A photo of the Heartland Livestock Services auction mart location in Brandon, days after the Nilsson Bros., who own the location, announced its closure. The parking lot is empty.

Heartland Livestock Services closes Brandon auction mart

Heartland Livestock Services announced the closure July 25; the Brandon auction mart has been a historic standby for Manitoba beef producers selling their cattle

Heartland Livestock Services announced the closure July 25. The Brandon auction mart has been a historic standby for Manitoba beef producers selling their cattle.

A young calf stands next to its mother looking straight at the camera in central Manitoba.

High cattle prices fail to budge cautious beef farmer spending

Canadian beef farmers in 2025 are getting paid plenty for their cattle, but the memory of bad markets and little profit is hard to shake when it comes to big spending decisions

Canadian beef farmers in 2025 are getting paid plenty for their cattle, but the memory of bad markets and little profit is hard to shake when it comes to big investments or projects on their farms.

Beef production is forecast to be down three percent this year, in the wake of 2023’s five percent reduction.  |  File photo

Beef markets strong but instability expected

Volatility may increase this year, particularly if heifer placements remain high along with fed marketings in the U.S.

MEDICINE HAT — Beef prices are up and demand remains strong, according to the latest Canfax market report, but dry conditions in cattle-producing regions across the globe are affecting markets. “We’ve reached new record highs in 2023 with both fed and feeder prices surpassing the previous highs made in 2015,” said Canfax executive director Breanna […] Read more


Butcher Brett Marley holds freshly ground beef at Casey's Market in Western Springs, Illinois.

Spread grows between producer, retail prices

Data shows the cattle producer’s share of the retail beef dollar has dropped from 64 percent in 1970 to 41 percent in 2022

The overarching goals of the ongoing project are to trace beef pricing throughout the supply chain, increase transparency for ranchers’ benefit, provide data to boost advocacy and “ensure that the proportion of the beef dollar that ranchers receive increases from year to year and does not shrink.”