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VIDEO: The story’s the thing: Machinery Pete on farm auctions
Equipment

VIDEO: The story’s the thing: Machinery Pete on farm auctions

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After speaking with Greg Peterson, aka ‘Machinery Pete,’ you may walk away with the sense that you’d just been talking with the Garrison Keillor (of past Prairie Home Companion fame) of farm machinery. The two men have something in common: both are Minnesotans and know the power of story-telling to make a connection. In this
Weather and cattle prices warm up
Livestock Markets, Markets

Weather and cattle prices warm up

Prices could strengthen for bred stock, market watchers say

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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
Livestock Markets, Markets

Prices up, head counts down at auction sales

Lower Chicago corn futures have been supportive for values

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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
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Demand surges for grass cattle

Barley, corn expected to be cheaper next fall

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Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Certain auction markets did not have sales due to the shortened holiday week. Adverse weather also shuttered some sales on Wednesday and Thursday in the eastern Prairie region. Southern Alberta feedlots are contending with poor pen conditions which may
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Alberta fed cattle lead feeder market higher

Traders expecting more barley acres this year

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Compared to last week, western Canadian yearling markets traded $3-$5 higher while calf prices advanced $1-$3 on average. Alberta packers were buying fed cattle on a dressed basis of $360/cwt last week, up $3-$10 from a week earlier. Using a 60 per cent grading, live prices would be equivalent to $216. Feeding margins have improved
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Stronger fed cattle market pulls feeders upward

Feedlots becoming more current with production

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Compared to last week, western Canadian yearling and calf markets were quoted steady to $5 higher on average. Strength was noted in southern Alberta. In the Lethbridge area, prices for lighter flesh replacements were up as much as $10 from seven days earlier. Larger supplies of backgrounded cattle are coming on the market at this
Cattle prices strong as U.S. futures break records
Livestock Markets, Markets

Cattle prices strong as U.S. futures break records

Shrinking cattle herds support values

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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
(WPohlDesign/iStock/Getty Images)
Livestock, Markets

Klassen: Feeder market scaling fresh heights

Heifer retention expected in U.S. this spring

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Compared to last week, western Canadian yearling markets traded $5 to as much as $10 higher. Replacements in the 650- to 800-lb. category were up $6-$12; calves under 650 lbs. were relatively unchanged although volumes were limited. Lightweight calves were hard to come by last week. Weather may have been a factor. Many factors contributed

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AgCanadaTV: In case you missed it; your national ag news recap for Feb. 6, 2026

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