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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
Spring’s arrival brings price improvement
Livestock, Livestock Markets

Spring’s arrival brings price improvement

Many buyers were clearly interested in herd building at this sale

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As the spring weather slowly unfreezes the landscape, so too have prices found new life. The warmer weather has no doubt enabled buyers to review low volumes from the winter season and made them more aware of their stock supply. Producers delivered 100 sheep and goats to the latest sale at Winnipeg Livestock Auction April
There is still a big spread between prices paid for steers and heifers.
Livestock Markets, Markets

Cattle prices ‘hit the bottom’ at Manitoba auction sales

Recent sales point to interest in top-quality heifers

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Prices carved out a bottom for themselves at most Manitoba auction marts during the week ended April 20, according to one industry expert. Bids for heavier cattle dipped a few dollars on average while lower weights also were under pressure. Steers in the 400- to 500-lb. class were generally in the mid-$230s to -$250s per
U.S. futures support cattle values against rising loonie
Livestock Markets, Markets

U.S. futures support cattle values against rising loonie

Volumes decline at sales as ranchers focus on calving

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Cattle moving through Manitoba’s auction yards were up and down during the week, with some classes moving higher and others lower. The market had “a mixed feeling,” according to Robin Hill of Heartland Livestock Services at Virden. There was no real rhyme or reason to the gains or losses in the different classes of feeder
Easter excitement fades
Livestock, Livestock Markets

Easter excitement fades

It’s back to normal after this key holiday for the market

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A late winter return seemed to usher in a cooler tone too at the latest sheep and goat auction at Winnipeg Livestock Auction. With Easter demand past, the less exciting bidding season typical of summer appears to be starting to assert itself, regardless of the slow start to the spring. Producers delivered 75 sheep and goats to the April
Cows herded in to holding pen
Livestock Markets, Markets

Lukewarm buyer interest weighs on cattle prices

Traders are mindful of expectations for large supplies

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Cattle prices stayed under pressure at auction marts across Manitoba during the week ended April 6. Bids were mostly similar to the previous week for steers and heifers; a little more interest may have been paid to cows. “A lot of cows in Western Canada are coming to market now,” said Anne Wasko, a market

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