GFM Network News



(Photo courtesy Canada Beef Inc.)

Klassen: Optimistic fed cattle outlook supports feeder market

Compared to last week, western Canadian feeder cattle markets traded $2-$4 higher. Strong demand was noted on yearlings, which spilt over into the lighter weight categories. Major feedlot operators in Alberta set the price structure, with aggressive orders flowing across the Prairies. Some operators have been holding back on purchases due to higher prices; however,


Recent rain slows cattle rush at Manitoba auction markets

Recent rain slows cattle rush at Manitoba auction markets

Feeder cattle and calves show price strength

Recent rains in Manitoba have greened up pastures and in turn slowed down the number of cattle headed to market, said Kirk Kiesman, manager at Ashern Auction Mart. In light of the severe drought on the Prairies, and especially in the Interlake region of Manitoba, the Ashern market organized a number of auctions this summer.

Dry conditions generate slaughter cow traffic

Dry conditions generate slaughter cow traffic

AUCTIONS | Solid demand remains supportive for prices

While the seasonal slowdown is in effect, activity at Manitoba’s cattle auction yards was still busier than usual for late June, as concerns over pasture conditions and forage availability saw large numbers of slaughter cattle move through the rings. “Drought conditions are pushing slaughter cows to the marketplace,” said cattle buyer Rick Wright of Heartland



Thinning cattle numbers pass through Grunthal

Thinning cattle numbers pass through Grunthal

Some producers kept cattle back on improved pastures

Despite the number of cattle headed to market declining with the greening of pastures, the Grunthal Livestock Auction Mart will continue to press ahead with its weekly auctions, according to manager and field rep Harold Unrau. “We only shut down for the week of July long and the week of August long,” he said. For

Cattle values steady despite futures’ drop

Cattle values steady despite futures’ drop

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

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle markets experience volatility

Beef prices encourage slaughter pace

Compared to the previous week, western Canadian feeder cattle markets traded $3-$4 on either side of week-ago levels. Prices were quite variable across the Prairies with four main factors influencing buyer sentiment. First, the eastern Prairie regions experienced adverse winter weather. Auction barns in Manitoba and eastern Saskatchewan had smaller volumes on offer. Buyers shied


Pipestone fire a loss for Manitoba markets

Pipestone fire a loss for Manitoba markets

Top-end bids for feeder cattle show signs of coming off

Manitoba’s cattle sector took a hit during the week as a fire destroyed the historic Pipestone Livestock Sales yard in the southwestern corner of the province. The blaze started at around 6:30 p.m. on March 1, with over 80 per cent of the structures and equipment engulfed in flames and destroyed, according to owner Gene

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market bounces on optimistic outlook

Feed barley remains near historical highs

Compared to last week, western Canadian yearling prices traded $2-$4 higher; prices for mid-weight calves were quoted $4-$8 above week-ago levels. Calves under 550 lbs. traded $6 to as much as $10 higher compared to seven days earlier. Improving feedlot margins were the main factor driving the feeder market. June and August live cattle futures