Cattle markets remain strong in Manitoba

Cattle markets remain strong in Manitoba

A weaker Canadian dollar may attract U.S. buyers

With cattle auctions in full swing across the province, markets have seen steady, strong prices. Brock Taylor of Pipestone Auction Mart said 600- to 700-lb. feeder steers were between $188 and $215 per hundredweight at auction last week. That’s comparable to the Nov. 8 auction, when the same class of cattle sold for between $190




Photo: File

Klassen: Feeder cattle market stabilizes

Compared to last week, Western Canadian feeder cattle markets traded $2 to $3 on either side of unchanged. Most auction barns held feature sales over the past week and steady demand was noted across the prairies. Calves appeared to gain momentum late in the week with favorable weather enhancing buying interest; however, yearlings were quite





(WPohlDesign/iStock/Getty Images)

Klassen: Adverse weather tempers feeder market

Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower. Excessive snow in Alberta and ongoing rains across Manitoba and Saskatchewan set a negative tone. The market appeared to incorporate a risk discount, although many auction barns had limited numbers on offer. Buyers once again focused on local cattle and avoided transportation over

(Photo courtesy Canada Beef Inc.)

Klassen: Yearling prices remain firm

Compared to last week, western Canadian yearling markets were relatively unchanged with the exception of southern Alberta where 800-plus-lb. feeders traded $5 to as much as $8 higher. Strength in deferred live cattle futures and weakness in barley prices were the main factors driving demand in the Lethbridge area. The U.S. Department of Agriculture’s bullish



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market recovers

Compared to last week, western Canadian yearling markets traded $4-$6 higher on average; some packages in Alberta sold $8 to as much as $10 above week-ago levels. Larger feedlot operations were very aggressive on 750- to 900-pounders. The quality of yearlings is excellent at this time of year. Comments from the front row suggest most