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After a 50-year career, Ross Annett’s retirement from the Bow Slope Shipping Association in Brooks, Alta., was marked by a standing ovation at the Livestock Marketing Association of Canada annual convention in Waterloo, Ont. in May.
News

Ross Annett, gentleman auctioneer, retires

Originally from Ontario, Annett found his calling as an auctioneer in Alberta

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Colleagues, friends and family describe Ross Annett as professional, dedicated, loyal and a man of integrity. He received a standing ovation when the Livestock Marketing Association of Canada acknowledged his 50-year career and retirement from Bow Slope Shipping Association in Brooks, Alta., during the annual convention in Waterloo, Ont. in May. “He brought the level […] Read more
Auction prices for farm equipment are down roughly 20 per cent compared to last year, according to Ritchie Bros. Auctioneers.
Machinery

Prices soften in used farm equipment market

Combines are one of the hardest hit equipment types as buyers have become much more selective

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Ag equipment buyers were willing to take almost anything they could get their hands on when the COVID-19 pandemic severely hampered manufacturers’ ability to deliver new machines to customers. That, combined with strong farm commodity prices adding to demand, raised the price of used equipment. Now that manufacturing has returned to normal and commodity prices […] Read more
Lars Deleeuw, 19, the self-taught rookie auctioneer, tips his hat after his history-making win as Rookie of the Year and Grand Champion at the 25th Canadian Livestock Auctioneer Championship. He is the first and youngest to win Rookie of the Year and Grand Champion.
Livestock, News

Ontario rookie wins Canadian Livestock Auctioneering Championship

Lars Deleeuw youngest-ever winner; also takes home Rookie of the Year award

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Lars Deleeuw tipped his cowboy hat to the crowd as his rhythmic chant danced from the speakers. The 19-year-old self-taught auctioneer from Burford, Ont., swept the 25th annual Canadian Livestock Auctioneering Championship, winning Rookie of the Year and Grand Champion titles at the Livestock Marketing Association of Canada gala May 24. Why it matters: The […] Read more
Stocker calves are auctioned at the Keady Livestock Market.
Livestock, Markets

Stocker calf prices boom, but cow herd rebuild unlikely

Smaller calves are going to market in record numbers, for record prices

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Higher prices for beef stocker calves in the fall run have increased optimism and profits for cow-calf producers after a few challenging years. The last week of October is the busiest for the fall stocker calf run in Ontario, with sales at many auction barns across the province. At the Keady Livestock Market in Grey […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Buyers contemplate feeder market prices

In adverse weather, sale results vary

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Compared to last week, western Canadian yearling markets traded $3-$5/cwt lower on average although limited numbers made the market hard to define. Calf markets traded $4-$8/cwt on either side of unchanged. It appeared that 700-plus-lb. calves were up $4 to as much as $8. The variation in the price structure was due to the adverse […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: U.S. feeder markets pull Canadian values higher

Feedlots aggressively seek U.S. corn

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For the week ending July 1, western Canadian feeder markets traded $2-$5/cwt higher compared to seven days earlier. Quality groups of yearlings were up $8-$10/cwt from a week earlier. South of the border, major markets in Oklahoma had feeder steers and heifers trading US$5-$10/cwt above week-ago levels. The Canadian market is functioning to ration demand […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Fed market supports feeder complex

Strength in loonie tempers market upside

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For the week ending Saturday, western Canadian yearlings over 800 lbs. were relatively unchanged. Feeder cattle in the range of 600-700 lbs. were up $4-$8/cwt. The market was hard to define for feeder cattle under 600 lbs. due to limited numbers. Prices for quality calves were unchanged from seven days earlier while straggler types were […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: 800-lb. steers touch $300/cwt mark

Nearby cash market at odds with futures

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For the week ending June 17, western Canadian feeder cattle prices were quoted $2-$5/cwt higher on average compared to seven days earlier. However, larger packages of quality yearlings traded $8-$10/cwt above week-ago levels. The market was hard to define because available supplies are dwindling at this time of year. The quality of cattle was extremely […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Texas flooding lifts Canadian feeder market

Fed cattle in counter-seasonal trend

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For the week ending Sunday, western Canadian feeder cattle markets traded $6-$8 higher. In some cases, quality yearling packages traded as much as $10 above week-ago levels. Live and feeder cattle futures closed the week US$8-$9 higher as traders monitored flooding conditions in Texas. Alberta packers were buying fed cattle on a live basis in […] Read more
CME October 2023 feeder cattle with 20-, and 100-day moving averages and May 2023 feeder cattle (black line). (Barchart)
Livestock, Markets

Klassen: Weather forecasts underpin feeder market

High forage costs pose problem for cow-calf expansion

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For the week ending Saturday, western Canadian feeder cattle markets were relatively unchanged from seven days earlier. The finishing feedlot operator appears to be dominating the feeder market across all weight categories. Ontario interest was creeping all the way into Alberta, especially for Limousin-type genetics. There were limited numbers on offer in Manitoba and Saskatchewan […] Read more

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