Reading Time: 2 minutes Compared to last week, Alberta feeder cattle markets traded $4 to as much as $8 lower; however, Manitoba and Saskatchewan prices experienced a week-over-week decline of $3 to $5 on average. Demand from Eastern Canada appeared to limit slippage in the eastern Prairie regions but some of these markets also faltered late in the week. […] Read more
Klassen: Softer demand causes feeder prices to weaken
Klassen: Weather weighs on feeder cattle
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Eastern Prairie regions experienced demand from Ontario and Quebec, which limited the downside; however, Alberta markets faltered as buyers, having factored in a higher deathloss due to adverse weather. Light wet snow along with warmer temperatures during the […] Read more
Alberta farmers make large harvest progress
Reading Time: < 1 minute CNS Canada – After weeks of no harvest progress, farmers in Alberta were able to get back into the fields and make significant harvest progress over the last week, according to the provincial crop report released Oct. 26. The Alberta harvest is now 78 per cent completed as of Tuesday, Oct.23, jumping up 28 per […] Read more
Canadian farmers race to reap wheat while sun shines, but damage done
Reading Time: 2 minutes Winnipeg | Reuters – Sunny skies may allow Canadian farmers to swiftly make up for harvest delays this week, wrapping up a nightmarish season for some. But while the harvest is finally on its way in the third-biggest wheat-exporting country, weather troubles look to dent farm incomes due to quality problems that are also forcing […] Read more
Sunflower production seen beating StatsCan estimates
Reading Time: 2 minutes CNS Canada — Sunflowers in southern Manitoba are starting to come off and early indications point to very good quality. Ben Friesen, manager of the sunflowers, flax and bird food division for the Scoular Co. in Winkler, said although only a few samples have come in, what he’s seen so far is promising. Sunflower growers […] Read more
Klassen: Feeder cattle market holding value
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were steady to as much as $4 higher while calf values traded within $5 on either side of unchanged. Current feedlot margins are hovering around break-even, but profitability will improve during October and November, given the recent strength in the deferred live cattle futures. Therefore, short-keep feeders […] Read more
Sunflowers look good overall, bumper crops for some
Reading Time: 2 minutes CNS Canada — Luc Remillard expects to be one happy farmer next week. He’s expecting to get into sunflower fields on land he farms with his father in Manitoba’s southern Red River Valley. “It’s right up there with any bumper crop that we’ve had the valley here,” he said. Remillard, who farms near St. Joseph, […] Read more
Mustard crops middling, should fare better than 2017’s
Reading Time: 2 minutes CNS Canada — Kevin Hursh expects he’ll soon hear some good news on his brown mustard crop. “It was probably my only crop that is going to make me a little bit of money,” he said. He’s still waiting to hear about grading based on the samples he shipped off to the lab, but he’s […] Read more
Feed weekly outlook: Downgrades likely for Alberta crops
Reading Time: 3 minutes CNS Canada — Snow and wet weather through a large swath of northern and central Alberta are causing havoc for farmers and will likely put more feed grains into the market. But normal harvest price discounts are still not as great as expected, said Susanne Leclerc of Market Master Ltd. in Edmonton. Feed grain prices […] Read more
Prairie harvest window possible next week
Reading Time: 2 minutes CNS Canada — Cold and wet conditions on the Prairies are expected to clear up over the next week, allowing a window of opportunity for harvest, though the size of that window remains to be seen. “Western and northern parts of Alberta have some serious issues,” said Drew Lerner of World Weather Inc. in Kansas […] Read more