Slaughter cattle prices dip ahead of fall run

Slaughter cattle prices dip ahead of fall run

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

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

Beef sector faces weather, insurance challenges

Prices have been a boon, but other problems remain

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


Brazil feeds global chicken glut

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

Record cattle prices close out August

Record cattle prices close out August

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

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.


As most auctions reopen, cattle industry’s future looks grim

As most auctions reopen, cattle industry’s future looks grim

The start of Manitoba’s fall run will now depend on the weather

All but one of Manitoba’s eight cattle auctions were open during the week of Aug. 18-24, with Winnipeg Livestock Sales set to go ahead on Aug. 25. Gladstone Auction Mart and Ashern Auction Mart were back in business this week, with small numbers of cattle coming in, according to one of their auctioneers, Tyler Slawinski.

Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)

Brazilian meatpacker JBS sees gain from lower grain prices

Reuters – Brazilian meatpacker JBS SA has forecast gains of US$450 million this year related to lower grain prices, particularly corn, higher than guidance of US$340 million given at the end of the first quarter. CFO Guilherme Cavalcanti revealed the estimate, expected to primarily benefit the company’s pork and poultry businesses, as JBS discussed quarterly


Cattle markets gearing up for fall

Cattle markets gearing up for fall

Buyers to the east and west all want Manitoba cattle

Manitoba cattle auctions are gearing up for a busy fall run, with most yards around the province set to start holding regular auctions before the end of August. Prices remain historically strong, which should be bringing in some yearlings earlier than normal. Given the current market conditions, it makes economic sense to start getting the

Auction facts and stats from the year so far

Auction facts and stats from the year so far

The lack of seasonal movement in prices this year was unusual

As some Manitoba cattle auction sites get set to begin the fall run in late August, producers might wonder if elevated prices throughout most of 2023 will carry into the latter months. Brenna Grant, executive director of Canfax, the marketing analysis division of the Canadian Cattle Association, said they should expect more of the same.


Livestock auction sites prepare for early reopenings

Livestock auction sites prepare for early reopenings

While not as significant as 2021, auctions are still extending their normal dates

It’s not the situation that faced Manitoba auction sites in 2021, when the summer break was cut short due to historic drought, but some sites this year will start the fall run a few weeks early. The early start is due to ongoing heat and dryness experienced for much of this summer, particularly in southwestern

Cattle prices strong as fall run approaches

Cattle prices strong as fall run approaches

Drought in Manitoba isn’t as bad as 2021, but earlier auction openings are possible

Four cattle auction sites in Manitoba held regular sales for the week ending July 27, and two more have announced their returns for the fall run. Heartland Livestock Services in Brandon and Virden, as well as Grunthal Livestock Auction Mart and Winnipeg Livestock Sales all had sales during the week. In total, 1,125 cattle went