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Inventories burdensome on heavier-weight cattle
Livestock Markets, Markets

Inventories burdensome on heavier-weight cattle

Recent snowfalls lend to optimism on grass cattle

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Manitoba’s cattle auctions saw some good numbers move through the rings during the week ended March 23, although prices for heavier-weight animals came under pressure. Roughly 12,000 head were sold at the major auction marts during the week, compared to 13,000 head the previous week. Activity will likely be down during the last week of
Action resumes at auctions after snowstorm passes
Livestock Markets, Markets

Action resumes at auctions after snowstorm passes

U.S. buyers show renewed interest in feeder cattle

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The week ended March 16 was busier for cattle sales across the province, as none of the major outlets had to deal with poor weather. A snowstorm the previous week snowed in many outlets and ranchers were forced to dig out before transporting any cattle. As a result, many yards were busier than normal this
“Cattle eat well in the cold and they eat more when it’s cold.” – Allan Munroe of Killarney Auction Mart.
Livestock Markets, Markets

Cattle arrive at market carrying more poundage

Auction markets now see demand coming from the U.S.

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The effects of this winter’s cold temperatures are starting to become evident as cattle in Manitoba seem to be showing up at auctions weighing slightly more than last year. “Cattle eat well in the cold and they eat more when it’s cold,” said Allan Munroe of Killarney Auction Mart. Last year’s winter was difficult on
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle prices gaining momentum

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Compared to last week, western Canadian yearling prices were steady to $4 higher while calves and grass cattle markets were relatively unchanged. Once again, there was a wide range of prices across the Prairies as feedlots adjust to higher feed grain prices. Secondly, buyers were quick to discount fleshier cattle; backgrounded calves fed too much
cow
Livestock Markets, Markets

Cattle prices supported on interest from Ontario

Cattle volumes increased at Manitoba auctions on the week

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It was a surprisingly busy week for Manitoba auction marts during the week ended Feb. 16, as over 9,000 animals made their way to market, up from just 7,700 the week before. “We saw some good volume this week,” said Rick Wright of Heartland Order Buying Co. “Everyone was up.” Strong interest from eastern buyers
Cows herded in to holding pen
Livestock Markets, Markets

Cattle values generally firm as weather drags on volumes

A weaker loonie didn’t draw much cross-border traffic

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Routine winter movement was the order of the day at Manitoba’s cattle auction marts during the week ended Feb. 9. Only about 6,300 cattle were on offer across the province during the week, down by about 2,000 from the previous week as cold temperatures limited some movement. Values held firm for the most part, with
Stronger loonie, feed costs drag on prices at auctions
Livestock Markets, Markets

Stronger loonie, feed costs drag on prices at auctions

U.S. cattle inventory grew, but not as much as expected

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Manitoba cattle prices stayed under pressure during the week ended Feb. 2, but there are signs that may start to change. “Hopefully (prices are) near a near-term bottom and should pick up heading into the spring,” said Brian Perillat, senior analyst with the Canadian Cattlemen’s Association. Prices at the province’s eight major auction marts were
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market grinds lower

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Compared to last week, western Canadian feeder cattle prices traded $4-$6 lower; however, yearlings and heavier calves experienced a week-over-week decline of $4 to as much as $8 with significant weakness noted in the eastern Prairie regions. Finishing feedlots continue to sit on their hands. Order buyers were active on a scale-down basis and surprised
Cows herded in to holding pen
Livestock Markets, Markets

Cattle prices decline on lack of buyer interest

A wall of heavier-weighted cattle is expected come summer

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Prices for cattle in Manitoba appear to have carved out a bottom, as lukewarm buying interest and a late slide in U.S. futures pointed the way lower. Around 6,300 animals made their way to market during the week ended Jan. 19, up from roughly 3,300 the week before. Prices were mostly similar to last week’s

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