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Cows herded in to holding pen
Livestock Markets, Markets

Fall cattle rush tapers off for most Manitoba auction sales

Cattle numbers are still increasing at Ashern, though

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Bucking the trend of declining numbers of cattle going to auction, Ashern Auction Mart is still witnessing increasing numbers and expecting more. Ashern had numbers jump by 21 per cent for its Nov. 28 sale, according to manager Kirk Kiesman, who said he’s expecting more for its Dec. 5 sale. “I would say we are
CME August 2019 live cattle (red) and January 2019 feeder cattle (blue). (Barchart)
Livestock, Markets

Klassen: Feeder market searching for direction

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Western Canadian feeder cattle markets were quite variable from seven days earlier. Prices were unchanged in the eastern Prairie regions; however, Alberta markets traded $3 to as much as $7 below week-ago levels. Alberta and Saskatchewan feedlot inventories are running 16 per cent above year-ago levels, so there’s limited buying power available. Calves are fleshier
Manitoba’s premiums from out east grind downward
Livestock Markets, Markets

Manitoba’s premiums from out east grind downward

Sales are seen winding down in mid-December for the year

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Prices for cattle at Manitoba auction marts are starting to settle closer to their western Canadian counterparts after riding a high throughout most of the fall run. “It looks like we’ve hit the peak. It has come and gone here,” said Rick Wright of Heartland Order Buying. That said, run numbers “are still quite good.”
Large volumes were seen last week at Manitoba cattle auction marts.
Livestock Markets, Markets

Cow prices coming under pressure at some markets

Feeder prices remain steady as the fall run continues

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The fall run remained in full swing at Manitoba cattle auction marts during the week ended Nov. 16, with large volumes and reasonably steady feeder prices at most yards. About 16,500 cattle moved through the rings across the province during the week, with demand coming from all of the usual sources. Feeder steers (600 pounds
Livestock, Livestock Markets

Cattle still hitting auctions in numbers

Yet prices are staying relatively steady even in the face of the deliveries

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Cattle sold at the major Manitoba auctions for the week ended Nov. 9 saw prices vary, with some dropping and others holding steady depending on the weight category. “Generally they’re fairly steady. That’s always a positive,” said Allan Munroe of Killarney Auction Mart in Killarney. Killarney’s Nov. 7 auction saw 700- to 800-lb. feeder steers
(WPohlDesign/iStock/Getty Images)
Livestock, Markets

Klassen: Weather weighs on feeder cattle

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Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Eastern Prairie regions experienced demand from Ontario and Quebec, which limited the downside; however, Alberta markets faltered as buyers, having factored in a higher deathloss due to adverse weather. Light wet snow along with warmer temperatures during the
Cows herded in to holding pen
Livestock Markets, Markets

Manitoba cattle market defies trend

The province’s geographic proximity to significant 
domestic markets is coming into play

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Ontario and Quebec interest continues to buoy prices at Manitoba cattle auctions. “Pound for pound, on the good end of the calves, we’re probably still $5 to $7 per hundredweight better than they (Alberta) are,” said Rick Wright of Heartland Order Buying Co. On Oct. 31, good 600-lb. steers at Virden, Man., were attracting prices
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.

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