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Cattle sales recover from February cold snap
Livestock Markets, Markets

Cattle sales recover from February cold snap

Feed values and the Canadian dollar are up, Chicago live cattle futures down

By
After frigid temperatures affected most of Manitoba earlier in February, cattle sellers made up for lost time as thousands of cattle poured through the rings during the week ending Feb. 26. More than 14,000 cattle were auctioned off across the province, including at least 13,000 feeders. By comparison, at least 7,000 cattle in total were sold at
Auction activity recovers as colder spell retreats
Livestock Markets, Markets

Auction activity recovers as colder spell retreats

Eastern and western feedlots are again shopping for feeder cattle

By
Temperatures were still cold across Manitoba during the third week of February, but sunny skies and daytime highs in the -20s C, or even the minus teens, were much more welcome at the cattle auctions than the -40s with the wind chill that limited activity the previous week. “We’re getting out of this cold snap
Frigid temperatures drag cattle sale volumes lower
Livestock Markets, Markets

Frigid temperatures drag cattle sale volumes lower

Barley and wheat prices are expected to weigh on values for heavier feeder cattle

By
As a cold snap descended across Manitoba and the rest of the Prairies, the number of cattle headed to auction was down significantly during the week ended Feb. 11. “Guys are getting up early in the morning and they have water that’s frozen or a tractor that won’t start. They have bigger fish to fry
Feeder cattle prices continue to increase
Livestock Markets, Markets

Feeder cattle prices continue to increase

Some feedlots down east still have room for Manitoba cattle

By
Manitoba cattle auction yards saw plenty of activity in the first week of February as more than 8,000 cattle went through the rings. By comparison, roughly 5,000 head were sold in the previous week. Feeder prices continued their steady ascent over the past few weeks as lighter-weight steers saw the greatest value. High-end steers weighing less than 500
Guelph beef plant’s shutdown alters feeder cattle traffic
Livestock Markets, Markets

Guelph beef plant’s shutdown alters feeder cattle traffic

Higher prices for feed grains put pressure on cattle markets

By
Livestock auction sites across the province saw a jump in activity with more cattle sold during the week ending Jan. 22. Prices for feeder cattle did not see much change from the previous week. Despite this, deliveries are still slightly lower than at the same time last year — and higher grain prices are to
Rising feed prices drag on cattle futures
Livestock Markets, Markets

Rising feed prices drag on cattle futures

Feeder cattle bids continue steady to lower

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Activity was slowly picking back up at Manitoba’s cattle auction yards during the second week of January, with feeder prices steady to lower compared to levels ahead of the holidays. Lighter-weight feeders continued to see the best demand, with discounts for the heavier animals. About 5,000 feeder cattle moved through the rings across the province during the
High feed grain prices in the West are expected to keep a lid on feeder cattle values this month.
Livestock Markets, Markets

Only a trio of cattle auctions to start 2021

A stronger loonie is making Manitoba cattle less attractive for export

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With just three auctions open, fewer than 640 head of cattle were sold at Brandon, Virden and Grunthal for the week ended Jan. 7. “There wasn’t enough to really quote accurate market (prices),” said Keith Cleaver, manager of Heartland Livestock Services’ Brandon auction. “The first week is pretty slow always,” he added, noting cattle numbers
Taiwan lawmakers approve imports of additive-fed U.S. pork
Livestock Markets, Markets

Taiwan lawmakers approve imports of additive-fed U.S. pork

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Taiwan’s parliament has approved measures that pave the way for imports of U.S. pork containing a leanness-enhancing additive, despite objections by the main opposition Kuomintang (KMT) party which says the move is a health risk. President Tsai Ing-wen’s decision in August to permit imports of U.S. pork containing ractopamine, banned in the European Union and
(Photo courtesy Canada Beef Inc.)
Livestock Markets, Markets

A difficult year for Manitoba’s cattle industry

COVID backlogs and market pivots were all just part of the challenge

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It would be something of an understatement to say the Manitoba cattle industry faced a tough year in 2020 due to the COVID-19 pandemic, according to a pair of industry experts. “Prices were volatile and then very flat in the second half of the year,” commented Brian Perillat, manager and senior analyst for CanFax. He

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