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Local cattle values rise on Chicago cattle futures
Livestock Markets, Markets

Local cattle values rise on Chicago cattle futures

The loonie gained strength but remained low overall

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Prices for cattle at auction marts across Manitoba picked up on the week, as advances in the futures lent support. At the same time, cattle prices in the U.S. have seen an even bigger jump, leading to increased demand from the country. After being closed the previous week, Heartland Virden had a 3,207-head sale on
Some cattle sales called on account of snowstorm
Livestock Markets, Markets

Some cattle sales called on account of snowstorm

A lower loonie has U.S. buyers again looking north

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The upcoming week could be an extremely busy one for Manitoba stockyards as a fierce blizzard cancelled or curtailed several auctions during the week ended March 10. Volumes were nowhere near what they had been in the weeks prior to the snowfall. Ste. Rose Auction Mart said on its website it had carried over 1,500
Livestock Markets, Markets

Weaker loonie draws U.S. cattle buyers to Manitoba

Prices have local buyers seeking out bred cattle

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Cattle moving through Manitoba’s auction yards saw some strength during the week ended March 3, as a combination of rising U.S. futures and a weaker Canadian dollar gave local prices a boost. Heartland Livestock Services at Virden was the busiest auction yard in the province during the week, holding three sales: a bred cow sale,
Higher-quality animals on sale
Livestock, Livestock Markets

Higher-quality animals on sale

A mild and spring-like sale day saw plenty of good-quality animals in the latest sheep and goat sale

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Producers took advantage of a mild spring day on Feb. 15, delivering 243 sheep and goats to the Winnipeg Livestock Auction. The overall high quality of the animals at this sale was very noticeable, especially when compared to the previous sale. In the sheep sale, ewes dominated. There was a slight price difference between wool
Price instability creating challenges for producers
Livestock, Livestock Markets

Price instability creating challenges for producers

There appears to be little correlation between 
prices this year and previous years

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There were more animals of lesser quality at the most recent sheep and goat sale held Feb. 1 at the Winnipeg Livestock Auction. Producers delivered 212 animals, compared to just 141 at the previous sale in January, but the quality was noticeably lower. Markets have been very unstable and producers appear to be finding it
Sales results a hopeful indication for the new year
Livestock, Livestock Markets

Sales results a hopeful indication for the new year

Strong bidding and plenty of quality animals across all classes is a great start to the year

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A total of 141 sheep and goats was presented at the Winnipeg Livestock Auction’s first sale of 2017 on Jan. 18, as attendees enjoyed spring-like melting weather. While it’s difficult to predict exactly how the year will unfold, this sale set a positive example for the rest of the year to follow. Buyers were bidding
Higher demand seen for feeder lambs
Livestock, Livestock Markets

Higher demand seen for feeder lambs

Last sale before Christmas featured buyers filling holiday orders

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The last sale of 2016 saw 350 sheep and goats delivered to the Winnipeg Livestock Auction on Dec. 21. Buyers were ready to fill market demand for the Christmas season and prepare for the coming new year. The next sale was January 11, 2017. The ewe class was represented about equally by wool and hair
Beef cattle market continues to see volatility
Beef cattle, Livestock, Livestock Markets

Beef cattle market continues to see volatility

Coming off two years of solid prices, cattle producers are adjusting to the realities to today’s market

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There’s just one way to describe the beef market over the past five years — volatile. Benjamin Hamm, farm management specialist with Manitoba Agriculture, says that’s the only thing that comes to mind when he looks at the market. “In 2015 we had some crazy highs, up to $3.75 and even a few spikes to
cattle on a pasture
Beef cattle, Livestock Markets, Opinion

BeefTalk: Lower prices need lower costs

The first step to lowering costs is knowing the costs

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The daily CattleFax report just popped into my email and was not the positive news one would like. The Oct. 10 values were $98.87 for live cattle and $124.65 for feeder cattle (all figures U.S. funds). I had a simple thought: “What, two-digit live-cattle prices!” My second thought: “We have got to get costs down!”
Livestock, Livestock Markets

Herd decisions continue to fuel supply

More than 500 animals were at the October 19 sale

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With fall heading quickly to winter, sheep and goat producers continue to eye herd quality when marketing their animals. Information from Eastern Canada markets suggests there’s still strong demand for animals in all weight classifications, and producers responded by bringing 500 sheep and goats to markets Oct. 19 at Winnipeg Livestock Auction. There appeared to

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