Reading Time: < 1 minute MarketsFarm — Although flax prices have held pretty much steady over the last few weeks, prices will soon increase, according to Dale Johnston of Johnston Seeds at Welwyn, Sask. Johnston said prices for old-crop brown and yellow flax were presently about $24 per bushel. New-crop flax was at $18/bu. “By the time we get done […] Read more
Flax prices expected to push higher
Prairie cash wheat: Bids up with strong gains in U.S. markets
Reading Time: 2 minutes MarketsFarm — Bids spiked for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR), and durum (CWAD) wheats in Western Canada for the week ended Thursday. Steep increases in U.S. wheat futures supported values, as did a lower Canadian dollar which lost more than a half cent. Average CWRS (13.5 per cent protein) wheat […] Read more
Feed weekly outlook: Heat reducing potential yields, raising prices
Reading Time: 2 minutes MarketsFarm — The hot and dry summer that has enveloped all of Western Canada is already bringing down projected yields for feed grains, creating an inverse effect on prices. “We’re losing the crop here right now with the heat and lack of moisture across the Prairies and the northern Plains of the United States,” said […] Read more
Klassen: Feeder market consolidates
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $2-$3 on either side of unchanged. In central and southern Alberta, quality yearling steers weighing 800 lbs. continue to hover at the psychological range of $200-$210; lower-flesh steers fresh off grass weighing 900 lbs. are readily quoted in the range of $185-$190. Saskatchewan values are […] Read more
Feed weekly outlook: Alberta feed prices rising
Reading Time: 2 minutes MarketsFarm — Higher-than-normal temperatures and continued demand for feed have caused prices for Alberta feed barley and feed wheat to increase over the past few weeks. However, that demand has pulled back somewhat. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids for Alberta feed barley were at $7.84 per bushel, 48 cents higher […] Read more
Prairie cash wheat: Spring wheat bids spike
Durum bids up moderately
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada for the week ended Thursday spiked sharply for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats, while gains for Canada Western Amber Durum (CWAD) were much more subdued. Steep increases in U.S. wheat markets supported values — as did the Canadian dollar, by losing […] Read more
Western Canada lightning strikes up tenfold, stoking fires
Reading Time: 2 minutes Vancouver | Reuters — Lightning strikes in Western Canada over the past two days soared nearly tenfold from the same time a year ago, triggered in part by a record-breaking heat wave, meteorologists said, warning of more strikes over the weekend that could further stoke forest fires fanned by high winds. Over 710,000 lightning events […] Read more
Feed weekly outlook: Prices dip in Alberta, steady to higher elsewhere
Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat in Alberta pulled back a little this week — and it wasn’t because the province has generally received more rain than the other two Prairie provinces. “There hasn’t been the demand as we typically have at this time of year,” Erin Harakal, senior trader with Agfinity in […] Read more
Klassen: Yearling prices consolidate, calf values soften
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were relatively unchanged; however, calves weighing 500 to 700 lbs. were $2-$4 lower. Featherlight bawlers under 500 lbs. were down $6-$8 from seven days earlier. Strong feedlot buying interest supported quality groups of yearlings. Feed barley prices were down $5-$10 per tonne from last week while the […] Read more
Prolonged heat wave breaks Canadian temperature records
Reading Time: 2 minutes MarketsFarm — An extreme heat wave affecting all four western provinces, the shores of the Mackenzie River in the Northwest Territories as well as Watson Lake, Yukon, is expected to persist for a week. The “heat dome,” a high-pressure system trapping warmer air, has affected British Columbia the most. The village of Lytton, about 160 […] Read more
A message from April Stewart, Country Guide's Associate Editor
