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Cool weather brings hair lambs to auction
Livestock, Livestock Markets

Cool weather brings hair lambs to auction

Strong bidding for a good selection of feeder lambs; no price difference between wool and hair types

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Producers delivered 450 sheep and goats to the Oct. 5 sale at Winnipeg Livestock Auction. There was no indication that the producers had any concerns about lower prices caused by stock left over from earlier sales. Feeder lambs and ewes dominated the sale. The young meat goat kids were of show quality and drew the
Hangover from last large sale limits bidding
Livestock, Livestock Markets

Hangover from last large sale limits bidding

Buyers still met sellers, but action was muted compared to the last sale

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The latest sheep and goat sale at Winnipeg Livestock Auction was smaller than the previous large sale, and suffered from a bit of a hangover from the volume of animals that came to market at that event. Bidding was fairly consistent with the last sale, but some classifications saw slightly lower prices, as buyers proved
Local buyers met with quality sheep, goats
Livestock, Livestock Markets

Local buyers met with quality sheep, goats

A large sale meant buyers had excellent choice in all classes of animals

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A large sale attracted 1,200 sheep and goats to the Winnipeg Livestock Auction Sept. 7, supplying the local market with a wide variety of animals. Producers took advantage of the interest generated by the local ethnic holiday season by reducing herd size and selling animals before the Christmas rush. Local buyers as a result enjoyed
Good numbers of goats attract strong interest
Livestock Markets, Markets

Good numbers of goats attract strong interest

The feeder lamb quality was also high, attracting some active bidding

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There were nearly equal numbers of sheep and goats among the 500 animals delivered for the Winnipeg Livestock Auction sale on August 3. A good selection of various classification of goats created high interest for the buyers, as there have been limited numbers for recent sales. Sheep The quality of the Dorper-cross ewes that entered
A buyer’s sale as summer herd preparation arrives
Livestock, Livestock Markets

A buyer’s sale as summer herd preparation arrives

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It was a day for buyers June 1 at Winnipeg Livestock Auction, as better-quality sheep and goats were delivered by numerous producers, causing a relatively large sale. The bidding on ewes was based upon the buyers’ preference. There appeared to be no price differences between wool and hair ewes. Younger ewes and quality still remain
Soybean meal monthly nearby. (chart as of May 25, 2016)
Grain Markets, Livestock Markets, Markets

Drozd: Two-month reversal forewarns livestock producers to higher meal prices

The meal market was technically oversold which created the opportunity for a short covering rally

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Sometimes it just does not pay to ignore what the charts are telling you. Case in point, soybean meal futures exploded higher after a two-month reversal materialized on the monthly nearby futures chart. This reversal pattern indicated a change in trend and is illustrated in the accompanying chart. Since its development on March 31, the
Small sale for first auction of summer schedule
Livestock, Livestock Markets

Small sale for first auction of summer schedule

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Demand was there to be filled and buyers were prepared for some major bidding — but just 54 sheep and goats were delivered for the May 4 sale at Winnipeg. It’s possible some classifications saw higher bidding than ordinary because of the limited selection. A group of six 224-pound Suffolk-cross ewes carried similar interest as
New-crop lambs arrive for Orthodox Easter season
Livestock Markets, Markets

New-crop lambs arrive for Orthodox Easter season

The latest sale had a 'clean out the flock' to prepare for the summer grazing season feel

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The summer sheep and goat auction schedule is set to begin with one sale on the first Monday of every month. The approaching Orthodox Easter translated into strong bidding for 300 sheep and goats at Winnipeg Livestock Auction April 20. The bidding on the various ewes appeared to have dropped from the last sale. However,
Livestock Cattle Weekly Nearby – chart as of February 22, 2016.
Livestock Markets, Markets

Drozd: Reversal patterns alert cattle producers to market downturn

Cattle markets took a sudden downturn in October 2014, catching many producers off guard

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The live cattle market has been under pressure since the nearby futures market at the CME peaked at $171.975 per hundredweight in October 2014. In the 14 months that followed, prices on the weekly nearby live cattle futures chart plummeted $55/cwt to $116.975/cwt, before recovering $20 per hundredweight. Although the downturn was sudden, and may
Lamb prices promisingly strong for start of 2016
Livestock, Livestock Markets

Lamb prices promisingly strong for start of 2016

There were 350 sheep and goats delivered to the Winnipeg Livestock Auction sale Jan. 6

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Bidding on ewes was based on buyer preferences rather than weight. Buyers showed higher bidding interest in hair ewes. The hair ewes received $1.30 and $1.20 per pound, while the average bidding was $0.90 per pound. There was only a 160-pound Rideau-cross ram, which brought $204.80 ($1.28 per pound). Heavyweight lambs on offer included five

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