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The Manitoba Co-operator | December 19, 2013
LIVESTOCK MARKETS Cattle Prices Winnipeg
December 13, 2013
Cold weather blunts activity at auction markets
Steers & Heifers — D1, 2 Cows 60.00 - 67.00 D3 Cows 57.00 - 64.00 Bulls 78.00 - 83.00 Feeder Cattle (Price ranges for feeders refer to top-quality animals only) Steers (901+ lbs.) 127.00 - 138.00 (801-900 lbs.) 140.00 - 152.50 (701-800 lbs.) 148.00 - 158.00 (601-700 lbs.) 155.00 - 166.50 (501-600 lbs.) 160.00 - 188.00 (401-500 lbs.) 175.00 - 203.00 Heifers (901+ lbs.) 115.00 - 134.00 (801-900 lbs.) 125.00 - 137.00 (701-800 lbs.) 133.00 - 146.00 (601-700 lbs.) 142.00 - 157.00 (501-600 lbs.) 150.00 - 162.00 (401-500 lbs.) 155.00 - 170.00
Heifers
Alberta South 128.00 — 66.00 - 76.00 60.00 - 70.00 80.00 $ 132.00 - 146.00 138.00 - 154.00 143.00 - 158.00 146.00 - 165.00 157.00 - 177.00 170.00 - 190.00 $ 120.00 - 134.00 124.00 - 135.00 127.00 - 140.00 130.00 - 147.00 135.00 - 154.00 142.00 - 161.00
($/cwt) (1,000+ lbs.) (850+ lbs.)
Futures (December 13, 2013) in U.S. Fed Cattle Close Change December 2013 132.25 0.60 February 2014 133.10 0.20 April 2014 134.12 0.37 June 2014 129.05 0.78 August 2014 127.82 1.12 October 2014 129.90 1.00 Cattle Slaughter Canada East West Manitoba U.S.
Feeder Cattle January 2014 March 2014 April 2014 May 2014 August 2014 September 2014
A weaker loonie and cheaper feed boost cattle values
CNSC
Close 167.07 166.55 167.37 168.20 168.77 168.05
Change 2.95 2.13 2.07 2.30 1.90 1.55
Cattle Grades (Canada) Previous Year 45,919 13,275 32,644 NA 641,000
Week Ending December 7, 2013 721 22,205 14,804 620 868 10,126 23
Prime AAA AA A B D E
Previous Year 504 20,381 14,852 1,081 710 11,596 35
Hog Prices Source: Manitoba Agriculture
(Friday to Thursday) ($/100 kg) E - Estimation MB. ($/hog) MB. (All wts.) (Fri-Thurs.) MB. (Index 100) (Fri-Thurs.) ON (Index 100) (Mon.-Thurs.) P.Q. (Index 100) (Mon.-Fri.)
Current Week 166.00 E 155.00 E 156.26 160.10
Futures (December 13, 2013) in U.S. Hogs December 2013 February 2014 April 2014 May 2014 June 2014
Last Week 168.12 157.33 159.08 160.30
Close 81.32 88.00 91.95 98.30 99.80
“Towards the end of January and February there will be decent numbers... But after that, it’ll probably taper off.”
Brandon Logan
Ontario $ 99.09 - 135.19 113.54 - 134.07 52.28 - 77.39 52.28 - 77.39 68.04 - 88.97 $ 142.31 - 163.78 135.03 - 166.21 130.58 - 167.18 137.12 - 176.14 141.72 - 186.35 140.98 - 194.75 $ 123.88 - 142.63 120.41 - 144.22 116.08 - 141.72 112.72 - 147.74 128.22 - 159.88 132.85 - 169.00
$
(901+ lbs.) (801-900 lbs.) (701-800 lbs.) (601-700 lbs.) (501-600 lbs.) (401-500 lbs.) (901+ lbs.) (801-900 lbs.) (701-800 lbs.) (601-700 lbs.) (501-600 lbs.) (401-500 lbs.)
Week Ending December 7, 2013 50,164 14,451 35,713 NA 629,000
$1 Cdn: $ .9438 U.S. $1 U.S: $1.0595 Cdn.
COLUMN
(Friday to Thursday) Slaughter Cattle
Slaughter Cattle Grade A Steers Grade A Heifers D1, 2 Cows D3 Cows Bulls Steers
EXCHANGES: December 13, 2013
Last Year (Index 100) 159.91 149.25 149.82 156.92
Change -1.20 -0.67 -0.20 0.20 0.30
M
anitoba’s auction yards were busy once again during the week ended Dec. 13, but numbers have slightly tapered off the past few weeks due to the extremely cold weather, and are expected to further decline during the final auctions before Christmas. “It was very strong again this week,” said Keith Cleaver, manager of Heartland Livestock Services at Brandon. “The numbers are staying good, but we were a little lighter this week due to the cold on Monday. But besides that, numbers are decent. “I think next week the numbers will be lighter for sure as we get closer to Christmas and the new year.” However, once the holiday break is over, volumes are expected to pick up again for the early part of 2014. “Towards the end of January and February there will be decent numbers,” Cleaver said. “But after that, it’ll probably taper off.” Buyers this week were from the usual spots, with U.S. interest continuing to be strong due to a very weak Canadian dollar, he said. “We had buyers from the East, West, South and locally too,” Cleaver said, adding that poor value in the loonie is making the butcher market more favourable for U.S. buyers. “It’s keeping the butcher cows, ageverified cows and feeder cows fairly strong (in price).” At the start of the week, the Canadian dollar was valued at US93.84 cents, before closing the week slightly stronger at 94.38. In terms of prices, he said feeder and butcher prices were fairly steady during the week and should remain that way going into the new year. “Feeders were fully steady to maybe a little stronger on some classes, while the butchers were fully strong,” Cleaver said. “It looks promising going into the new year. I think prices should remain fairly strong with the low grains prices.”
