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Tag Archives Manitoba

Drought conditions in Canada at Feb. 28, 2022. (Map courtesy Agriculture and Agri-Food Canada)
Crops, Weather

Most of Prairies still very dry, but recovery possible

Southern Manitoba considered out of drought

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Reading Time: < 1 minute MarketsFarm — Despite the Prairies receiving above-normal amounts of precipitation during February, the great majority of the region remained highly vulnerable to more dryness going into spring, according to the Canadian Drought Monitor. The monitor’s latest report showed those areas of the Prairies tackling extreme drought to have retracted somewhat. As of Feb. 28, that […] Read more
Photo: File
Barley, Beef Cattle, Livestock

Klassen: Surge in feed grain prices shocks feeder cattle market

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $3-$5 lower on average. Feeder cattle weighing 650 to 800 lbs. were relatively unchanged to $3 lower. Calves under 650 lbs. were steady to $4-$6 lower in Alberta, unchanged in Saskatchewan and $3-$5 higher in Manitoba. Fleshier yearlings and calves were heavily discounted last week with […] Read more
(4loops/iStock/Getty Images)
Crops, Markets, Pulses, Weather

Pulse weekly outlook: Manitoba growers hope timely rains follow snows

High N prices may favour pulse acres

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Reading Time: 2 minutes MarketsFarm — As March 1 marked the start of meteorological spring, it feels like anything but that in southern Manitoba. One of the snowiest and coldest winters in years has been a mixed blessing for pulse growers, providing much-needed moisture for fields while also raising flood fears in some areas. Dennis Lange, a pulse specialist […] Read more
One Manitoba company is looking to contract 30,000 acres of buckwheat in 2022.
Cereals, Crops

Can buckwheat make a long, slow comeback?

Manitoba acres are still down, but buyers hope to contract western Canadian growers

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Reading Time: 3 minutes It’s not as easy as it used to be to find buckwheat honey in Manitoba. The province was once the buckwheat capital of Canada, with as many as 135,000 acres in 1979, but the area in recent years has been steady around only 5,000 acres. Although there’s demand for buckwheat grown in Western Canada, industry […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Russia-Ukraine conflict fuels price rallies

U.S. wheat futures way up on week

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Reading Time: 2 minutes MarketsFarm — Russia’s ongoing invasion of Ukraine has not only sparked a conflict between two of the world’s major wheat exporters, but also limit-up price rallies for wheat futures during the week ended Thursday. As sanctions grow against Russia, as well as uncertainty over access to Ukrainian ports on the Black Sea, fears of a […] Read more
Photo: iStock/Getty Images.
Cereals, Corn, Crops

Feed weekly outlook: Rising oil prices increase freight charges

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Reading Time: 2 minutes MarketsFarm — Acquiring livestock feed has been increasingly expensive as Russia’s ongoing invasion of Ukraine, and a retaliatory ban on Russian oil imports by many Western nations, has caused oil prices to severely rise every day. As corn imports from the U.S. continue to make their way into Alberta feedlots, the cost to transport them […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market shows resilience

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged. Calves in the range of 600-800 lbs. traded steady to $4 higher. Calves under 600 lbs. were $1-$2 higher in Alberta and Saskatchewan but traded $2-$3 lower in Manitoba. Alberta feedlot operators appeared to shrug off the geopolitical events last […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Spring wheat bids higher, activity choppy

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Reading Time: 2 minutes MarketsFarm — Spring wheat bids across Western Canada moved higher during the week ended Thursday as gains in U.S. futures and a weaker tone in the Canadian dollar provided support. Russia’s invasion of Ukraine contributed to gains in wheat futures, but the volatile situation led to large price swings in the markets with values backing […] Read more
(Murphy Shewchuk/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Weather factors influence calf prices

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $4 lower to as much as $5 higher. Mid-weight feeder cattle traded relatively unchanged with strong demand noted on steers. Steer calves were firm, trading $2-$5 higher while heifer calves traded $4-$5 on either side of unchanged. The market was hard to define for calves and […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Red spring up, durum pulls back

U.S. wheat futures up on week

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Reading Time: 2 minutes MarketsFarm — Wheat prices on the Prairies during the week ended Thursday saw increases for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) and declines for durum (CWAD). The Russia-Ukraine border crisis spurred a good part of the increases in U.S. wheat markets. The ongoing threat of war could harm wheat production […] Read more

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