Cows, calf, and a pig.

Manitoba launches livestock price insurance for cattle, hogs

The program based on Western Canada prices offers better protection than CME futures hedging

A new price insurance scheme for Manitoba livestock producers has officially been launched, but whether there will be a stampede through the gate remains to be seen. Applications for the Western Livestock Price Insurance Program (WLPIP), a new tool to manage risk and withstand market volatility, were unveiled last week by Food and Rural Development


U.S. cattle herd declines but northern states see increases

The U.S. Department of Agriculture’s National Agricultural Statistics Service released the much-anticipated “Cattle” report on Feb 1. The semi-annual inventory report confirmed what many cattle market observers had expected: The record-setting drought in the southern Plains in 2011 that expanded into much of the country, including the Corn Belt in 2012, caused lower cattle numbers.

North/south split in U.S. cattle trends

The U.S. Department of Agriculture’s National Agricultural Statistics Service released the much-anticipated “Cattle” report on Feb. 1. The semi-annual inventory report confirmed what many cattle market observers had expected: The record-setting drought in the southern Plains in 2011 that expanded into much of the country, including the Corn Belt in 2012, caused lower cattle numbers.


Good demand lifts feeder cattle at lighter weights

Feeder cattle prices were mostly stronger during the week ended Feb. 8 at auction yards across Manitoba, with the exception of heifers that weighed more than 650 pounds. There are more heifers around over 650 lbs. in the province, but Allan Munroe at Killarney Auction Mart isn’t sure that’s why their prices weren’t as strong

Fall calf run finally in full swing

The fall calf run was finally in full swing at cattle auction yards across Manitoba during the week ended October 26. “The calf run was slow to come,” Rick Wright, a buyer with Heartland Order Buying Company said. “Up until this week, we were probably running at about 70 per cent of the calves that


Producers cash out before calf market nosedives

With his calculator at the ready beside him, Pipestone-area rancher Bob Forder watched as the first lot of “good solid” black calves at Heartland Livestock Services’ first fall pre-sort sale came through the ring. When the bidding stopped at $1.725 per pound for the lot averaging 533 lbs, a fellow in the row in front of him turned