Reading Time: 2 minutes For the week ending October 5, Western Canadian prices for grass yearlings were steady to as much as $10 higher while values for backgrounded yearlings were relatively unchanged. Calf markets were quite variable with preconditioned 650-800 pound calves trading $4-$8 above week-ago levels. Prices for non-weaned bawlers were relatively unchanged.
Klassen: Feeder markets experience stronger demand
Alberta harvest well ahead of five-year average
Progress hits 85 per cent complete
Reading Time: < 1 minute Harvest progress in Alberta reached 85 per cent complete as of Oct. 1, progressing 11 points on the week, according to the latest provincial crop report.
Prairie forecast: Widespread frost then turning warmer
Forecast issued Oct. 2, covering Oct. 2 to 9, 2024
Reading Time: 3 minutes A large, deep area of low pressure is spinning over eastern Hudson Bay. Weak high pressure stretches across the northern part of the U.S. and into the southern Prairies. The strong counterclockwise rotation around the Hudson Bay low is pushing plenty of cool air southwards across the Prairies. Most regions have a good chance of frost early in this forecast period.
Klassen: Western Canadian calf markets percolate higher
Reading Time: 2 minutes Strength in the deferred live cattle futures has spilt over into the feeder complex. Alberta and Saskatchewan placements in the lighter weight categories are down from year-ago levels which is resulting in stronger Alberta fed cattle basis levels for next spring. These are the main factors influencing the calf markets in Western Canada.
Prairie forecast: Cooler, but still warmer than average
Forecast issued Sept. 25, covering Sept. 25 to Oct. 2, 2024
Reading Time: 3 minutes Despite a fairly unsettled pattern over the last forecast period, the weather models did a pretty good job of the forecast. For this forecast period, things should settle down a bit with a ridge of high pressure starting off our forecast. That doesn't mean that we won’t see any areas of low pressure, but unsurprisingly, the weather pattern is slowly shifting towards more of a fall pattern. That means quicker moving systems.
Klassen: Western Canadian feeder market demand remains firm
Reading Time: 2 minutes Ontario buying interest was evident in Manitoba yearling markets. U.S. buyers were more interested in lighter calves and were shopping for pre-conditioned groups of sizeable volume. Certain finishing operators in Alberta were more aggressive on grass yearlings after waiting for lower prices earlier in the season.
Prairie forecast: Weather pattern has undergone a shift
Reading Time: 3 minutes This forecast period starts with one of the northwestern U.S. lows slowly lifting northwards. The unsettled weather that started the week across parts of Saskatchewan and much of southern Manitoba looks to continue. It appears the low will only move out late Friday or early Saturday. Even parts of southern Alberta my see some rainfall from this low on Wednesday.
Klassen: Discounts start to appear in the feeder market
Reading Time: 2 minutes For the week ending September 14, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. However, yearling quality has become quite variable resulting in a diverse price structure.
Alberta weekly crop report: Harvest yields are coming in lighter than expected
Reading Time: 2 minutes Combining of major crops in Alberta progressed 23 points during the week ended Sept. 10, reaching 54 per cent, according to the province's latest weekly crop report. While dry weather helped to advance the harvest, crop yields were not meeting expectations.
Prairie forecast: Cooler and wetter in the west, dry and warm in the east
Forecast issued Sept. 11, covering Sept. 11 to 18, 2024
Reading Time: 4 minutes Our weather pattern looks to be on the brink of a shift as a trough of low pressure begins to develop along the West Coast.
For those of you in Alberta, this will mean cooler and wetter conditions. In Manitoba, it looks like summer will continue for at least one more week. If you are in Saskatchewan, well, you will be stuck in the middle of these two features.
A message from April Stewart, Country Guide's Associate Editor
