"We are feeling the
fallout of those
decisions that were
made in 2020, and we’ll
continue to do so until
we see a new normal
develop.”

Meat industry hits hard times

Inflation, high interest rates and high input costs are catching up to sector

The meat industry, particularly pork, is facing tough times as inflation catches up with demand. There’s been a torrent of bad news in the meat sector in the last two months. Tyson Foods reported its first quarterly loss since 2009; HyLife’s processing plant in Windom, Minn., declared bankruptcy; Smithfield Foods is closing 40 sow farms

Weather warms up, cattle prices remain hot

Weather warms up, cattle prices remain hot

A bit of green grass is a hopeful sign for cattle producers

A cool spring finally offered up some relief as many parts of Manitoba hit temperatures surpassing 20 C during the week ended May 4. Tyler Slawinski, auctioneer at Gladstone and Ashern Auction Marts, said milder weather is a benefit to everyone involved. “We get a nice day and everybody feels better,” he said, adding that


Fundamentals support strength in cattle prices

Fundamentals support strength in cattle prices

The inflow of cattle at sales includes a notable number of fall calves

For Allan Munroe and the Killarney Auction Mart, the last few months have been the best of times, as good numbers of cattle continue to flow in and prices are at their highest levels in decades.  “Sales are doing very well these days. We surpassed the best we (have) ever seen before, so it makes

Cattle prices in Manitoba continue strong

Cattle prices in Manitoba continue strong

Weather threw a wrench in some producers’ plans

Prices at Manitoba’s cattle auctions remained strong for feeders as well as for slaughter during the week ended April 20, according to Scott Anderson of Winnipeg Livestock Sales. After closing for Good Friday on April 7, the April 14 sale was the first for Winnipeg since March 31. The number of cattle at auction was


Weather and cattle prices warm up

Weather and cattle prices warm up

Prices could strengthen for bred stock, market watchers say

Spring finally arrived in Manitoba as the temperature hit double-digits during the week ended April 13 and the only things higher than thermometer readings were cattle prices. Six cattle auction sites in Manitoba hosted regular sales during the week, while Killarney Auction Mart and Winnipeg Livestock Sales were both off due to the Easter holiday.

Prices up, head counts down at auction sales

Prices up, head counts down at auction sales

Lower Chicago corn futures have been supportive for values

Manitoba cattle auctions were a mixed bag for the short pre-Easter week ending April 6, with some closed and others having regular sales. It will be a similar situation the following week, all leading to a noticeable decline in the number of cattle coming to auction. “We are starting to see numbers dropping off. We


Cattle prices end March on a high note

Cattle prices end March on a high note

Some market watchers say prices could still see a bit more strength

It was a merry end of March for Manitoba cattle auction sites as prices remained elevated during the week ended March 30. At least 8,860 cattle went through the rings in the final week of March with some sites seeing feeder and butcher cattle selling at levels rarely seen. Kirk Kiesman, manager at Ashern Auction Mart, said the focus

Cattle influx, prices remain strong

Cattle influx, prices remain strong

Steady demand keeps market aloft, but animal numbers are dwindling

The number of cattle heading to Manitoba’s weekly auctions has remained strong and is likely to remain so for the coming weeks, according to Allan Munroe of the Killarney Auction Mart. For Killarney’s March 20 sale 1,468 head were auctioned. “A big part of it was 1,200 of them were coming from the week before,”


Winter awakens, spring approaches

Winter awakens, spring approaches

Two weekly sales in western Manitoba are called off due to storm

Despite a blizzard barreling into southwestern Manitoba on March 11, which cancelled two cattle auctions, there were still signs of spring during the week ended March 16. Four auction sites, Ashern, Gladstone and Ste. Rose Auction Marts, as well as Winnipeg Livestock Sales, reported fewer cattle in the rings than the previous week. Grunthal Livestock

Cattle prices strong as U.S. futures break records

Cattle prices strong as U.S. futures break records

Shrinking cattle herds support values

Shrinking cattle herds in Canada and the United States are raising prices on the Chicago Mercantile Exchange to record levels, as well as those at Manitoba auction sites. “Lower supplies, strong demand,” summarized Allan Munroe, manager of Killarney Auction Mart. Prices remained elevated during the week ended March 10. Feeder steers weighing under 500 pounds