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Summer sale season for sheep has arrived
Livestock, Livestock Markets

Summer sale season for sheep has arrived

Buyers and sellers are thinking of the coming weeks of bounty

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The arrival of summer also heralds the arrival of a positive attitude for both sheep buyers and sellers, with 290 animals delivered for sale June 6. The future holds weeks of green pasture and animal development and conditioning. During the sheep sale buyers were looking into the future and seeing the importance of quality ewes
Cattle producers are “still culling heavily" due to uncertain pasture conditions, says one buyer.
Livestock Markets, Markets

Cattle market keeps holding steady as summer draws near

Recent rains haven’t relieved producers’ drought anxiety

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Although traffic is starting to slow down at Manitoba’s auction marts for the summer, business held steady for the week ended June 8. “The market numbers this week, for those markets that had sales, deliveries were actually higher than anticipated,” said Rick Wright of Heartland Buying Order Co. About 1,913 head were run through the
A recent increase in beef-processing capacity in North America has also bumped up slaughter activity in Canada.
Livestock Markets, Markets

Packers’ aggressive pace cuts into supply glut expectations

Bids on heavier-weight feeder cattle remain supported

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A glut of beef that was expected to flood grocery stores this summer, and depress prices for Manitoba ranchers, might not be as large as initially expected. Strong export business in the U.S. and a massive amount of processing by U.S. packers has managed to whittle down the volumes of summer beef out there, according
Lower cattle volumes have helped keep prices well supported at auction.
Livestock Markets, Markets

Cattle prices well supported as volumes drop for summer

Recovery in feeder and fat cattle futures is supportive

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Activity is slowing down for the summer at cattle yards across Manitoba, although values remain steady for the odds and ends still finding their way to market. A number of cattle yards are already operating at a reduced summer schedule, with sales on a biweekly basis before a complete shutdown in July. Volumes were light
Quality sparks bidding at sheep and goat sale
Livestock, Livestock Markets

Quality sparks bidding at sheep and goat sale

Buyers were clearly interested in the best-conditioned animals

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It was quality on parade at the most recent sheep and goat sale at Winnipeg Livestock Auction. Very few culls were delivered and buyers took advantage of the quality that the 248 animals delivered for sale displayed, with a display of intense bidding. No price difference was evident between wool and hair ewes. Two 138-pound
Starting bids for feeder steers in the 800- to 900-lb range have dropped $15/cwt since February.
Livestock Markets, Markets

Beef supply expectations drag on Manitoba cattle auctions

Spring seeding work takes priority for many producers

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The looming glut of fat cattle expected to descend on the North American meat market this summer is already starting to be felt on the price boards of Manitoba auction marts. Bids for heavier-weight cattle were especially under pressure during the week ended May 17, according to participants. “Heavy cattle have been feeling the pressure
Cattle prices hold steady against strength in loonie
Livestock Markets, Markets

Cattle prices hold steady against strength in loonie

Values could soften in fall if grain prices stay strong

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Manitoba cattle markets are generally holding firm in mid-May, although the seasonal slowdown in numbers moving through the yards led to some choppiness from animal to animal. “Some cattle were stronger, some weren’t,” said Dave Nickel of Gladstone Auction Mart, adding it was hard to get a handle on the market direction. “The best cattle
Seasonal patterns not yet present
Livestock Markets

Seasonal patterns not yet present

The summer slowdown has not yet arrived in the sheep and goat markets

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Warmer weather may finally be here, but the traditional slowing down of the market has yet to appear, perhaps a reflection of the late spring. With 200 animals delivered for sale, sheep and goats were in plentiful supply and prices largely held their own, with a little bit of up and down when compared to
Cows herded in to holding pen
Livestock Markets, Markets

Sale volumes rise as prices improve on heavier cattle

Grass appears to be greening up in a timely fashion

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Prices for cattle at Manitoba auction marts ticked upward during the week ended May 4, particularly on cattle at the heavier end, as producers prepared for spring activity. Feeder steers ranging from 700 to 900 lbs. were generally $5/cwt higher on average, according to prices from the province’s main auction marts. It was a different
Prairies’ cattle markets starting to strengthen
Livestock Markets, Markets

Prairies’ cattle markets starting to strengthen

Supplies may drag on prices heading further into summer

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Cattle prices are starting to rise on the Prairies following a rebound for cattle futures on the Chicago Mercantile Exchange, from where one Alberta analyst sits. “(In) the last two, three weeks, (prices have become) pretty good finally. We really had a meltdown in the futures two, three weeks ago, (due to) trade worries and

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