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Slaughter pace improved, cattle backlog remains
Livestock Markets, Markets

Slaughter pace improved, cattle backlog remains

Manitoba’s livestock markets take the week off for Canada Day

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Cattle auctions in Manitoba were quiet during the week ended July 3, with any yard not already closed for the summer taking the week off for Canada Day. Cattle futures in the United States moved higher during the week amid signs of a global economic recovery. The cattle industry is showing some signs of stabilizing after the COVID-19 pandemic forced slaughterhouse
Demand strong ahead of summer slowdowns
Livestock Markets, Markets

Demand strong ahead of summer slowdowns

Fed cattle prices have shown improvement

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Prices for cattle at auctions across Manitoba were stronger ahead of the summer slowdown during the week ended June 11. “There’s some optimism for feeder cows, because we can put them away for a later market,” said Tyler Slawinski, an auctioneer for the livestock markets at Ashern and Gladstone. Demand is strong for heavier feeder cattle, which has supported prices, he said. At
Manitoba’s pork sector continues to grapple with many questions and few answers as it navigates the ‘new normal.’
Hogs, News

Pork sector still facing uncertain landscape

The effects of market disruption from COVID-19 and plant closures has yet to dissipate, leaving many questions for the sector

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The hog market is starting its rebound with news that previously plugged value chains are once again starting to move — but the sector has a long climb ahead. Bill Alford, general manager of Hams Marketing, noted that U.S. processors previously shut down due to COVID-19 are once again ramping up operations, although the backlog of market-ready hogs held
Cattle prices improve prior to summer shutdowns
Livestock Markets, Markets

Cattle prices improve prior to summer shutdowns

Overall cattle traffic at auctions was down by almost two-thirds

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Just as the spring run in the Manitoba cattle auctions comes to an end, prices gained a little ground for the week of May 29 to June 4. Keith Cleaver of Heartland at Brandon said increased demand provided support for prices, while Harold Unrau of Grunthal Auction Mart added that “a lack of product” also helped. With several auctions closed this
Increased slaughter activity revives optimism at auctions
Livestock Markets, Markets

Increased slaughter activity revives optimism at auctions

Chicago live cattle last week climbed to their best levels since early March

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Cattle prices at Manitoba auction yards have shown some considerable improvement over the past month, as activity starts to slow down ahead of the summer and earlier disruptions due to the COVID-19 pandemic have largely sorted themselves out for the time being. “It certainly has perked up,” Allan Munroe of Killarney Auction Mart said of
Demand returning to Manitoba cattle sales
Livestock Markets, Markets

Demand returning to Manitoba cattle sales

An increased pace in beef processing helped lift cash prices and futures

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Slaughter and feeder cattle prices in Manitoba have recovered slightly from prior lows caused by processing plant shutdowns due to COVID-19. “Between when they bottomed out two weeks ago and now, we’re probably seeing a spread of about 30 to 50 cents higher,” said Tyler Slawinski, an auctioneer for Ashern and Gladstone’s markets. Slawinski credited the uptick in
Improved demand keeps cattle markets largely steady
Livestock Markets, Markets

Improved demand keeps cattle markets largely steady

Demand outstrips cattle supplies as the spring run comes to an end

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Despite some price increases for feeder cattle, markets were largely steady to higher this week, according to Rick Wright of Heartland Order Buying Co. Any gains, he said, were helped by packing plants in Ontario and Alberta taking in more livestock. “It stimulated some (price) activity on the bigger cattle.” Another supportive factor was that the spring run
Heavyweight cattle prices pressured by lack of demand
Livestock Markets, Markets

Heavyweight cattle prices pressured by lack of demand

Plant closures are adding to the usual seasonal lull expected for this time of year

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Cattle volumes at auctions across Manitoba are starting to dwindle, which is typical for this time of year. “Numbers are down everywhere,” said Rick Wright of Heartland Order Buying Co., remarking that some auctions had already switched to their summer schedule of holding auctions every two weeks. Prices for feeder cattle below 750 pounds have held steady, but
Supply chain problems weigh on cattle prices
Livestock Markets, Markets

Supply chain problems weigh on cattle prices

Locals who usually seek cattle for grazing are staying clear of auctions

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Auction markets across the province are feeling the burden of COVID-19, as supply chain issues have put pressure on feeder and butcher cattle. Feeder cattle prices at Grunthal Livestock Auction Mart were steady to slightly lower during the week ended April 17, with sharper losses observed in butcher cattle prices. Weakness in butcher cattle pricing
Broader cattle market volatility resonates at local level
Livestock Markets, Markets

Broader cattle market volatility resonates at local level

Meat supply lines are filling up again in the wake of pandemic panic buying

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In addition to ongoing COVID-19 social distancing measures, a spring snowstorm also hampered some movement at Manitoba cattle auction yards during the first week of April. Prices were generally steady to higher compared to the previous week, although volatility in global markets was also being felt at a local level. “The cows are still calving,

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