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Livestock, Markets

Klassen: Feeder market adjusts to lower supplies

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Reading Time: 2 minutes Western Canadian prices for backgrounded replacements were $2 to $4 higher than last week. Lower flesh yearlings were valued $3 to $8 above week-ago levels. Prices for calves under 800 pounds were up $3 to $7 compared to seven days earlier with noted strength in feeders under 600 pounds.
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Yearling price trend stalls while calves ratchet higher

Larger players aggressively securing lightweight calves on expectations of low yearling supplies

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Reading Time: 2 minutes Western Canadian feedlots are carrying sufficient numbers for the time being and feeding margins remain deep in red ink on unhedged cattle. Secondly, carcass weights are sharply above year-ago levels and Alberta finishing lots are backed up with market-ready supplies.
Photo: Stefanlinton/iStock/Getty Images
Livestock, Markets

Klassen: Grassers and herd rebuilding confidence keeps feeders elevated

Major grazing regions of Western Canada receive more than double of normal precipitation in last month

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Reading Time: 2 minutes The major grazing regions of Western Canada have received over 200 per cent of normal precipitation over the past 30 days. Grassers were red hot. Demand has also increased for herd building heifers which has diminished supplies for finishing feedlots.
Photo: Michelle Erickson-Jones/iStock/Getty Images
Weather

Prairie forecast: Storm system heads for southern Prairies

Updates forecast issued Feb. 29, covering Feb. 29 to March 6, 2024

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Reading Time: 2 minutes The weather models have come into fairly good agreement for the storm system forecasted to impact much of the southern prairies over the next 24 to 48 hours. An area of low pressure is developing over Wyoming with an inverted trough stretching northwestwards.
Tim French/iStock/Getty Images
Weather

Prairie forecast: More much-needed moisture expected

Issued Feb. 29, covering Feb. 29 to March 6, 2024

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Reading Time: 4 minutes Cold Arctic air has invaded the Prairies much to many people’s surprise. We have gotten so used to mild spring-like weather that some people may be put off that winter has returned. For those who read my last column, this type of weather shouldn't be surprising since we are now moving into what can be the snowiest time of the year.
Prairie forecast update: Storms roll in
Weather

Prairie forecast update: Storms roll in

Updates forecast issued Feb. 21, 2024

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Reading Time: 2 minutes The weather models are coming into agreement with up coming storm system. The low was forecasted to develop over southern Alberta on Sunday with widespread snow developing to the north and west of the low. This placed the Edmonton region in the main snow band with 10 or so centimetres forecasted to fall across this region. The snow should move out quickly on Monday as cold arctic air pours southwards behind the low dropping temperatures to below average, but only for a couple of day.

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