Cattle being sold at the Gladstone Auction Mart in Gladstone, Manitoba, on October 28, 2025. Photo: Greg Berg

Manitoba beef weighs farmer futures

Cattle prices are good, but trade uncertainty and rising costs add some damper to the Manitoba beef sector’s celebration

Cattle prices are good, but trade uncertainty and rising costs add some damper to Manitoba beef farmers’ celebration looking into 2026.









Beef cattle chew cud while on pasture near Cypress River, Man., June 11, 2025.

High cattle prices fail to budge cautious beef farmer spending

Canadian beef farmers in 2025 are getting paid plenty for their cattle, but the memory of bad markets and little profit is hard to shake when it comes to big spending decisions

Canadian beef farmers in 2025 are getting paid plenty for their cattle, but the memory of bad markets and little profit is hard to shake when it comes to big investments or projects on their farms.




Cattle prices in western Canada tried to recover from tariff-driven shocks in the week ending March 14.

Feeder market recovers from tariff discounts

Many cattle were moved to U.S. feedlots to avoid tariffs, which may have resulted in higher risk tolerance

As cattle markets recovered from the effect of short-lived tariffs in the week ended March 14, western Canadian feeder markets were trending higher.