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Cattle prices maintain strength into summer
Livestock Markets, Markets

Cattle prices maintain strength into summer

Thin trade does make it hard to get a handle on market

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Feeder cattle prices have held strength during the summer doldrums at cattle auctions in Manitoba. “It’s tough to get a gauge because we only had about 25 or 30,” remarked Scott Anderson of Winnipeg Livestock Auction. “But based on numbers and quality, prices were steady.” Feeder steers between 800 and 900 pounds were between $155
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle market grinds lower

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Compared to last week, western Canadian feeder cattle prices were steady to $4 lower on average. Small packages were available and buyers were picking away with subdued interest. There were some “green” strings of yearlings in Alberta and Saskatchewan which were well bid; however, most cattle were characterized by medium to smaller frames. Some of
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Weaker fed cattle prices weigh on feeder market

Rain-soaked pens sidelined some Alberta feedlots

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Compared to last week, western Canadian feeder cattle markets were relatively unchanged but a softer tone was noted in the non-major feeding regions. Most auction barns are in summer mode and the quality of feeders coming on the market is quite variable. However, at major centers in Alberta, healthy strings of yearlings were well bid
File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)
Markets, Other

India to let farmers sell produce directly to traders, retailers

Current system seen reducing farmer bargaining power

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New Delhi | Reuters — India is to allow farmers to sell produce directly to bulk buyers such as trading companies, food processors and large retailers, the farm minister said on Wednesday. This would obviate the need for farmers to bring their produce to India’s more than 7,000 regulated wholesale markets and let buyers buy
Improved demand keeps cattle markets largely steady
Livestock Markets, Markets

Improved demand keeps cattle markets largely steady

Demand outstrips cattle supplies as the spring run comes to an end

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Despite some price increases for feeder cattle, markets were largely steady to higher this week, according to Rick Wright of Heartland Order Buying Co. Any gains, he said, were helped by packing plants in Ontario and Alberta taking in more livestock. “It stimulated some (price) activity on the bigger cattle.” Another supportive factor was that the spring run
Pandemic pricing hits Manitoba cattle values
Livestock Markets, Markets

Pandemic pricing hits Manitoba cattle values

Several auction markets’ sales will be put off due to the Easter long weekend

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Prices for feeder cattle in Manitoba have taken a good hit, as have so many other commodities, during the COVID-19 pandemic, said Harold Unrau of Grunthal Livestock Auction Mart. “Prices are sliding. They’ve gone down quite a bit,” he said, but expressed some optimism. “The futures markets were up again (April 8), so if they
Auctioneer Bill Klassen says it will be hard to enforce social distancing at what's always been a social occasion.
News, Other

Farm auctions OK in social distance era

COVID-19: But the Manitoba Auctioneers Association recommends members opt for online and telephone bidding instead

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How will one of the most traditional and social of rural events — farm auction sales — work during the COVID-19 pandemic? Online and over the telephone is the recommendation from the Manitoba Auctioneers Association (MAA), that is bracing for the start of the sale season. “We can’t tell anyone in the association what they
Manitoba cattle sales picking up steam
Markets

Manitoba cattle sales picking up steam

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livestock Producers worrying about winter feed supplies are starting to ship animals now

Activity at Manitoba’s cattle auction yards is starting to pick up earlier than normal, as concerns over tight feed supplies have ranchers looking to move more animals. The Gladstone Auction Mart held its first sale back after the summer break on Aug. 20, which was about a month earlier than normal, according to auctioneer Tyler
Load limits, calving season drag on activity at auctions
Livestock Markets, Markets

Load limits, calving season drag on activity at auctions

Nebraska was often a major buyer of Manitoba cattle

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As temperatures rise and calving season hits full swing, cattle auction activity in Manitoba was fairly predictable for the week ended March 22. “Numbers were lower than previous weeks,” said Rick Wright of Heartland Buying Order Co. “We expect supplies of feeder cattle to decrease steadily from now until May.” On top of calving season,

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