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Prices hold steady at Brandon livestock auction

Weak Canadian dollar aids prices

Prices at Heartland Livestock’s Brandon auction were firm on Sept. 22, compared to the previous week’s sale, according the auction’s Keith Cleaver.

“The prices are actually pretty good,” he said, adding that the drop in the Canadian dollar probably lent some support to cattle prices.

Feeder steers in the 700- to 800-lb. class went for $195 to $205 per hundredweight (cwt) in Brandon on Sept. 22. The previous week, those steers fetched $188-$199. It was a similar situation with 300- to 400-pound steers, which garnered $276 to $285 this week, compared to $260-$270 on Sept. 15.

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Feeder heifers were steady as well, with the 900- to 1,000-pounders as an example. At the Sept. 22 sale they went for $157-$168.25/cwt, compared to $156-$167 the previous auction. The 300- to 400-pounders were in the same situation, bringing in $208-$218/cwt on Sept. 22 compared to $202-$213 back on Sept. 16.

While Manitoba’s cattle auctions have reopened, the fall run hasn’t quite got underway just yet. “Probably in a couple of weeks,” Cleaver said.

For the week of Sept. 18-24, more than 5,100 feeder and slaughter cattle were auctioned.

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Glen Hallick - MarketsFarm

Glen Hallick writes for MarketsFarm specializing in grain and commodity market reporting. He previously reported for Postmedia newspapers in southern Manitoba and the province’s Interlake region.

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