Market Summary

Slaughter cows and bulls continue to inch higher, up $1-2. Expect this market to stay high as demand for ground beef is exceptional and supply of kill cows and bulls is tight. Feeder cattle fully steady but discounts being noted for quality and excess flesh.  Higher grain costs and lower futures are contributing to a sense of caution in this market.  Futures have fallen pretty significantly in the last few trading days for a few reasons, all of which are related to intervention in the market by the US government.  There was a lot of rumours last week about the US allowing much more foreign beef into the market tariff free that caused the market to tumble.  These rumours have yet to materialize.  There have also been questions about whether beef demand can withstand the skyrocketing cost of fuel because of the Iran war. Again, beef demand seems stable.  And finally the US justice department announced antitrust investigations into beef packers that has the market unsettled. There is no evidence of wrongdoing by the packers but the government is desperate to try and curry favor with the beef producers so they’re putting on a show. So, the futures have a few things fighting against it but the cash market is strong and seems intact.  Look for stable slaughter cattle prices and slowly improving feeder prices moving forward. Ian

Market News

May 14 - NO SALE

May 21 - We will Feature a Full Herd Dispersal For Norman Storch (Cow/Calf Pairs plus Bred Cows)

May 28 - featuring Cow/Calf Pairs

Our Consignment sale is set for June 15th. Reach out to Justin to list your items 587-281-2527

We have switched to a new online auction streaming service. You will need to set up a new profile to view or bid.

GIVE THE OFFICE A CALL OR EMAIL US WITH THE VACCINATION PROGRAM ON YOUR CALVES.

When bringing in cattle please fill out manifests for Feeder cattle separate from Cows/Bulls.

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