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Rising temperatures mean rising cattle numbers at auction marts
Grain Markets, Markets

Rising temperatures mean rising cattle numbers at auction marts

Temperature spike causes muddy pens, early breakup and animals thrown off feed

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The number of cattle going through Manitoba cattle auction sites continued to increase during the week ended Feb. 1. Two weeks after frigid temperatures kept many buyers and sellers at home, warmer-than-normal temperatures to end January attracted more than 1,000 animals to the weekly sales at every site except Winnipeg Livestock Sales. In total, 11,580
Cattle moving in greater numbers
Livestock Markets, Markets

Cattle moving in greater numbers

Trend expected to continue through February

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While there was not much change in cattle prices at the Killarney Auction Mart at its Jan. 22 sale, the number of head sold was slightly more than triple the previous week. There were 1,255 cattle auctioned on Jan. 22, compared to 410 the previous Monday. “Some of those yearlings bought last summer are starting
“… the price high for this cattle cycle might not be seen until the fourth quarter of 2024, or even 2025, depending on the weather.” – Brenna Grant, Canfax.
Livestock Markets, Markets

More record cattle prices likely on horizon

If heifer retention rises, prices will continue to ascend

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Manitoba’s eight cattle auctions and numerous others across Canada witnessed record high prices this past fall, and even stronger prices could be the big story in 2024, according to Brenna Grant, executive director of CanFax. “I think it would be no surprise that, with a smaller North American cattle herd, that the fundamentals remain strong,
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
Cattle prices under pressure at auction sites
Livestock Markets, Markets

Cattle prices under pressure at auction sites

Firmness seen in some classes, heifer market supported by demand

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Cattle prices are up compared to last year, but pressure was apparent at auction sales across Manitoba during the week ended Nov. 16. Most sales saw declines in both volume and price. At Gladstone Auction Mart’s regular sale on Nov. 14, most prices for heavyweight and lightweight cattle were down compared to one week earlier.
‘Strong demand and dwindling supply’ seen on cattle
Livestock Markets, Markets

‘Strong demand and dwindling supply’ seen on cattle

More variation is seen in cattle coming to Manitoba markets

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Cattle prices remain strong despite the heavy influx of cattle heading to Manitoba’s auction marts during the fall run, according to Allan Munroe of the Killarney Auction Mart. “I think there’s a shortage of market-ready fat cattle. There’s strong demand and dwindling supply,” he said, noting a large number of light cattle are coming in

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