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Cattle market in Manitoba stays strong
Livestock Markets, Markets

Cattle market in Manitoba stays strong

Buyers for Manitoba cattle coming from east and west

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Manitoba cattle auctions kept busy in mid-March amid strong prices for feeders and butcher cows. “The optimism seems to be feeding on itself,” said Allan Munroe of the Killarney Auction Mart, about ongoing strength in the cattle sector. Good quality feeder steers under 500 pounds continued to be valued over $400 per hundredweight, with some
Cattle prices to stay around 2024 highs
Livestock Markets, Markets

Cattle prices to stay around 2024 highs

After a snowstorm shut down activity the week previous, auctions were very busy

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Cattle sellers and auction sites across Manitoba were eager to return to business as usual during the week ended March 15. After a major snowstorm the previous week cancelled some auctions and kept cattle at home, several sites made up for lost sales and saw many more animals go through the rings. “In Gladstone, I
High cattle prices to be around for a while
Livestock Markets, Markets

High cattle prices to be around for a while

Reduced herd size could mean strong beef prices for foreseeable future

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As spring approaches, prices for cattle at Manitoba’s auctions are expected to remain strong, according to Rick Wright of the Heartland Order Buying Company and Tyler Fulton, second vice-president of the Manitoba Beef Producers. A storm system that crossed Manitoba March 2-3 wreaked havoc with some auctions. The Killarney Auction Mart rescheduled its March 4
Low feed prices offer chance for more profitable cattle sales
Livestock Markets, Markets

Low feed prices offer chance for more profitable cattle sales

The number of cattle coming to market may be set to decline

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Prices at Manitoba’s eight cattle auctions have plateaued for now, but Scott Anderson of Winnipeg Livestock Auction Sales says they are likely to remain strong for now. “When we came back in January, every week things were a little bit higher. But it’s the same old story, though. How high can you go?” Anderson said
Manitoba cattle sellers in good spirits
Livestock Markets, Markets

Manitoba cattle sellers in good spirits

Slaughter prices stay steady or tick slowly upward, pleasing producers

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The Manitoba cattle market remains strong, with good prices for feeder and slaughter cattle, according to Ashern Auction Mart manager Kirk Kiesman. “Everyone who is selling is happy,” Kiesman said about the Ashern auction. “Probably in the last two weeks we have seen the market kind of pick up five to 10 cents more [per
Cattle moving in greater numbers
Livestock Markets, Markets

Cattle moving in greater numbers

Trend expected to continue through February

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While there was not much change in cattle prices at the Killarney Auction Mart at its Jan. 22 sale, the number of head sold was slightly more than triple the previous week. There were 1,255 cattle auctioned on Jan. 22, compared to 410 the previous Monday. “Some of those yearlings bought last summer are starting
Cold keeping cattle, buyers at home
Livestock Markets, Markets

Cold keeping cattle, buyers at home

Sales were cancelled and shipping animals difficult during frigid days

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Frigid temperatures, especially in southwestern Manitoba, led to one cancelled sale and very few cattle going through the rings at other auctions during the week ended Jan. 18. Severely low temperatures and bitter wind chill values prompted Heartland Livestock Services in Brandon to cancel its sale on Jan. 16. Winnipeg Livestock Sales and HLS Virden
Cattle auction sites reopen for 2024
Livestock Markets, Markets

Cattle auction sites reopen for 2024

Cow and bull market better than anticipated

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Four Manitoba cattle auction sites reopened during the week ended Jan. 11 after a holiday break, though buying activity hasn’t yet returned to normal levels. Gladstone Auction Mart, Grunthal Livestock Auction Mart and Heartland Livestock Services (HLS) in Brandon all conducted their first regular sales of 2024 on Jan. 9. HLS in Virden followed suit the next day,
“… the price high for this cattle cycle might not be seen until the fourth quarter of 2024, or even 2025, depending on the weather.” – Brenna Grant, Canfax.
Livestock Markets, Markets

More record cattle prices likely on horizon

If heifer retention rises, prices will continue to ascend

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Manitoba’s eight cattle auctions and numerous others across Canada witnessed record high prices this past fall, and even stronger prices could be the big story in 2024, according to Brenna Grant, executive director of CanFax. “I think it would be no surprise that, with a smaller North American cattle herd, that the fundamentals remain strong,

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