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Dry conditions support cattle auction traffic
Livestock Markets, Markets

Dry conditions support cattle auction traffic

Solid demand remains supportive for prices

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Dry pastures and mounting concerns over feed availability going forward kept cattle moving through the auction yards still open in Manitoba during the first week of July. Prices held relatively steady for most classes of feeder cattle, while large numbers put some pressure on the butcher trade in some cases. “Usually we’d take every second
Cattle auctions slow down for summer
Livestock Markets, Markets

Cattle auctions slow down for summer

Some auctions are anticipating an early return if dry conditions continue

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Entering July, some Manitoba cattle auction sites either are or will soon take their summer break. But continuing drought-like conditions may increase selling demand for cattle producers and auction sites could see their summer vacation be shorter than normal. “We had our last regular sale for the summer break here (on June 29),” said Tyler
Dry conditions generate slaughter cow traffic
Livestock Markets, Markets

Dry conditions generate slaughter cow traffic

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AUCTIONS | Solid demand remains supportive for prices

While the seasonal slowdown is in effect, activity at Manitoba’s cattle auction yards was still busier than usual for late June, as concerns over pasture conditions and forage availability saw large numbers of slaughter cattle move through the rings. “Drought conditions are pushing slaughter cows to the marketplace,” said cattle buyer Rick Wright of Heartland
Rains, weaker loonie help cattle producers
Livestock Markets, Markets

Rains, weaker loonie help cattle producers

Chicago August live cattle last week touched contract highs

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Another week saw another summertime decline in the number of cattle going through the rings at Manitoba auction sites for the week ended June 17. In total, 2,449 feeders and butchers were sold at auction sites over the week, with only Ashern and Ste. Rose du Lac not conducting sales. That’s down from the 3,107 animals
Increasing feed costs could temper cattle market strength
Livestock Markets, Markets

Increasing feed costs could temper cattle market strength

Strength in the Canadian dollar may also drag on beef cattle traffic

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Prices for cattle moving through Manitoba’s auction yards held relatively steady during the week ended June 11, although activity was slowing down for the summer. Good rains during the week across much of the province should help ease concerns over dry pastures and forage crops, although more moisture will be needed going forward. Strong demand for beef has
Cattle numbers likely to drop as prices hold steady
Livestock Markets, Markets

Cattle numbers likely to drop as prices hold steady

Lack of regrowth on pastures may send more cattle to market

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Prices at six of Manitoba’s eight cattle auctions didn’t see much movement overall for the week ended June 3. Now on a biweekly schedule, the auction marts at Ashern and Ste. Rose skipped this week, with their next sales on June 9 and 10 respectively. At Winnipeg Livestock Sales, field representative Scott Anderson said slaughter
Late-May rainfall welcomed as cattle bids decline
Livestock Markets, Markets

Late-May rainfall welcomed as cattle bids decline

Rising feed prices and a stronger loonie have dragged on values

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It was another week of declining cattle numbers at livestock auction sites across Manitoba during the week ended May 27. As auction sites in Gladstone, Killarney and Ste. Rose du Lac were closed for the week, only 2,375 cattle went through the rings, down from 2,426 the previous week. Of those 2,375, at least 950
Thinning cattle numbers pass through Grunthal
Livestock Markets, Markets

Thinning cattle numbers pass through Grunthal

Some producers kept cattle back on improved pastures

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Despite the number of cattle headed to market declining with the greening of pastures, the Grunthal Livestock Auction Mart will continue to press ahead with its weekly auctions, according to manager and field rep Harold Unrau. “We only shut down for the week of July long and the week of August long,” he said. For
Weather, slaughter market warming up
Livestock Markets, Markets

Weather, slaughter market warming up

A continued dry spell could boost demand for sales

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Fewer cattle went through the rings at Manitoba auction sites during the week ending May 13, but the slaughter market is seeing higher numbers as the mercury rises. With temperatures hovering around 20 C across southern Manitoba in the midst of dry conditions, more producers chose to sell butcher cattle earlier than expected. At least 610 were sold during
Factors pile up for a downturn in cattle markets
Livestock Markets, Markets

Factors pile up for a downturn in cattle markets

The loonie’s current strength is not helpful

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Along with the stronger Canadian dollar, a few other factors have combined to point the Manitoba cattle industry toward something of a downturn, according to Harold Unrau of the Grunthal Livestock Auction Mart. “Grain prices are rising. Cattle futures are staying the same or maybe dropping a bit. So between the dollar and the grain

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