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Brandon auction books some terrific Tuesdays
Livestock Markets, Markets

Brandon auction books some terrific Tuesdays

Chicago cattle futures have recovered off recent plunge

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Brad Delgaty’s tenure as the new manager of Heartland Livestock Services in Brandon could not have had a better start. Hired to the position last month, Delgaty’s first order of business was to bring HLS Brandon’s regular weekly auction sales back to Tuesdays, ending a short-lived excursion to Friday sales. So far, the schedule change has paid dividends, as
U.S. futures plunge leaves Manitoba cattle prices unaffected
Livestock Markets, Markets

U.S. futures plunge leaves Manitoba cattle prices unaffected

Interest from Ontario and Quebec should pick up as new-crop corn arrives

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A report from the U.S. Department of Agriculture, which surprised many analysts, won’t cause major changes to cattle prices in Manitoba, according to a consultant.  A bearish monthly cattle-on-feed report plunged prices at the Chicago Mercantile Exchange on Oct. 23. In total, 11.58 million cattle were in U.S. feedlots on Oct. 1, a gain of
Cattle prices dip but remain far stronger than a year ago
Livestock Markets, Markets

Cattle prices dip but remain far stronger than a year ago

Chicago futures seen grinding lower

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Activity is holding up well at Winnipeg Livestock Sales despite some easing in cattle prices, according to field representative Scott Anderson. “The futures have been kind of working their way lower,” he said. The five-day change at the Chicago Mercantile Exchange saw values lose US$1.65 per hundredweight, with the nearby December contract closing on Oct.
High volumes, prices ahead of calf run
Livestock Markets, Markets

High volumes, prices ahead of calf run

End of season appears near for yearlings

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There were more high-volume and high-priced sales at Manitoba cattle auction sites during the week ended Oct. 12. All but two sites surpassed 1,000 cattle through the rings at their respective sales for a total of 12,444, while all sites except Grunthal Livestock Auction Mart sold a feeder steer for more than $500 per hundredweight.
Cattle prices steady but still high
Livestock Markets, Markets

Cattle prices steady but still high

Calves are turning up earlier than usual at Manitoba markets

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High-end prices for feeders were still at record levels for the week ended Oct. 5, but some prices were either steady or lower compared to the previous week. In the case of Killarney Auction Mart, prices for feeder heifers and slaughter cattle were little changed at its regular sale on Oct. 2. Heavyweight steer prices
Downside to record cattle prices spurs call for industry co-operation
Livestock Markets

Downside to record cattle prices spurs call for industry co-operation

AUCTIONS | For auction markets, this fall run looks to be more like a fall marathon

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Prices at Manitoba’s cattle auctions continued to be among the strongest ever seen during the week ended Sept. 28 — and as the fall run got fully underway, the province saw large numbers of cattle come in for sale. “It’s very busy,” said Tyler Slawinski, auctioneer for Gladstone as well as the Ashern Auction Mart.
Producers ask if now is the time to sell
Livestock Markets

Producers ask if now is the time to sell

AUCTIONS | Feeder steers booked higher-than-ever prices

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Most cattle auction sites in Manitoba hosted regular sales during the week ended Sept. 21, with prices for feeder steers higher than ever. The highest price for a steer was $525 per hundredweight at both Gladstone and Ste. Rose Auction Marts. Both weighed 400 pounds or less. All but one auction site, Winnipeg Livestock Sales, sold lightweight
Slaughter cattle prices dip ahead of fall run
Livestock Markets, Markets

Slaughter cattle prices dip ahead of fall run

Cow prices expected to drop, but feeder cattle and calves more hopeful

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Kirk Kiesman of the Ashern Auction Mart hopes cattle prices will not slide when numbers at auction increase as Manitoba’s fall calf run gets underway. “There’s a shortage of cattle in North America with the number at record lows,” said Kiesman. “I’m hoping prices remain strong, definitely on the feeder cattle and calves. The cows,
Beef sector faces weather, insurance challenges
Livestock Markets, Markets

Beef sector faces weather, insurance challenges

Prices have been a boon, but other problems remain

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The provincial election was called on Sept. 5, and Manitoba Beef Producers general manager Carson Callum wants the Progressive Conservative, New Democratic and Liberal parties to consider the needs of the Manitoba beef industry. Among them are measures to mitigate the effects of drought and flood, as well as the need for good roads and
Livestock Markets, Markets

Brazil feeds global chicken glut

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Accelerated Brazilian chicken production will continue at least through the end of 2024, according to a lobby group for chicken and pork processors in mid-August. The news has been seen as a sign that a global chicken glut may not subside soon. An oversupplied chicken market affected Brazilian meatpackers’ earnings in recent quarters, also forcing

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