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Cattle prices stronger despite summer doldrums
Livestock Markets, Markets

Cattle prices stronger despite summer doldrums

Fall calf run is still a few weeks away and could be rain delayed

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Cattle prices at Heartland’s Virden auction have gained strength in recent weeks, due in part to consistent demand and few active auctions across the province. Many auctions across Manitoba take the summer off, but Heartland and Winnipeg Auction Mart held sales this week. “Feeder and fed cattle took a nice run of increases over the past two weeks,” remarked Heartland Virden’s
Markets firming for both slaughter and feeder cattle
Livestock Markets, Markets

Markets firming for both slaughter and feeder cattle

Reduced placements and a strong slaughter pace are supportive

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Slow summer activity continued at the few Manitoba cattle auction yards that held sales during the first week of August. The general trend in the market remained pointed higher, though, as the slaughter backlog caused by the COVID-19 pandemic continued to be worked through. “There are a couple of key drivers,” analyst Anne Wasko of
Butcher cattle prices stay steady across province
Livestock Markets, Markets

Butcher cattle prices stay steady across province

Low animal numbers have been met with steady demand

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Butcher cattle prices have held strength at cattle auctions scattered across Manitoba, due to low numbers at auction and steady demand. “The butcher market remains fully steady, with stable demand supporting prices,” commented Harold Unrau of Grunthal Livestock Auction Mart. During the week ended July 30, Grunthal and Winnipeg held auctions, servicing approximately 300 cattle.
Rising Chicago futures lift prices against higher loonie
Livestock Markets, Markets

Rising Chicago futures lift prices against higher loonie

Sale prices rose a few dollars, Virden’s Hill reports

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Auction prices increased this week by $2-$3 per hundredweight (cwt) at Heartland Livestock Services’ auction at Virden on July 22, according to Robin Hill, the auction’s manager. “The one thing about the feeder cattle, we’ve really seen the Chicago Mercantile Exchange (CME) really take off last week,” he said. Futures values at the CME are
Cattle prices maintain strength into summer
Livestock Markets, Markets

Cattle prices maintain strength into summer

Thin trade does make it hard to get a handle on market

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Feeder cattle prices have held strength during the summer doldrums at cattle auctions in Manitoba. “It’s tough to get a gauge because we only had about 25 or 30,” remarked Scott Anderson of Winnipeg Livestock Auction. “But based on numbers and quality, prices were steady.” Feeder steers between 800 and 900 pounds were between $155
Social distancing guidelines could pose challenging for fall cattle run
Livestock Markets, Markets

Social distancing guidelines could pose challenging for fall cattle run

Slaughter values in the province have rebounded

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When Manitoba’s fall run starts in September, Rick Wright of Heartland Order Buying Co. has a little bit of trepidation when it comes to the social distancing guidelines set by the province. “There are a percentage of people who are not respecting the social distancing requirements, and it’s putting the markets in a bad position,” Wright said, noting
Slaughter pace improved, cattle backlog remains
Livestock Markets, Markets

Slaughter pace improved, cattle backlog remains

Manitoba’s livestock markets take the week off for Canada Day

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Cattle auctions in Manitoba were quiet during the week ended July 3, with any yard not already closed for the summer taking the week off for Canada Day. Cattle futures in the United States moved higher during the week amid signs of a global economic recovery. The cattle industry is showing some signs of stabilizing after the COVID-19 pandemic forced slaughterhouse
Light action at auctions ahead of long weekend
Livestock Markets, Markets

Light action at auctions ahead of long weekend

Conditions on Manitoba pastures and hayfields vary from region to region

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With the summer shutdown now well underway, only four of Manitoba’s cattle auctions hosted sales this past week: Brandon, Grunthal, Virden and Winnipeg. Auctions at Ashern, Gladstone, Killarney, Pipestone and Ste. Rose remain closed for the balance of the summer. “Everything is out to grass now. Until pastures either start to run out or if
The last few cattle are still headed to pasture as the market takes its annual break.
Livestock Markets, Markets

Culls dominate Manitoba cattle markets

Most facilities are already on summer schedule

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Cull cows accounted for most of the cattle moving through the Manitoba cattle auction yards in mid-June, with facilities already closed for the summer or operating at a reduced schedule. “We’re seeing large volumes of cows come into the market in Manitoba,” said Rick Wright of Heartland Order Buying, adding that prices were relatively steady

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