Market Summary

Slaughter cows and bulls lower, cows in the mid 170s. Bulls sharply lower because most are exported. Feeders 15-20 cents lower but breds and palpated heifers steady with pre tariff levels.

Tariffs are now lifted till April 2 and the market seemed to respond on Friday with feeders sharply higher again. It’s a very difficult environment to forecast in. All we know is this:  tariffs are lifted for now and the market is a lot better, futures have bottomed and are moving sharply higher, and fat cattle are also trading sharply higher in the US.

Also, fundamentals are great and getting better with placements likely down sharply this month.  So I think the outlook is cautiously optimistic.  It’s also a great time for this to happen as most people’s calves are sold and placed.

If this was happening on October 1 it wouldn’t be funny. I guess we just see what the week brings for news but I think we can be fairly optimistic the market will be all right.  Ian

Market News

March 27 - Featuring Palpated Heifers & Bred Cows &  Heifers

Are you thinking of consigning equipment or shop tools this spring? Give Justin a call @ 587-281-2527 as we are in the planning stages of our June sale.

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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