keith cleaver
The first auctions of 2014 Ashern
Jan. 15
Brandon
N/A
Gladstone
Jan. 14
Grunthal
Jan. 7
Killarney
Jan. 13
Ste. Rose
Jan. 16
Winnipeg
N/A
Virden
N/A
Low grain prices seen in the second half of 2013 were due to extremely large harvests seen in the U.S. and Canada. Ba r l e y p r i c e s d ro p p e d s i g n i f i c a n t l y throughout harvest, as Statistics Canada has pegged 2013-14 production at 10.237 million tonnes, which would be over two million higher than 2012-13 production. Feed wheat prices have also declined, as StatsCan has all-wheat production at 37.53 million tonnes, which would be a Canadian record and over 10 million larger than the previous year’s crop. Current prices are very good for producers, a far cry from prices seen earlier in 2013, Cleaver added. “Towards the end of this year, all the prices got to be better (due) in part to fewer cattle and low grain prices,” he said. “However, earlier in the year, they were surely no good.” Brandon Logan writes for Commodity News Service Canada, a Winnipeg company specializing in grain and commodity market reporting.
Other Market Prices Sheep and Lambs $/cwt Ewes Choice Lambs (110+ lb.) (95 - 109 lb.) (80 - 94 lb.) (Under 80 lb.) (New crop)
Winnipeg (head) (wooled fats) — Next sale is Dec. 18 —
Chickens Minimum broiler prices as of May 23, 2010 Under 1.2 kg................................... $1.5130 1.2 - 1.65 kg.................................... $1.3230 1.65 - 2.1 kg.................................... $1.3830 2.1 - 2.6 kg...................................... $1.3230
Turkeys Minimum prices as of December 15, 2013 Broiler Turkeys (6.2 kg or under, live weight truck load average) Grade A .................................... $1.910 Undergrade .............................. $1.820 Hen Turkeys (between 6.2 and 8.5 kg liveweight truck load average) Grade A .................................... $1.895 Undergrade .............................. $1.795 Light Tom/Heavy Hen Turkeys (between 8.5 and 10.8 kg liveweight truck load average) Grade A .................................... $1.895 Undergrade .............................. $1.795 Tom Turkeys (10.8 and 13.3 kg, live weight truck load average) Grade A..................................... $1.810 Undergrade............................... $1.725 Prices are quoted f.o.b. farm.
Toronto 73.52 - 94.11 107.86 - 152.69 156.06 - 173.56 155.01 - 177.29 132.38 - 255.83 —
SunGold Specialty Meats 15.00
Eggs Minimum prices to producers for ungraded eggs, f.o.b. egg grading station, set by the Manitoba Egg Producers Marketing Board effective June 12, 2011. New Previous A Extra Large $1.8500 $1.8200 A Large 1.8500 1.8200 A Medium 1.6700 1.6400 A Small 1.2500 1.2200 A Pee Wee 0.3675 0.3675 Nest Run 24 + 1.7490 1.7210 B 0.45 0.45 C 0.15 0.15
Goats Kids Billys Mature
Winnipeg (head) (Fats) — — —
Toronto ($/cwt) 94.19 - 237.42 — 91.73 - 200.63
Horses <1,000 lbs. 1,000 lbs.+
Winnipeg ($/cwt) — —
Toronto ($/cwt) 14.33 - 32.11 21.63 - 38.06
briefs
U.S. FDA to phase out some antibiotic use in animal production reuters / U.S. regulators announced new guidelines that call on global pharmaceutical companies to phase out the use of some antibiotics meant to enhance growth in animals used for food. In guidance issued on Dec. 11, the Food and Drug Administration asked
global drugmakers and animal health companies to voluntarily revise labels of medically important antibiotics to remove references to use in animal production. Critics said the voluntary guidelines give drugmakers too much discretion in policing their own use of antibiotics. “Our fear... is that there will be no reduction in antibiotic use as companies will either ignore the plan altogether or simply switch from using antibiot-
ics for routine growth promotion to using the same a n t i b i o t i c s f o r ro u t i n e disease prevention,” said Steven Roach, senior analyst with advocacy group Keep Antibiotics Working. Deputy FDA commissioner Michael Taylor said the FDA would be able to take regulatory action against companies that fail to comply. The FDA’s “final guidance,” also brings the drugs under oversight of veterinarians by changing the over-the-counter status of the products.
Looking for results? Check out the market reports from livestock auctions around the province. » PaGe 14