auction markets Archives - Manitoba Co-operator

Klassen: Feeding margin uncertainty weighs on feeder cattle market

By Jerry Klassen June 3, 2025

For the week ending May 31, Western Canadian feeder cattle markets traded steady to as much as $10 lower on average. Dryer grass conditions in certain regions of Manitoba and central and northern Saskatchewan may have contributed to the softer tone at certain locations. Many feedlot operators continue to sit on their hands for the

Livestock Markets, Markets

Cattle moving in greater numbers

Trend expected to continue through February

By Glen Hallick - MarketsFarm February 1, 2024

While there was not much change in cattle prices at the Killarney Auction Mart at its Jan. 22 sale, the number of head sold was slightly more than triple the previous week. There were 1,255 cattle auctioned on Jan. 22, compared to 410 the previous Monday. “Some of those yearlings bought last summer are starting

Livestock, Markets

Klassen: Feedlots aggressively secure ownership

StatCan cattle inventory report due out soon

By GFM Network News, Jerry Klassen August 22, 2023

Compared to last week, yearlings straight off grass sold $3-$5 higher on average. In certain cases, larger groups of higher quality genetics traded $8-$12 above week-ago levels. Auction markets had larger volumes this past week and there was strong demand across all weight categories. It’s that time of year when major operations are stepping forward

Markets

Ritchie Bros. raises cash payout in bid for IAA

Activist investor Starboard Value buys into Ritchie

By GFM Network News, Reuters January 23, 2023

Reuters — Canada’s Ritchie Bros. on Monday sweetened the cash component of its buyout offer for IAA Inc. by 28 per cent, valuing the U.S. auto retailer at US$5.94 billion, and also secured the backing of a key IAA shareholder which had questioned the initial offer. The latest cash-and-stock offer at $44.40 per share, will

Livestock, Markets

Klassen: Rising feed grains weigh on feeder market

By GFM Network News, Jerry Klassen May 28, 2019

Compared to the previous week, western Canadian feeder cattle markets traded steady to $3 lower over the past week. In some cases, calves were down $4 to as much as $6. Rising feed grain costs weighed on the overall feeder complex. Feed barley in southern Alberta traded in the range of $265-$275 per tonne delivered,

Livestock, Markets

Klassen: Lethbridge demand drives up yearling market

By GFM Network News, Jerry Klassen September 5, 2017

Western Canadian feeder cattle markets traded $5-$8 above week-ago levels. The first major yearling sales occurred in southern Alberta, which appeared to kick-start the buying momentum. Alberta fed cattle prices and wholesale beef values were under pressure; however, feedlot operators were extremely tenacious. Buyers capriciously worked orders throughout the week and by the Friday, quality

Livestock, Markets

Klassen: Weaker fed cattle prices pressure feeder market

By GFM Network News, Jerry Klassen June 20, 2017

Western Canadian feeder cattle prices traded $3-$7 lower on average, with shorter-keep replacements over 850 lbs. as much as $10 lower in some cases. Alberta packers were buying fed cattle in the range of $159-$161, down nearly $12 from week-ago levels. Most auction markets had limited numbers on offer, with many sales barns in summer

Beef cattle, Livestock, Markets

Klassen: Feeder cattle market looking forward

By GFM Network News, Jerry Klassen January 6, 2015

Auction markets across Western Canada will start off the New Year with fairly strong momentum. Newton’s first law of physics states that an object in motion will stay in motion until acted upon by an opposite force. U.S. fed cattle prices staged a miraculous recovery last week and it now appears we could see further

Second Harvest redirecting surplus food to those in need

U.S. grains: Soy futures top one-week high, US crop outlook limits gains

U.S. livestock: Cattle futures down, hogs rise

Daily Network News

Second Harvest redirecting surplus food to those in need

U.S. grains: Soy futures top one-week high, US crop outlook limits gains

U.S. livestock: Cattle futures down, hogs rise

Tag Archives auction markets

Klassen: Feeding margin uncertainty weighs on feeder cattle market

Cattle moving in greater numbers

Klassen: Feedlots aggressively secure ownership

Ritchie Bros. raises cash payout in bid for IAA

Klassen: Rising feed grains weigh on feeder market

Klassen: Lethbridge demand drives up yearling market

Klassen: Weaker fed cattle prices pressure feeder market

Klassen: Feeder cattle market looking forward

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