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Hogs are pictured before being examined at a disinfection station in Chongqing, China, in January 2019.
Markets, News

Few improvements expected in Chinese hog market

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Reuters – Farmers in the world’s top pork market have lost money for most of this year due to low prices and high feed costs, and the trend is likely to continue. China’s pig production is still growing, a farm ministry official said Oct. 23, and a higher-than-normal number of breeding sows is set to
U.S. futures plunge leaves Manitoba cattle prices unaffected
Livestock Markets, Markets

U.S. futures plunge leaves Manitoba cattle prices unaffected

Interest from Ontario and Quebec should pick up as new-crop corn arrives

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A report from the U.S. Department of Agriculture, which surprised many analysts, won’t cause major changes to cattle prices in Manitoba, according to a consultant.  A bearish monthly cattle-on-feed report plunged prices at the Chicago Mercantile Exchange on Oct. 23. In total, 11.58 million cattle were in U.S. feedlots on Oct. 1, a gain of
Cattle prices dip but remain far stronger than a year ago
Livestock Markets, Markets

Cattle prices dip but remain far stronger than a year ago

Chicago futures seen grinding lower

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Activity is holding up well at Winnipeg Livestock Sales despite some easing in cattle prices, according to field representative Scott Anderson. “The futures have been kind of working their way lower,” he said. The five-day change at the Chicago Mercantile Exchange saw values lose US$1.65 per hundredweight, with the nearby December contract closing on Oct.
High volumes, prices ahead of calf run
Livestock Markets, Markets

High volumes, prices ahead of calf run

End of season appears near for yearlings

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There were more high-volume and high-priced sales at Manitoba cattle auction sites during the week ended Oct. 12. All but two sites surpassed 1,000 cattle through the rings at their respective sales for a total of 12,444, while all sites except Grunthal Livestock Auction Mart sold a feeder steer for more than $500 per hundredweight.
Cattle prices steady but still high
Livestock Markets, Markets

Cattle prices steady but still high

Calves are turning up earlier than usual at Manitoba markets

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High-end prices for feeders were still at record levels for the week ended Oct. 5, but some prices were either steady or lower compared to the previous week. In the case of Killarney Auction Mart, prices for feeder heifers and slaughter cattle were little changed at its regular sale on Oct. 2. Heavyweight steer prices
Producers ask if now is the time to sell
Livestock Markets

Producers ask if now is the time to sell

AUCTIONS | Feeder steers booked higher-than-ever prices

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Most cattle auction sites in Manitoba hosted regular sales during the week ended Sept. 21, with prices for feeder steers higher than ever. The highest price for a steer was $525 per hundredweight at both Gladstone and Ste. Rose Auction Marts. Both weighed 400 pounds or less. All but one auction site, Winnipeg Livestock Sales, sold lightweight
Slaughter cattle prices dip ahead of fall run
Livestock Markets, Markets

Slaughter cattle prices dip ahead of fall run

Cow prices expected to drop, but feeder cattle and calves more hopeful

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Kirk Kiesman of the Ashern Auction Mart hopes cattle prices will not slide when numbers at auction increase as Manitoba’s fall calf run gets underway. “There’s a shortage of cattle in North America with the number at record lows,” said Kiesman. “I’m hoping prices remain strong, definitely on the feeder cattle and calves. The cows,
Record cattle prices close out August
Livestock Markets, Markets

Record cattle prices close out August

Recent lower values for feed, and the loonie, add support

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Most cattle auction sites in Manitoba have reopened after the summer break, and for some, it’s business as usual with the same upward price movement. Heartland Livestock Services at Brandon and Virden, which conducted sales throughout the summer, on Aug. 29 and 30 put 1,721 cattle through the rings, 400 fewer than the previous week.
As most auctions reopen, cattle industry’s future looks grim
Livestock Markets, Markets

As most auctions reopen, cattle industry’s future looks grim

The start of Manitoba’s fall run will now depend on the weather

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All but one of Manitoba’s eight cattle auctions were open during the week of Aug. 18-24, with Winnipeg Livestock Sales set to go ahead on Aug. 25. Gladstone Auction Mart and Ashern Auction Mart were back in business this week, with small numbers of cattle coming in, according to one of their auctioneers, Tyler Slawinski.
Cattle markets gearing up for fall
Livestock Markets, Markets

Cattle markets gearing up for fall

Buyers to the east and west all want Manitoba cattle

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Manitoba cattle auctions are gearing up for a busy fall run, with most yards around the province set to start holding regular auctions before the end of August. Prices remain historically strong, which should be bringing in some yearlings earlier than normal. Given the current market conditions, it makes economic sense to start getting the

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