Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were unchanged. Most auction markets were closed due to Canada Day. It’s been a busy spring period; there is no doubt about it. Pastures are quickly deteriorating under the intense heat and many ranchers will sell yearlings 30-45 days sooner than normal. The good news is […] Read more
Klassen: Feeder market calm but firm
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
Canada’s canola acres up from earlier forecast
Wheat acres up; barley, oats, corn revised lower
Reading Time: 2 minutes MarketsFarm –– Canadian farmers seeded more canola in 2021 than originally intended, with a number of other crops also seeing adjustments higher as dry weather through the planting season allowed for a fast seeding pace. In its June estimates of principal field crop areas, released Tuesday, Statistics Canada pegged total canola planted area at 22.5 […] 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
Canola, wheat acres in opposite trends before StatsCan report
'Every commodity was offering options that were profitable'
Reading Time: 2 minutes MarketsFarm — Just days prior to Statistics Canada issuing its latest survey-based crop acreage report on Tuesday next week, analysts are estimating a rise in canola acres at the expense of wheat. “Coming through the winter and towards spring seeding, we were looking at canola prices that were at their highest levels of all time,” […] Read more
Feed weekly outlook: New-crop prices to rise
Reading Time: < 1 minute MarketsFarm — Well covered with grain for now, feedlots are beginning to set their sights on the new crop. Drought conditions on the Prairies and the U.S. northern Plains are causing new-crop feed wheat and feed barley prices to go up, according to a Saskatchewan-based trader. “Demand for old crop (is) dwindling and the focus […] Read more
Feed weekly outlook: Rains, demand keep bids down
Reading Time: < 1 minute MarketsFarm — While recent wet weather on the Prairies has helped bring down prices for feed grains, demand — or a lack thereof — has been another primary factor. “The rains have definitely affected (prices) a bit, but probably not to the extent demand has,” said Erin Harakal, trade manager for Agfinity at Stony Plain, […] Read more
Feed weekly outlook: Rising costs cut into cattle profits
Reading Time: < 1 minute MarketsFarm — Strong demand for beef has kept fed cattle prices in Western Canada well supported, but high feed grain prices continue to cut into profits in the feeder sector, according to CanFax analyst Brian Perillat. Fed cattle prices have rallied for most of 2021, he said, “so feedlots, after losing money for two to […] Read more
Feed weekly outlook: Rains, lower demand pressure grain bids
Old-crop demand 'not that strong anymore'
Reading Time: 2 minutes MarketsFarm — With feedlots across Western Canada already stocked up on feed barley and wheat for their animals, reduced demand for those crops and recent wet weather have left high-delivered bids mixed. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids for feed barley remained steady in Saskatchewan at $6 per bushel, went down […] Read more
Cheers! Raise a glass to the farm-to-bottle trend
No one knows grain quality quite like a farmer
Reading Time: 6 minutes When sixth-generation potato grower Devon Strang had potatoes that were too small for retail sales, he used to ship them to a dehydrator to be turned into potato flakes. It didn’t exactly pay. “There are a lot of farms in the area growing potatoes,” Strang explains. “There’s an abundance of smalls and the (dehydrators) won’t […] Read more
A message from April Stewart, Country Guide's Associate Editor
