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Manitoba cattle market better than rest of Prairies
Livestock Markets, Markets

Manitoba cattle market better than rest of Prairies

Geography is working in favour of local producers, with more nearby market options

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While cattle prices are starting to soften across most of Western Canada, Manitoba is finding itself as the exception. “In Manitoba things aren’t looking too bad. They’ve got some options there, their price has almost been a premium, or some of the strongest in Western Canada,” said Brian Perillat, manager and senior analyst at Canfax.
Wet weather supportive for Manitoba’s cattle markets
Livestock Markets, Markets

Wet weather supportive for Manitoba’s cattle markets

A weaker loonie and higher pork prices haven’t hurt, either

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Wet weather is holding producers back from rushing to sell their cattle in Western Canada, according to an analyst. “Volumes are a decent size, but they’re not burdensome by any means. (They’re) maybe slowed down a little bit by the weather and guys maybe reassessing if things are going to green up. It just takes
Jane Thornton takes on pasture productivity during the 2018 Beef and Forage Days stop in Holland Feb. 1.
Livestock, Local news

Markets and management at Manitoba Beef and Forage Days

Attendees to the 2018 Beef and Forage Days got both a window into the industry and a crystal ball on where it’s going next, including management strategies on the horizon

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Manitoba’s beef industry got an update from the ground up last week. Manitoba Beef and Forage Days kicked off with topics like pasture management, grazing systems, traceability and a market forecast from Canfax. The tour made five stops in as many days from Minitonas to Vita during the last week of January, plus two independent
TMX Group, shown here closing the TSX for the day at a Calgary Stampede event in 2012, has announced plans for AgriClear, a new online sales platform for cattle marketing. (CNW Group/TMX)
Beef cattle, Livestock, Markets

TMX turning to cattle sales

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Reuters — TMX Group, operator of Canada’s TSX stock exchange, hopes to rope a piece of the $90 billion North America cattle sector, and said Tuesday it would offer the continent’s first online sales platform of its kind. The expansion into a new business comes weeks after the TMX completed a six-month operations review, which
finished cattle in a feedlot
Beef cattle, Livestock

Is building the Canada beef brand worthwhile if cattle just head south?

Programs like verified sustainable beef are part of the effort to create a premium Canada brand

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Will initiatives like verified sustainable beef and BIXS have value if Canadian cattle just get shipped south? The lower dollar is likely to see more feeder and slaughter cattle end their days on American soil and an overreliance on the U.S. market isn’t a good thing, say industry officials. But current efforts to build the
cattle herd in a pen
Beef cattle, Livestock

Will 2015 be the year we finally see growth in Canada’s cattle herd?

It’s an increasingly familiar story — a ‘big move’ in heifer retention needed
 to rebuild herd, but that’s not easy

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Cattle herd expansion was one of the biggest ‘will they or won’t they’ stories in 2014 — and that little plot line will continue to play out in 2015. “Right now, we’re still in the consolidation phase,” said Brenna Grant, research manager at Canfax. “Inventories are going to be stable on Jan. 1, 2015, and
ground beef exiting a meat grinder
Beef cattle, News

CANFAX bullish on beef market outlook

The forecast is for solid prices in 2015

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The Canadian beef market will likely continue to see bulls in the new year, according to a CANFAX forecaster. “We’re looking at very solid prices for 2015. At the risk of saying it, there’s potential for even higher prices,” Brian Perillat, manager and senior analyst for CANFAX, told a group of producers at this year’s
Beef cattle, Livestock, Opinion

The $5 million advantage of local processing

(Excerpts from the latest Manitoba Cattle Enhancement Council newsletter) Alberta cattle fetch more at auction than Manitoba cattle. A lot more. “One of the main reasons why Manitoba’s prices are lower is because they are the furthest distance away from any federally inspected slaughter plants,” said Canfax market analyst Brian Perillat. The simple fact is
Beef cattle, Livestock, Livestock Markets

Bright outlook for cow-calf sector

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If you thought calf prices were good this winter, just wait until next fall. During the tail end of the 2011 calf run, 550-weight feeder prices averaged around $1.60 per pound. Barring macroeconomic disasters affecting consumer purchasing power in major markets, calves could punch higher next fall to $1.75 per pound, Brian Perillat, manager and

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