cattle loading into trailer

Climbing cattle futures support Manitoba markets

Brazil’s meat scandal offers brief spillover support


Cattle auctions in Manitoba saw some good strength during the week ended March 24, as rising U.S. futures provided underlying support. “The (U.S.) futures board’s been climbing, which is certainly helping drive demand,” said Allan Munroe of Killarney Auction Mart. Both the feeder and finished cattle futures at the Chicago Mercantile Exchange climbed higher during

Local cattle values rise on Chicago cattle futures

Local cattle values rise on Chicago cattle futures

The loonie gained strength but remained low overall

Prices for cattle at auction marts across Manitoba picked up on the week, as advances in the futures lent support. At the same time, cattle prices in the U.S. have seen an even bigger jump, leading to increased demand from the country. After being closed the previous week, Heartland Virden had a 3,207-head sale on


Weaker loonie draws U.S. cattle buyers to Manitoba

Prices have local buyers seeking out bred cattle

Cattle moving through Manitoba’s auction yards saw some strength during the week ended March 3, as a combination of rising U.S. futures and a weaker Canadian dollar gave local prices a boost. Heartland Livestock Services at Virden was the busiest auction yard in the province during the week, holding three sales: a bred cow sale,

(Photo courtesy Canada Beef Inc.)

Klassen: Healthy margins drive feeder complex

Western Canadian feeder cattle markets traded steady to $5 higher compared to week-ago levels. Buyers were quite meticulous on flesh levels and quality features in the heavier weight categories; however, feedlot operators were definitely more aggressive this week. Major operations have liquidated a fair amount of fed cattle and these players are anxious to reload


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle drop on cautious feedlot demand

Western Canadian feeder cattle markets traded $3 to as much as $8 below week-ago levels as feedlot managers anticipate growing beef supplies during the late spring and summer. Heavier weight categories absorbed the brunt of the selling pressure, with backgrounding operators liquidating fall-placed calves. Certain groups of higher-quality heifers held value with the purpose of




Just a bad patch? Or is the cattle sector in denial?

Just a bad patch? Or is the cattle sector in denial?

Charlie Gracey says an ambitious plan to revitalize the beef sector 
isn’t working, but Dave Solverson says give it time

The cattle industry needs to stop patting itself on the back and face an uncomfortable truth — its grand plan to create a bright new future isn’t yielding results. That’s the view of Charlie Gracey, one of Canada’s most renowned experts on the beef industry. And all you have to do is look at the



Beef cattle market continues to see volatility

Beef cattle market continues to see volatility

Coming off two years of solid prices, cattle producers are adjusting to the realities to today’s market

There’s just one way to describe the beef market over the past five years — volatile. Benjamin Hamm, farm management specialist with Manitoba Agriculture, says that’s the only thing that comes to mind when he looks at the market. “In 2015 we had some crazy highs, up to $3.75 and even a few spikes to