Livestock Markets & Farming Articles

U.S. futures plunge leaves Manitoba cattle prices unaffected

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

By Adam Peleshaty – MarketsFarm November 2, 2023

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

Livestock Markets, Markets

Cattle prices dip but remain far stronger than a year ago

Chicago futures seen grinding lower

By Glen Hallick - MarketsFarm October 26, 2023

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.

Livestock Markets, Markets

High volumes, prices ahead of calf run

End of season appears near for yearlings

By Adam Peleshaty – MarketsFarm October 19, 2023

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.

Livestock Markets, Markets

Cattle prices steady but still high

Calves are turning up earlier than usual at Manitoba markets

By Adam Peleshaty – MarketsFarm October 12, 2023

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

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

By Glen Hallick October 5, 2023

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.

Livestock Markets

Producers ask if now is the time to sell

AUCTIONS | Feeder steers booked higher-than-ever prices

By Adam Peleshaty September 29, 2023

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

Livestock Markets, Markets

Slaughter cattle prices dip ahead of fall run

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

By Glen Hallick - MarketsFarm September 21, 2023

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,

Livestock Markets, Markets

Beef sector faces weather, insurance challenges

Prices have been a boon, but other problems remain

By Glen Hallick - MarketsFarm September 14, 2023

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

By Ana Mano September 12, 2023

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

Livestock Markets, Markets

Record cattle prices close out August

Recent lower values for feed, and the loonie, add support

By Adam Peleshaty – MarketsFarm September 7, 2023

Most cattle auction sites in Manitoba have reopened after the summer break, and for some, it’s business as usual with the same upward price movement. Heartland Livestock Services at Brandon and Virden, which conducted sales throughout the summer, on Aug. 29 and 30 put 1,721 cattle through the rings, 400 fewer than the previous week.

Daily Network News

U.S. grains: Soybeans hit six-week low as Brazilian harvest looms; corn, wheat sag

U.S. livestock: CME cattle futures end lower, hogs mostly lower

CFIA adds controls for imports of Spanish feed ingredients after African swine fever outbreak

Livestock Markets

U.S. futures plunge leaves Manitoba cattle prices unaffected

Cattle prices dip but remain far stronger than a year ago

High volumes, prices ahead of calf run

Cattle prices steady but still high

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

Producers ask if now is the time to sell

Slaughter cattle prices dip ahead of fall run

Beef sector faces weather, insurance challenges

Brazil feeds global chicken glut

Record cattle prices close out August

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