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Final festival sale of sheep a big event
Livestock, Livestock Markets

Final festival sale of sheep a big event

There was lots of supply and plenty of buyers’ interest at Winnipeg Livestock Auction August 15

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The most recent sale at Winnipeg Livestock Auction was set for the flood of more than 1,000 animals it received. Slated for August 15 it fell just before the Eid holiday and buyers brought their lists to fill festival demand for this Muslim holiday celebrating sharing and giving. The semi-trucks were waiting and ready for
The ABCs of cattle options and futures
Livestock, Livestock Markets

The ABCs of cattle options and futures

These tools can help you manage both your costs and your revenue

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An estimated 27,000 cattle producers across the Prairies manage about nine million head in cow-calf, feeder and stocker operations worth approximately $8 billion, according to StatsCan data. That’s a lot of money. So it’s no surprise more and more cattle producers want to learn about price protection for their cattle. Speaking with producers at the
Poor pastures and high feed prices are seeing cattle go to market earlier than planned.
Livestock, Livestock Markets

Current strength in cattle prices not expected to last

Producers face early sales due to short supplies of feed

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Cattle prices in Manitoba continued to hang strong during the week ended Aug. 17, as producers grappled with growing feed problems and persistent smoke from fires in British Columbia and Ontario. Volumes remained seasonally low, but one market watcher noted activity at online auctions was brisk. “When you look at video sales there are more
Auction fills festival requirements
Livestock Markets, Other livestock

Auction fills festival requirements

One of the Muslim world’s two globally celebrated festivals drove this market 

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The August 1 sheep sale at the Winnipeg Livestock Auction was scheduled in preparation for the Eli-al-Adha, or Festival of Sacrifice, a major holiday in the Muslim world. Producers provided about 600 sheep and goats in expectation of an exciting sale. The next auction was to be held August 15. In the sheep sale buyers
With cattle prices being relatively positive for the time being, one industry watcher predicts there could be an early fall run to market.
Livestock, Livestock Markets

Concerns over limited feed could mean early fall run

Cattle prices remain steady on summer-level volumes

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After low-yielding hay cuts have left Manitoba cattle producers scrambling to find hay to buy, some producers are starting to consider their options — including selling earlier than usual. “I would say there’s definitely concern for sure. I’m not saying it’s in dire, desperate need today, but there’s definitely concerns of feed (shortages) in areas,”
Cows herded in to holding pen
Livestock, Livestock Markets

‘Gap’ season more active than normal for cattle sales

Poor pasture conditions cause an early-fall calf run prediction

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It’s sometimes known as the gap season in cattle markets — that slow time of year between the early spring and fall-winter sales runs. But there are decent profits producers can pick up now, said Rick Wright of Heartland Order Buying. “Cattle are actually bringing a profit and the buyers are a bit reluctant to
Cows herded in to holding pen
Livestock Markets, Markets

Manitoba cattle markets stay steady

Prices are showing surprising resilience against seasonal slumps

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The cattle market in Manitoba continues to show surprising strength as higher feed costs and a seasonal slowdown in sales haven’t caused a serious setback in prices. Volumes were light but ranchers still managed to find enough animals to take to market. Feeder cattle in Manitoba weighing 700 pounds and under averaged around $200 per
cattle
Livestock Markets, Markets

Few cattle are on offer to soak up increases in prices

Market watchers haven’t yet seen a ‘wall of cattle’ arrive

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With few cattle moving through the system it’s tough to get a real test on prices, but Mike Nernberg of Winnipeg Livestock Sales said small numbers were moving in Alberta. With 50 yearlings sold earlier this week, the count was too small to provide a solid indication of prices, but 900-lb. heifers sold around the
Cows herded in to holding pen
Livestock Markets, Markets

Feeders slow to set price; U.S. futures try to rally

Global trade worries aren’t yet affecting beef demand

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Cash cattle markets on both sides of the border and futures in the U.S. are reporting sluggish volumes but steady prices. Rick Wright of Heartland Order Buying said few feeders are entering sales rings and most of what’s being sold on cash markets are cull cows and bulls. “With our holiday on Sunday, Monday and
Anne Wasko of Gateway Livestock Marketing says the Western Canadian feeder cattle market is strong.
Livestock Markets, Markets

Cattle prices hold steady on feed crop expectations

Rising volumes of U.S. pigs could weigh on beef values

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Prices for finished cattle in Manitoba held relatively steady during the week ended June 28. Weakness in the Canadian dollar, expectations of lower feed prices in the fall, and improved moisture conditions in key regions were cited as some of the key reasons. “The feeder cattle market has been stronger here in Western Canada,” said

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