where livestock buyers and sellers meet

Market Reports

As of January 12, 2018

We wish everyone a Happy New Year and as the post Xmas market unfolds we saw butcher cattle improve and a drastic drop in feeder cattle prices. Butcher cows traded $3-4 higher than before the holidays. Top cows to $88 with most decent cows trading in the $80-85 range. Bulls traded steady to $1 higher with top bulls to $95 on limited supply and quality. Feeder cattle have continued to drop since before the holidays as many backgrounding operations fill up and prices fall in line to where the finishing lots want to price cattle. The futures market has also dampened spirits on replacement cattle as well. The largest swing appears to be in the mid to heavy feeders as most 750-900 lb cattle are trading $15-20 behind December prices. Most 800lb cattle fail to break $180cwt. Most light weight cattle continue to trade within $5 of pre Xmas trade prices. Most forecasts expect grass weight calves to resist the market drop in prices.

On our January 29th sale we will have a small estate dispersal sale of 8 Red Angus bred cows that are bred back to red angus bulls. These cows are 3-8 years old and expected to calve in March.

 

 

 

 

CALVES THAT ARE RECENTLY WEANED AND STALE LOOKING ARE BEING DISCOUNTED UP TO $40cwt.

If you are planning on selling calves in the next month or so, please call ahead to book your cattle with us. If we know how many cattle are coming it allows us to inform buyers so they can have adequate trucks available.

 THE LINK TO PRINT YOUR OWN LIVESTOCK MANIFESTS IS AS FOLLOWS...http://www.gov.mb.ca/agriculture/livestock/livestock-manifest.html

 A REMINDER TO PRODUCERS TO GET YOUR PREMISE ID NUMBERS FROM THE GOVERNMENT. THIS IS GOING TO BECOME MANDATORY IN 2018. ALL PRODUCERS WILL NEED TO FILL OUT MANIFESTS WHENEVER THEY TRANSPORT CATTLE FROM HOME TO EITHER AUCTION MARTS OR PASTURES. THESE MANIFESTS WILL HAVE TO INCLUDE YOUR PREMISE ID NUMBERS AS PART OF THE NEW NATIONAL TRACIBILITY PROGRAM.

Please contact: Manitobe Premise ID Program-204-945-7684 or email traceability@gov.mb.ca

You can also vist their website www.manitoba.ca/agriculture/pid

view full report

back to top