Cattle supplies declining, buyer demand increasing

Cattle supplies declining, buyer demand increasing

Manitoba auction markets report fewer head of cattle for sale

The number of cattle headed to Manitoba’s weekly auctions is expected to decline, according to Harold Unrau, manager at Grunthal Livestock Auction Mart. “There’s hardly any butchers left on the farms because they sold them all earlier,” Unrau said. “The feeder cattle are going to slow down too, as not many are left out in



Demand strength, moderate supplies lift cattle prices

Demand strength, moderate supplies lift cattle prices

Eastern buyers took some higher-quality slaughter cattle

Market activity was steady and predictable at Manitoba’s cattle auction for the week ended March 29. With fewer slaughter cattle coming to market each week, prices remained fairly even, lifting up three to five cents per pound in some areas. Some slaughter cattle stayed local, with higher-quality cattle heading east into Ontario and Quebec. “Fed



Load limits, calving season drag on activity at auctions

Load limits, calving season drag on activity at auctions

Nebraska was often a major buyer of Manitoba cattle

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,


CME May 2019 feeder cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Klassen: Feeder market incorporates risk premium following U.S. floods

Compared to the previous week, western Canadian feeder cattle sold steady to $4 higher the week ending March 23. Favourable spring weather enhanced demand for yearlings from major finishing operations; Lethbridge-area markets were notably $3-$5 higher as feedlots focused on local cattle. While feeding margins remain in negative territory, strength in the deferred live cattle

Winter weather drags on Manitoba cattle auction action

Winter weather drags on Manitoba cattle auction action

Buyers in the U.S. and down east are becoming less of a factor

More winter weather hit parts of southern Manitoba during the week ended March 15, disrupting some cattle auction activity. However, signs of spring were also starting to be felt across the province. While Manitoba may be getting some better weather, “it doesn’t look like Nebraska is,” said Allan Munroe of Killarney Auction Mart. Heavy flooding



“(Fat cattle are) not where the producers want to see them.” Robin Hill, Heartland Livestock Services, Virden.

Cattle prices remain ‘fully steady’ with some exceptions

Total auction sale volumes increased on the week

Cattle prices saw only small changes for the most part at several Manitoba auctions for the week ending March 1. “I felt the market was fully steady,” said Robin Hill of Heartland Livestock Services’ auction facility at Virden, speaking of cattle under 700 lbs. For example, feeder heifers in the 400- to 500-lb. range were