GFM Network News

Demand strong ahead of summer slowdowns

Fed cattle prices have shown improvement

Prices for cattle at auctions across Manitoba were stronger ahead of the summer slowdown during the week ended June 11. “There’s some optimism for feeder cows, because we can put them away for a later market,” said Tyler Slawinski, an auctioneer for the livestock markets at Ashern and Gladstone. Demand is strong for heavier feeder cattle, which has supported prices, he said. At

Demand fluctuations put pressure on cattle prices

A lower loonie could insulate local prices against declines in U.S. futures

Prices at Manitoba’s cattle auctions were slightly lower during the week ended March 20, driven largely by fluctuations in demand. Tara Fulton, manager of Gladstone Livestock Auction Mart, noted prices for heavier cattle over 750 lbs. have been under pressure for the past three weeks. “Demand for lighter-weight animals has been strong all along, because

Cattle markets remain strong in Manitoba

A weaker Canadian dollar may attract U.S. buyers

With cattle auctions in full swing across the province, markets have seen steady, strong prices. Brock Taylor of Pipestone Auction Mart said 600- to 700-lb. feeder steers were between $188 and $215 per hundredweight at auction last week. That’s comparable to the Nov. 8 auction, when the same class of cattle sold for between $190

Rain challenges Manitoba cattle auctions

If nothing else, recent rains have helped pastures and hay land thrive

Challenging fall weather has not spared Manitoba’s cattle auction marts, as wet pastures and delayed harvests have limited the number of cattle coming to auction. Allan Munroe of Killarney Auction Mart noticed cattle volumes were down at auction marts during the month of September. “A lot of guys can’t get their cattle out from pasture, because there are standing crops in the

Lightweights show strength at Manitoba auction sales

Quantities of cattle were up from previous frosty weeks

Lightweight cattle continue to do quite well at Manitoba cattle auctions, according to two people heavily involved with the cattle industry. “Lightweights were up quite a bit. Anything that’s under 600 lbs., going to the grass, certainly has a strong market,” said Harold Unrau of Grunthal Livestock Auction Market. At Grunthal’s Feb. 12 auction, feeder

Manitoba’s cattle auctions off to slow start in 2019

Inclement weather helped keep a lid on cattle traffic

Only four of Manitoba’s eight major cattle auctions had sales last week, with sales numbers down compared to those before the holiday break. For the week ending Jan. 11, auctions at Brandon, Grunthal, Virden and Winnipeg sold a total of 1,164 cattle, with weather having played a role in the lower numbers. “We ran into

Klassen: Feeder market starts year with cautious tone

Western Canadian feeder cattle prices were relatively unchanged to slightly softer compared to mid-December. The market was lightly tested, with direct off farm to feedlot trade, but auction market activity was rather quiet. Winter conditions in southern Alberta caused buyers to be on the defensive, with lighter calves reflecting small discounts; however, vaccinated feeders on