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Terrific prices, optimism but several ongoing issues for cattle markets through 2023
Livestock Markets, Markets

Terrific prices, optimism but several ongoing issues for cattle markets through 2023

Aging producer population, drought and inflation reduce cattle numbers

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Record prices were a tremendous boon to the Manitoba cattle industry in 2023, but the sector continued to struggle with significant problems during the year, according to Manitoba Beef Producers general manager Carson Callum. “I think the high prices were one of the big things leading to optimism within the sector,” he said. “There’s been
Cattle auction sites closing for the holidays
Livestock Markets, Markets

Cattle auction sites closing for the holidays

Annual holiday slowdown comes after a long and busy fall run

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A few Manitoba cattle auction sites closed their doors for the holiday season after their final regular sales of 2023. Gladstone, Ashern and Ste. Rose Auction Marts all conducted their final cattle sales before the New Year on Dec. 11, 13 and 14, respectively. Winnipeg Livestock Sales had one more regular sale on Dec. 15,
Cash prices lag behind cattle futures
Livestock Markets, Markets

Cash prices lag behind cattle futures

Buyers are paying a premium for healthy calves from proven producers

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Sharp declines in the United States cattle futures market helped bring cattle prices down at auction sites across Manitoba for the week ended Dec. 7. Feeder steers weighing 700 pounds or more ranged in price from $210 to $348 per hundredweight during the week, compared to $225 to $378.50 one week earlier. The minimum price
Large volumes coming in, cattle prices remain strong
Livestock Markets, Markets

Large volumes coming in, cattle prices remain strong

Better weather brings calves to market and a grass cattle shortage looms

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A high volume of cattle came to Manitoba auctions last week and prices held close to record levels. The provincial industry has positioned itself for a potentially excellent start to 2024, according to Gladstone and Ashern auctioneer Tyler Slawinski. Overall volume of cattle coming for sale eased off a little at Gladstone, but Slawinski said
Calves in demand at auction sites
Livestock Markets, Markets

Calves in demand at auction sites

Freeze up is bringing local buyers to look at calves

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Calf prices rose and yearling prices dropped at one Manitoba cattle auction site during the week ended Nov. 23. Scott Anderson, field representative for Winnipeg Livestock Sales, suggested that those buying yearlings were more likely to follow declining cattle futures than those who were buying calves. He also said the yearling market has tailed off
Brandon auction books some terrific Tuesdays
Livestock Markets, Markets

Brandon auction books some terrific Tuesdays

Chicago cattle futures have recovered off recent plunge

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Brad Delgaty’s tenure as the new manager of Heartland Livestock Services in Brandon could not have had a better start. Hired to the position last month, Delgaty’s first order of business was to bring HLS Brandon’s regular weekly auction sales back to Tuesdays, ending a short-lived excursion to Friday sales. So far, the schedule change has paid dividends, as
Cattle prices dip but remain far stronger than a year ago
Livestock Markets, Markets

Cattle prices dip but remain far stronger than a year ago

Chicago futures seen grinding lower

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Activity is holding up well at Winnipeg Livestock Sales despite some easing in cattle prices, according to field representative Scott Anderson. “The futures have been kind of working their way lower,” he said. The five-day change at the Chicago Mercantile Exchange saw values lose US$1.65 per hundredweight, with the nearby December contract closing on Oct.
Cattle prices steady but still high
Livestock Markets, Markets

Cattle prices steady but still high

Calves are turning up earlier than usual at Manitoba markets

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High-end prices for feeders were still at record levels for the week ended Oct. 5, but some prices were either steady or lower compared to the previous week. In the case of Killarney Auction Mart, prices for feeder heifers and slaughter cattle were little changed at its regular sale on Oct. 2. Heavyweight steer prices
Downside to record cattle prices spurs call for industry co-operation
Livestock Markets

Downside to record cattle prices spurs call for industry co-operation

AUCTIONS | For auction markets, this fall run looks to be more like a fall marathon

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Prices at Manitoba’s cattle auctions continued to be among the strongest ever seen during the week ended Sept. 28 — and as the fall run got fully underway, the province saw large numbers of cattle come in for sale. “It’s very busy,” said Tyler Slawinski, auctioneer for Gladstone as well as the Ashern Auction Mart.
Producers ask if now is the time to sell
Livestock Markets

Producers ask if now is the time to sell

AUCTIONS | Feeder steers booked higher-than-ever prices

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Most cattle auction sites in Manitoba hosted regular sales during the week ended Sept. 21, with prices for feeder steers higher than ever. The highest price for a steer was $525 per hundredweight at both Gladstone and Ste. Rose Auction Marts. Both weighed 400 pounds or less. All but one auction site, Winnipeg Livestock Sales, sold lightweight

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