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Consistent demand supports prices ahead of slowdown
Livestock Markets, Markets

Consistent demand supports prices ahead of slowdown

Many producers may be wishing they had more to sell

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Cattle prices remained firm at Manitoba auction marts during the week ended June 9. Bids for steers (400-500 lbs.) rose $3-$5 per hundredweight on average with other lightweight animals also showing slight improvements. The heavier-class animals posted gains with heifers (600-700 lbs.) rising roughly $5-$10. “All the classes look strong; some guys are making $400
Short week stays quiet as most major marketings done
Livestock Markets, Markets

Short week stays quiet as most major marketings done

USDA’s latest Cattle on Feed numbers will be bearish

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The Victoria Day long weekend limited activity at Manitoba’s cattle auction yards during the week ended May 26, but the market was steady for the animals that still moved. “I didn’t see any change from the previous week. Everything was fully steady on the feeder cattle,” said Robin Hill of Heartland Livestock Services at Virden.
Prices remain firm as buyers seek grass cattle
Livestock Markets, Markets

Prices remain firm as buyers seek grass cattle

Beef demand is seen steady leading up to Father’s Day

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Prices for cattle at Manitoba auction yards stayed relatively firm amid declining volumes. Around 4,600 animals made their way through the rings during the week ended May 19, down from 7,500 the week before. There was some softening on heavier-weight steers, while lower-weight animals held their own and ticked higher in a few cases. “The
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle market remains firm

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Western Canadian feeder cattle markets traded $3-$5 above week-ago levels although lighter weight categories experienced week-over-week gains of $8 to as much as $12. The fed cattle market went through a correction, with live sales quoted from $181 to $186, down from the last week average trade of $195. This weaker live cattle trade appeared
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle markets erupt

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Western Canadian feeder cattle markets traded $10-$13 above week-ago levels and in some cases as high as $20. Buying interest exploded early in the week as adverse weather wreaked havoc across the U.S. southern Plains. Demand for replacements continued to intensify as the fed cattle prices surged. Alberta packers experienced strong competition from buyers south
Stronger futures and weaker dollar boost cattle prices
Livestock Markets, Markets

Stronger futures and weaker dollar boost cattle prices

Feeders benefit from abundant feed supplies and 
fallout from the Brazilian beef scandal

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The numbers moving through Manitoba’s cattle auction yards may be slowing down for the season, as attention turns to spring field work and other priorities, but prices for the cattle still finding their way to the rings continue to strengthen. U.S. feeder cattle futures are at their highest levels of the past year, while the
Prices strong as Manitoba producers clear out pens
Livestock Markets, Markets

Prices strong as Manitoba producers clear out pens

Cattle prices keep on climbing despite expectations

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Bids on Manitoba cattle remained strong during the week ended April 7, as farmers cleaned out their pens and took leftover cattle and other animals that had been backgrounding to market. Roughly 11,500 head were shown at the province’s eight major stockyards. “We’re seeing cattle that were small in the fall; now it’s time for
Optimism drives investment in lighter-weight cattle
Livestock Markets, Markets

Optimism drives investment in lighter-weight cattle

Demand is strong down east, not so much from the U.S.

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The last week of March was a busy one for most auction marts in Manitoba as just over 12,200 animals made their way to the stockyards. “We’re getting very good volumes at the market,” said Rick Wright of Heartland Order Buying Co. “We’re getting a lot of light cattle weighing under 800 lbs.” Most of
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle upward trend stalls

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Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Noticeable slippage was noted in shorter-keep cattle while lighter weight categories experienced spurts of $2-$3 above last week’s prices. Alberta packers were buying fed cattle at $292 on a dressed basis, up about $4-$6 from week-ago levels. However, auction rings experienced a subdued tone

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