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Summer lull settles in for sheep, goat sales
Livestock, Livestock Markets

Summer lull settles in for sheep, goat sales

Producers are getting busy around the farm and will defer marketing

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The temperatures may have been stubbornly sticking to the low side, but already it is starting to feel like a summer market. That’s when producers, busy with summer farm projects and other activities, withdraw from the market and animal numbers fall. Generally prices take a breather and decline a bit during this period too. At
Higher interest rates and a slowing economy will likely see consumers with fewer dollars to spend in 2019.
Livestock Markets, Markets

Consumers won’t want for meat supplies this year

‘Exceptional’ demand in 2018 supported fed cattle prices

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Manitoba’s cattle auction yards remained quiet over the week ended Jan. 4, with activity set to start back up at most locations during the first full week of the month. Live cattle futures in Chicago ended 2018 at some of their highest levels of the past year, but subsequently spent the first days of 2019
Cows herded in to holding pen
Livestock Markets, Markets

Prices strong at Manitoba sales on second-cut cattle

Rising CME live cattle futures have run into resistance

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Manitoba cattle auction yards were still keeping busy during the second week of December, as ranchers cleaned out cattle and feedlots looked to fill some pen space. Roughly 5,600 head of cattle were sold in the province during the week ended Dec. 14, well below the 10,000 cattle that moved through the rings the previous
With cattle prices being relatively positive for the time being, one industry watcher predicts there could be an early fall run to market.
Livestock, Livestock Markets

Concerns over limited feed could mean early fall run

Cattle prices remain steady on summer-level volumes

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After low-yielding hay cuts have left Manitoba cattle producers scrambling to find hay to buy, some producers are starting to consider their options — including selling earlier than usual. “I would say there’s definitely concern for sure. I’m not saying it’s in dire, desperate need today, but there’s definitely concerns of feed (shortages) in areas,”
There is still a big spread between prices paid for steers and heifers.
Livestock Markets, Markets

Cattle prices ‘hit the bottom’ at Manitoba auction sales

Recent sales point to interest in top-quality heifers

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Prices carved out a bottom for themselves at most Manitoba auction marts during the week ended April 20, according to one industry expert. Bids for heavier cattle dipped a few dollars on average while lower weights also were under pressure. Steers in the 400- to 500-lb. class were generally in the mid-$230s to -$250s per
U.S. futures spur downturn at Manitoba auction marts
Livestock Markets, Markets

U.S. futures spur downturn at Manitoba auction marts

USDA’s Cattle on Feed report is bearish for markets

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Cattle numbers shrank at Manitoba auction marts for the week ended March 30, as the latest U.S. Cattle on Feed report left an unsavoury taste in sellers’ mouths. The U.S. Department of Agriculture (USDA) Cattle on Feed report, released March 23, showed ranchers sent seven per cent more cattle to feedlots in February, compared to
Cows herded in to holding pen
Livestock Markets, Markets

Rising Chicago futures support Manitoba values

Availability of trucks may soon become a market issue

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Cattle prices rose at Manitoba auction marts during the week ended Oct. 27, as futures prices on the Chicago Mercantile Exchange helped push up sales. “Just about every day it’s been positive (on the Chicago Mercantile Exchange) and that’s what is holding the market probably together on the feeder cattle,” said Robin Hill with Heartland
Strength in beef demand, futures supports prices
Livestock Markets, Markets

Strength in beef demand, futures supports prices

More U.S. cattle coming to market could add pressure

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Cattle prices at Manitoba auction marts remained surprisingly strong for the week ended Oct. 20 as higher U.S. futures prices and steady demand elevated prices across the board. Bids for feeder steers (300-400 lbs.) were up roughly $5 per hundredweight, with top-quality feeders attracting strong bids. The heavier-weight animals also attracted solid interest. Steers (700-800
Manitoba markets shrug off bearish fundamentals
Livestock Markets, Markets

Manitoba markets shrug off bearish fundamentals

Sales in the southwest region book larger numbers


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Lively activity at Manitoba cattle markets during the week ended Sept. 29 was surprising, given current market fundamentals, said Rick Wright of Heartland Order Buying Co., in Virden. Calves coming to market straight off cows were attracting higher prices and higher volumes, at least in southern markets, he said. The market in Virden had almost

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