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Auction mart report for week of Oct. 6, 2023
Auction Mart Updates

Auction mart report for week of Oct. 6, 2023

Regional market analysis from Manitoba and Alberta, courtesy of the Livestock Markets Association of Canada members

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Southern Manitoba, courtesy of Killarney Auction Mart 952 head through the ring this week at Killarney Auction Mart: The market has stabilized. There are still lots of cows heading south this week. Looks like numbers are picking up quicker than usual this fall. While we saw lots of big calves the last week of September […] Read more
CME December 2023 lean hogs with 10-, 20- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs rally, export sales in focus

Cattle futures turn lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied on Thursday, with signs of strong export demand supporting prices following the market’s decline to its lowest in more than four months on Wednesday. The U.S. Department of Agriculture (USDA) said on Thursday morning that export sales of pork totaled 42,900 metric tonnes in […] Read more
CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog futures break losing streak

CME cattle futures close firm

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed firm on Wednesday, snapping a three session losing streak as traders said that the U.S. government’s most recent bearish supply forecast had been priced into the market. Cattle futures were consolidating after posting sharp declines a day earlier, but both feeders and live cattle […] Read more
CME December 2023 live cattle with 20-, 40- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures drop on technical selling

U.S. supply outlook drags on hog futures

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Tuesday, pressured by technical selling and demand concerns, traders said. Hog futures notched their third straight losing session as the government’s bigger-than-expected supply report from last week continued to weigh on the market. The benchmark CME December lean hogs futures contract sank 0.425 cent […] Read more
Feeder cattle reach record-high prices third week of September
Markets, News

Feeder cattle reach record-high prices third week of September

The Markets with Deb McMillin, from the October 17, 2023 issue of Canadian Cattlemen

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Fed cattle Fed cattle prices surpassed expectations for the summer market, only experiencing a moderate downside through the third quarter of 2023. Recently, the market has held mostly steady, trading between $231/cwt and $233/cwt. The third week of September posted a fed steer average of $232.87/cwt, which is $50.93/cwt higher when compared to the same […] Read more
File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Finishers, Livestock, Markets

Klassen: Feeder market falters at record highs

Risk premiums in market seen eroding

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Compared to last week, western Canadian yearling markets traded $2 to as much as $8 lower on average. Calf markets were relatively unchanged to $10 lower. There was moderate demand for top quality grass yearlings but plainer types experienced softer buying interest. Pre-conditioned calves held value but unweaned bawlers appear to set back $5-$10. Seasonally, […] Read more
CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs extend selloff on supply view

Cattle futures book gains

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell sharply for the second day in a row, hitting a four-month low as traders adjusted their expectations for prices to reflect the U.S. government’s bigger-than-expected supply view. “We simply don’t need the sow base we currently have or need lower prices to clear the […] Read more
CME December 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs limit down on USDA report

Chicago cattle also end lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures tumbled by the daily trading limit on Friday under pressure from stronger-than-expected productivity in U.S. herds, analysts said. The U.S. Department of Agriculture, in a quarterly report issued after trading ended on Thursday, surprised analysts by reporting the average pigs saved per litter reached 11.61 […] Read more
Calves in the ring at Perlich Bros. Auction Mart.
Auction Mart Updates, Markets

Auction mart report for week of Sept. 29, 2023

Regional market analysis from Manitoba, courtesy of the Livestock Markets Association of Canada Members

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Southern Manitoba | Western Manitoba | Southern Alberta Southern Manitoba, courtesy of Killarney Auction Mart This week,1,215 cattle went through the ring at Killarney Auction Mart: The last week of September often sees the best quality calves of the fall. This is the week when you see Jan./Feb. steer calves start to show up in […] Read more

Canadian Cattlemen Presents: Depth of Field

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AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

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