Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $3-$5 on either side of unchanged. Prices for 800-plus-lb. yearlings were firm in Manitoba but softened in western regions. Calf prices were relatively unchanged from week-ago levels. There were larger volumes of calves on offer with many auction barns holding feature sales. The increase in supplies […] Read more
Klassen: Feeder market vulnerable to weakness
Placements higher than expected
Prairie Forecast Update: Cold and some snow coming
Issued Oct. 22, covering Oct. 22 to 25
Reading Time: 2 minutes I have been waiting to see if the weather models were going to come into agreement on the upcoming shift on our weather pattern and for the most part, they have: it’s going to get cold! A large area of low pressure has formed over the eastern Arctic and the counterclockwise rotation around that low […] Read more
Prairie cash wheat: Spring wheat bids rise with U.S. futures
Weaker loonie also offers support
Reading Time: 2 minutes MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, as gains in U.S. futures and weakness in the Canadian dollar provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $5-$10.20 per tonne across the Prairies, according to price quotes from […] Read more
AgriRecovery feed, freight, breeding herd aid set for Alberta, Saskatchewan, B.C.
Feds, provinces announce combined $365 million in aid programs
Reading Time: 2 minutes The federal and Alberta, Saskatchewan and British Columbia governments are jointly putting up $365 million to support ranchers and farmers up against this summer’s drought and wildfire damage. The feds on Friday announced their 60 per cent, or $219 million, share of AgriRecovery program funding for the three westernmost provinces. “I’ve had the opportunity to […] Read more
Feed weekly outlook: Grains steady, waiting on U.S. corn imports
Barley yields might beat StatCan expectations
Reading Time: 2 minutes MarketsFarm — More feed barley is reportedly making its way into Alberta cattle rations for the time being as recently-harvested supplies are competitive with corn imports from the U.S. While nearby demand is keeping the domestic market reasonably steady, more corn will likely start making its way north over the next month. Feed barley is […] Read more
Klassen: Ontario demand sets the price structure for calves
Corn in Ontario at $232/tonne, U.S. corn in southern Alberta at $315
Reading Time: 2 minutes For the week ending Oct. 14, western Canadian yearling prices were steady to $4 higher compared to a week earlier. Calves in the range of 500 to 800 pounds traded $4-$6 lower in Alberta. However, in eastern Saskatchewan and in Manitoba, calves in this weight category were relatively unchanged compared to the previous week. In […] Read more
Prairie Forecast: Warmer, colder… then snow?
Issued Oct. 18, covering Oct. 18-25
Reading Time: 4 minutes Not surprisingly for this time of the year, the last forecast didn’t play out exactly as expected, but overall, it was pretty darn close. The large area of high pressure that was forecasted to develop over the northern Prairies and slowly drop southward did just as forecast, but over the first few days the high […] Read more
Prairie cash wheat: Most bids lower
U.S. wheat futures down on week
Reading Time: 2 minutes MarketsFarm — Bids for Canada Western Red Spring (CWRS) wheat were lower in Manitoba, but higher in the rest of the Prairies, while those for Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheat also went down during the week ended Thursday. U.S. wheat futures declined for the week, but were supported […] Read more
Prairie Forecast: Sprawling high to bring dry, seasonably warm weather
Issued Oct. 11, covering Oct. 11-17
Reading Time: 3 minutes For the first time in a while, the last forecast period did not play out exactly as the weather models predicted, thanks mostly to a strong area of low pressure that moved westwards from the Atlantic into central Ontario last weekend and into the first half of this week. While the low didn’t impact the […] Read more
Feed weekly outlook: Demand for feed grains ‘in a lull’
U.S. corn harvest a work in progress
Reading Time: 2 minutes MarketsFarm — Despite prices continuing to come down for feed grains in Western Canada, demand for them is currently at a standstill, according to Susanne Leclerc of Market Master Ltd. in Edmonton. “I think we’re in that lull time right now between corn and barley (deliveries) as the (U.S.) corn harvest is underway,” Leclerc said, […] Read more
A message from April Stewart, Country Guide's Associate Editor
