesman said, which
Feeder, butcher cattle in healthy demand
Livestock Markets, Markets

Feeder, butcher cattle in healthy demand

Feeder steers valued well above feeder heifers

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The last week of March saw cattle markets hold relatively firm across Manitoba, with good demand for both feeder and butcher cattle moving through the rings. Prices were stronger on the week for most classes of cattle, which was welcome news to the local sector, given recent volatility in U.S. cattle and grain futures. “We’re

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