Is the strong cattle market sustainable?

Is the strong cattle market sustainable?

If a correction comes, overextended producers could be hit hard

The Manitoba cattle market remains strong but the sustainability of current high prices is a question. “I talked with some local abattoirs and they say they really can’t compete with some of the bigger operations in the cities doing things cheaper or on a higher volume,” said Tyler Slawinski, auctioneer at the Gladstone and Ashern


Rising temperatures mean rising cattle numbers at auction marts

Rising temperatures mean rising cattle numbers at auction marts

Temperature spike causes muddy pens, early breakup and animals thrown off feed

The number of cattle going through Manitoba cattle auction sites continued to increase during the week ended Feb. 1. Two weeks after frigid temperatures kept many buyers and sellers at home, warmer-than-normal temperatures to end January attracted more than 1,000 animals to the weekly sales at every site except Winnipeg Livestock Sales. In total, 11,580

Cattle consultant Rick Wright doesn’t expect tight cattle supplies to loosen anytime soon.

Price peaks require smart marketing

Beef producers need to play it smart and know their cost of production if they’re going to laugh their way to the bank

Rick Wright of Cattle Consulting doesn’t see any signs that the cattle price gravy train will be slowing any time soon. “There’s more than just optimism out there. The fundamentals support a pretty good market moving forward,” he said. “Will it be better than 2023? Maybe not, but I think it will be every bit