GFM Network News

Values steady at sales despite higher cattle volumes

Traffic was way up at Brandon, Grunthal, Killarney, Gladstone and Pipestone

Now fully into the new year, Manitoba’s livestock auction markets are expecting to see numbers of cattle increase in February and yet more toward spring. “It’s just getting started in the new year. The warm weather definitely helps,” said Harold Unrau of Grunthal Livestock Auction Mart. There were 759 feeder cattle and 170 slaughter cattle

Klassen: Feeder market remains under pressure

Compared to last week, western Canadian feeder cattle prices were steady to $3 lower in Alberta while prices eroded by $2-$5 in Saskatchewan and Manitoba. Noticeable weakness was evident in yearling prices, while grass cattle experienced limited slippage. Backgrounding operators are starting to liquidate fall-placed calves. Quality was quite variable, with fleshier cattle experiencing sharper

Chicago cattle futures pull some bids lower

Manitoba buyers are very sensitive on cattle weights at the moment

Activity was mixed at Manitoba’s cattle auction yards during the week ended Jan. 23, with Ag Days in Brandon likely limiting some of the action on the western side of the province as producers took in the show. Numbers in the west were expected to pick up the following week, while steady trade was anticipated

Firm cattle futures may lift local prices

Possible U.S. trade deals could serve as a boost for market sentiment

Manitoba cattle auctions were quiet over the Christmas and New Year holidays, but firmness in U.S. futures markets could bode well for prices when activity resumes in the first sales of 2020. “I’m looking for a rally in the fats (butcher cattle) into about March,” said Ben DiCostanzo, senior analyst with Walsh Trading in Chicago.

Klassen: Feeder market remains firm

Feeder cattle markets experienced light volumes during the final week of December and prices were relatively unchanged compared to week-ago levels. Yearling values were slightly softer, as these cattle will not have enough time to be ready for the April fed market. Buying interest for mid-weight categories was characterized as sluggish, while light-weight bawlers were

Cattle volumes down from fall run highs

Ontario feedlots have backed off the Manitoba market

Cattle volumes at auctions across the province have come off of fall run highs, providing some support to feeder cattle prices. “We’re through the bulk of fall run numbers, so prices have tightened up,” said Brian Perillat of Canfax in Calgary. “It’s a balancing act, but for the most part, undertones in the market have