Auction facts and stats from the year so far

Auction facts and stats from the year so far

The lack of seasonal movement in prices this year was unusual

As some Manitoba cattle auction sites get set to begin the fall run in late August, producers might wonder if elevated prices throughout most of 2023 will carry into the latter months. Brenna Grant, executive director of Canfax, the marketing analysis division of the Canadian Cattle Association, said they should expect more of the same.

Livestock auction sites prepare for early reopenings

Livestock auction sites prepare for early reopenings

While not as significant as 2021, auctions are still extending their normal dates

It’s not the situation that faced Manitoba auction sites in 2021, when the summer break was cut short due to historic drought, but some sites this year will start the fall run a few weeks early. The early start is due to ongoing heat and dryness experienced for much of this summer, particularly in southwestern


Aerial view of a cattle feedlot in Texas.

U.S. beef cow herd falls to 52-year low

Reuters – American farmers are raising the fewest beef cows since at least 1971, according to U.S. government data released July 21. Drought conditions in North America have whittled herds, likely boosting costs for meatpackers. There were 29.4 million beef cows in the U.S. as of July 1, down 2.6 per cent from a year

Cattle prices strong as fall run approaches

Cattle prices strong as fall run approaches

Drought in Manitoba isn’t as bad as 2021, but earlier auction openings are possible

Four cattle auction sites in Manitoba held regular sales for the week ending July 27, and two more have announced their returns for the fall run. Heartland Livestock Services in Brandon and Virden, as well as Grunthal Livestock Auction Mart and Winnipeg Livestock Sales all had sales during the week. In total, 1,125 cattle went


Slaughter prices steady to lower in lone sale

Slaughter prices steady to lower in lone sale

Manitoba’s cattle sector is still in its summer slog, with low volumes headed to the ring

Summer is the slow season for Manitoba’s cattle industry and only one auction facility was open during the week of July 14-20. The Grunthal Livestock Auction Mart Ltd. hosted its sale July 18 with 63 head, including only nine feeder cattle. “There’s almost no feeder cattle moving at this time of year. Most markets are

High cattle prices seen continuing into fall

High cattle prices seen continuing into fall

Strong beef demand from consumers also carried into the first half of 2023

The only things hotter than Prairie temperatures this summer were the prices for cattle during the spring run. While only a handful of cattle auction sites remain open in Manitoba, feeder and slaughter cattle continue to be sold at rapidly rising prices unseen in at least a decade. For example, on Jan. 10, the highest-priced


High prices drawing cows to market early

High prices drawing cows to market early

Values remain historically strong at limited sales

Activity may have slowed for the summer at Manitoba’s cattle auction yards, but optimism is high, with strong prices expected when the fall run eventually gets underway. Only a handful of sales took place during the last week of June, with many auctions closed for the season or operating at a reduced schedule. However, prices

High prices, optimism buoy beef producers

High prices, optimism buoy beef producers

Tighter cattle supplies have ‘shifted the dynamic’

This past spring saw a bull market in terms of cattle prices. The fact of fewer animals in North America caused cattle futures on the Chicago Mercantile Exchange, as well as local prices, to surge toward levels unseen in nearly a decade. Manitoba Beef Producers past-president Tyler Fulton, now vice-president of the Canadian Cattle Association,


Cattle prices in a ‘constant climb’

Cattle prices in a ‘constant climb’

Sales might have to resume ahead of schedule if dry weather persists

Most cattle auction sites in Manitoba held regular sales for the last time this season during the week ended June 15. Killarney and Ashern Auction Marts conducted their final sales of the season on June 12 and 14, respectively. Winnipeg Livestock Sales will begin a bi-weekly summer schedule on June 23, while Gladstone Auction Mart