Reading Time: 2 minutes Spring wheat bids in Western Canada moved lower during the first week of 2024, as losses in the United States futures more than countered the supportive influence of a weaker Canadian dollar.
Tag Archives Manitoba
Prairie spring wheat bids start year on a soft note
The Canadian dollar again weakened relative to the greenback
Feed weekly outlook: Several factors weighing on prices
Warm weather means less feed needed, easier movement says analyst
Reading Time: < 1 minute Feed grain prices across the Canadian Prairies are expected to continue falling back for the next few months due to a number of reasons, according to Evan Peterson of JGL Commodities in Saskatoon, Sask.
Prairie forecast: Winter temperatures moving in
Issued Jan. 03, covering: Jan. 3 – 10
Reading Time: 3 minutes Looking at this forecast period, the best way I can describe it is that we will be seeing a slow slide into more seasonal temperatures. The persistent upper-level ridging that brought warm--and record warm temperatures--to much of the prairies in December has broken down. The weather models are showing a trough of low pressure developing over the west coast over the next seven days.
Klassen: Feeder market quiets at year-end
Feeding margins have moved into negative territory, setting a negative tone for replacements
Reading Time: 2 minutes The last full week of 2023 was characterized by lower volumes and limited buying interest. Feedlot operators don’t want to weigh down schedules of hired hands over the holidays. Many auction barns were closed for the season while some held bred cows and bred heifer sales.
Prairie forecast: One more week of above average temperatures
Issued Dec. 27, covering Dec. 27 to Jan. 3
Reading Time: 3 minutes As we head into a new year, it's looking like this could be the last mild forecast period before a switch to a more typical winter weather pattern.
As usual, there is always a fair bit of uncertainty in forecasts beyond seven or so days, but we all knew that at some point we'd see some cold wintery weather move in.
Prairie forecast: Mild and dry weather right through to the New Year
Issued Dec. 20, covering Dec. 20 to Jan. 1
Reading Time: 3 minutes The holiday weather picture is starting to shape up, and if you're hoping for a perfect Christmas day with falling snow, I wouldn’t get my hopes up. If you are hoping for a continuation of mild winter weather, then it looks like you are in luck.
Manitoba earmarks funds for sustainable aviation fuel plant
The facility may produce as much as one billion litres of canola and soy-based jet fuel
Reading Time: < 1 minute Calgary-based firm Azure Sustainable Fuels Corp. plans to use Canadian feedstock like soybean and canola oils to produce as much as one billion litres of renewable aviation fuel per year, the news release added.
Klassen: Feeder market ends year on mixed sentiment
Some feedlots becoming backed up with heavier cattle, setting negative tone for feed complex
Reading Time: 2 minutes Western Canadian feeder cattle markets were unchanged, to as much as $10 lower compared to last week.
Demand for heifers was suffering last week. A weaker tone was noted in the Eastern prairie regions as Ontario demand appeared to evaporate last week. Alberta packers were buying fed cattle on a dressed basis in the range of $368-$370/cwt, down $7-$8 from last week.
Prairie cash wheat: Most Western Canadian cash prices drop
Surge in Canadian dollar weighed on Prairie cash prices
Reading Time: 2 minutes Wheat prices across the Canadian Prairies fell back for Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat, while those for Canadian Western Amber Durum were mixed.
Feed weekly outlook: U.S. corn imports keep lid on Prairie feed grains
Mild Prairie weather contributing to lower feed demand
Reading Time: < 1 minute Glacier FarmMedia – Feed prices for barley and wheat across much of Western Canada are very likely to remain low until the end of winter/the beginning of spring, according to Erin Harakal of Agfinity in Stony Plain, Alta.