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Hogs, Markets

Pork cutout sinks, dragging down lean hog prices

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Reuters – Weak cash hog prices and lower pork values dragged the market to a fresh three-month low Jan. 11, traders said. Pork packer margins have eroded and the closely followed cash wholesale pork cutout value fell to the lowest level in nearly two years on the same day. “The anchor on the hogs is
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Markets

Mintec acquires Agribriefing to expand agrifood data offering

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Paris | Reuters — British market intelligence firm Mintec announced on Tuesday the acquisition of Agribriefing in a deal it said would create a leading global provider of data on agricultural and food markets. Financial details were not disclosed. Agribriefing’s businesses include protein price-reporting agency Urner Barry and crop consultancy Strategie Grains, the latter acquired
The return of rain set Manitoba pastures up for recovery this past growing season.
Livestock Markets, Markets

Manitoba cattle year in review: A tale of two halves

Producers entered 2022 reeling from drought but profitability returned later in the year

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If there was ever a year that tested the mettle of Manitoba cattle producers, only for them to see their labours finally rewarded, it was 2022. The Manitoba cattle industry was in crisis mode at the start of the year, still reeling from the historic prairie-wide drought of the previous summer. Frigid temperatures accompanied one
Cattle prices still strong as holidays approach
Livestock Markets, Markets

Cattle prices still strong as holidays approach

Rising costs for trucking may curb demand from East

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Before Manitoba cattle auction sites and producers take a break for the winter holiday season, they are being given an early gift of strong cattle prices. During the week of Dec. 15, lightest steers ranged from $260 to $346 per hundredweight, compared to a similar range of $260-$351/cwt during the previous week. The minimum price
Local interest and Ontario demand fuel cattle feeder market
Livestock Markets, Markets

Local interest and Ontario demand fuel cattle feeder market

Bred cows going to slaughter doesn’t bode well for future of sector

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Feeder cattle markets in Manitoba looked strong in early December as the fall run slowed ahead of the holidays. “This week the market was very aggressive on the feeder cattle … with lots of local interest and strong demand from Ontario,” said Rick Wright of Heartland Order Buying on Dec. 8. He said some cattle
Manitoba’s fall cattle run beginning to wane
Livestock Markets, Markets

Manitoba’s fall cattle run beginning to wane

Better grazing conditions extended the season this fall, which was reflected at auction

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Cattle numbers at auction will likely recede heading into the holidays, says Scott Anderson of Winnipeg Livestock Sales. The fall run has remained strong this year thanks to an about-face in conditions. “The grazing season was so much longer this year than it has been in the past, with all of the moisture we have
Fall run cattle flow slows
Livestock Markets, Markets

Fall run cattle flow slows

Most of the animals sold are headed east or west rather than south

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The fall run may be winding down as the number of cattle sold at Manitoba auction sites declined for the week ended Nov. 24. All eight auction sites held regular sales during the week and total number of animals going through the rings was 15,449, an 11.3 per cent drop from the previous week that
Big fall cattle run could reach holiday season
Livestock Markets, Markets

Big fall cattle run could reach holiday season

Values are expected to see greater fluctuation in the new year

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The number of cattle being sold at Manitoba’s auctions remains high and the fall run is set to push into December, according to Tyler Slawinski, auctioneer at the Gladstone and Ashern auction marts. “The rush is still on. The numbers are high right across the province,” Slawinski said, noting that despite a few cancellations, the
Cattle prices steady as fall run in full swing
Livestock Markets, Markets

Cattle prices steady as fall run in full swing

Increase in bred cattle sales noted as producers exit industry

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The fall run was in full swing across Manitoba’s cattle auction yards during the week ended Nov. 10. Prices held reasonably steady for feeder cattle but butcher cows came under pressure. Top end butcher cows have lost roughly $10 per hundredweight over the past month, and the seasonal increase in numbers coming to market is

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