Livestock Risk Partners

“Don’t get sleepy in your risk management, if you have opportunity to cover a profit, take it!”———–Jim Mintert, Purdue University
Providing quality LRP, PRF & LGM Insurance Coverage!

Prairie Cattle Marketing Update

In Manitoba, feeder steer and heifer prices took a hit for the week ending May 12th. The biggest drop for the feeder steers was in the 401 to 500 pound category down $9.54 for an average price of $347.00 per cwt, while the biggest gain was $2.66 in the 701-800 pound category for an average price of $286.95 per cwt. Feeder heifer prices all took a hit last week with the biggest drop in the feeder heifers with 401 to 500 pound heifers dropping $10.96 for an average price of $292.04 per cwt.  D1-D2 cows had a 54 cent increase for an average price of $137.75 per cwt, D3 cows were down $1 for an average weekly price of $120.38 per cwt, and slaughter bulls were down 29 cents for an average of $153.58 per cwt.