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Late-May rainfall welcomed as cattle bids decline
Livestock Markets, Markets

Late-May rainfall welcomed as cattle bids decline

Rising feed prices and a stronger loonie have dragged on values

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It was another week of declining cattle numbers at livestock auction sites across Manitoba during the week ended May 27. As auction sites in Gladstone, Killarney and Ste. Rose du Lac were closed for the week, only 2,375 cattle went through the rings, down from 2,426 the previous week. Of those 2,375, at least 950
Factors pile up for a downturn in cattle markets
Livestock Markets, Markets

Factors pile up for a downturn in cattle markets

The loonie’s current strength is not helpful

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Along with the stronger Canadian dollar, a few other factors have combined to point the Manitoba cattle industry toward something of a downturn, according to Harold Unrau of the Grunthal Livestock Auction Mart. “Grain prices are rising. Cattle futures are staying the same or maybe dropping a bit. So between the dollar and the grain
Cattle values steady despite futures’ drop
Beef cattle, Markets

Cattle values steady despite futures’ drop

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Despite falling prices on U.S. cattle futures markets, bids remained steady at auction sites in Manitoba during the week ending April 29. More than 7,200 cattle went through the rings during the week, down from 8,600 the week earlier, as feeder numbers start to settle down before the summer. While prices have remained steady for
Auction activity recovers as colder spell retreats
Livestock Markets, Markets

Auction activity recovers as colder spell retreats

Eastern and western feedlots are again shopping for feeder cattle

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Temperatures were still cold across Manitoba during the third week of February, but sunny skies and daytime highs in the -20s C, or even the minus teens, were much more welcome at the cattle auctions than the -40s with the wind chill that limited activity the previous week. “We’re getting out of this cold snap
Guelph beef plant’s shutdown alters feeder cattle traffic
Livestock Markets, Markets

Guelph beef plant’s shutdown alters feeder cattle traffic

Higher prices for feed grains put pressure on cattle markets

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Livestock auction sites across the province saw a jump in activity with more cattle sold during the week ending Jan. 22. Prices for feeder cattle did not see much change from the previous week. Despite this, deliveries are still slightly lower than at the same time last year — and higher grain prices are to
Healthy demand greets lighter-weight cattle
Livestock Markets, Markets

Healthy demand greets lighter-weight cattle

Markets expect a couple of busy weeks before the year-end shutdown

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Manitoba cattle auction yards remained busy during the first week of December, but should start to slow down heading into the new year. Lightweight feeders were seeing the best demand, with heavier animals running into some resistance. “We probably have another 10 days of good deliveries before everybody shuts down for the holidays,” Rick Wright
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Yearling market remains red hot

Barley harvest well underway in southern Alberta

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Compared to last week, western Canadian yearling prices were $2-$4 higher on average; however, in southern Alberta, yearlings traded $6-$8 above week-ago levels. A few auction barns in Alberta held their first feature sales of the fall run and buyers showed up with both hands. The quality of yearlings coming off grass is excellent and
CME September 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

Klassen: Strong demand underpins yearlings

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Compared to last week, yearlings traded steady to $4 higher on average; calves traded $2-$4 lower, although light volumes made the market hard to define. All eyes were on feeder cattle futures, which closed up nearly $4 for the week. This set the direction in Western Canada. Auction barns in Manitoba and Saskatchewan remain in

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