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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
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

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