Compared to last week, Western Canadian yearling prices traded steady to $2 lower on average while calf markets were down $3 to $5. Feedlots in Alberta and Saskatchewan are backed up with significant numbers of market ready fed cattle which has set a negative tone for replacement cattle. Carcass weights are nearing historical highs. Barley […] Read more
Klassen: Alberta feedlot backlog limits demand for feeder cattle
Wheat and barley farmers urged to vote on proposed merger
Voting ends on Nov. 1 at noon but voting can be done online or by phone
Reading Time: < 1 minute Alberta’s cereal commissions are making a last push to get out the vote on their proposed merger. “There’s still time to cast your vote and make your voice heard as to whether or not you support the Alberta Wheat Commission and Alberta Barley amalgamating into a single crop commission,” the two farm groups said in […] Read more
Feed weekly outlook: Corn imports pressure grain prices in Lethbridge
MarketsFarm — With harvesting operations winding down, high-delivered bids for feed barley and wheat in Alberta are higher compared to the same time last month and last year. However, there is still some volatility in feed grain prices, according to one Lethbridge-based trader. “I think most (of the increase) was (due to) demand, but as […] Read more
Alberta crop yields top 10-year average
Reading Time: < 1 minute With harvest mostly complete, dryland yields were running about six per cent above the 10-year-average, although that varied considerably across Alberta. Aggregate yields for the five major crops (wheat, barley, canola, peas and oats) were just slightly below the 10-year average in the south and northwest. They were seven per cent higher in the northeast, […] Read more
Calf prices are strong, but the road to recovery will be a long one for many
Demand up, supply down, but many producers still ‘digging their way out of last year’
Reading Time: 3 minutes Strong domestic and international demand coupled with dwindling supply is raising North American calf prices but cashed-strapped farmers are still struggling. At the end of September, calf prices were about $272 per hundredweight, up 21 per cent from a year ago, said Brenna Grant, executive director of Canfax. [RELATED] A NEW DAWN: Cattle producers get […] Read more
Klassen: Uncertain fed cattle market weighs on feeder cattle
U.S. feeder demand seen relatively sluggish
Compared to last week, western Canadian yearlings (900 lbs. and over) appeared to trade $6-$8 lower on average; yearlings weighing 800-900 lbs. off grass were unchanged. Backgrounded yearlings were also $6-$8 lower. Mid-weight calves were unchanged but calves under 600 lbs. were $3 to as much as $10 lower in some cases. Feedlot operators pulled […] Read more
Feed weekly outlook: Freight costs could determine grain availability
MarketsFarm — There are very good prices for feed barley and wheat in Alberta, according to Susanne Leclerc of Market Master Ltd. in Edmonton — but two factors could limit their availability. Leclerc said there is good demand for feed wheat in the province, “but prices are slightly up because we’re not seeing a lot […] Read more
Klassen: Stronger barley prices limit upside for feeder cattle complex
Feedlot operators make barley purchases, price feeder cattle accordingly
Compared to last week, western Canadian yearling markets traded $2 higher to as much as $5 lower. A softer tone was noted on yearlings in the eastern Prairie regions. Calf prices were steady to $4 lower on average compared to seven days earlier. Quality yearling packages fresh off grass held value but backgrounded heavier replacements […] Read more
Alberta harvest on the verge of completion
MarketsFarm – Combining in Alberta is almost finished with the latest crop report indicating it’s at 96.3 per cent complete. The province’s Agriculture, Forestry and Rural Economic Development (AFRED) department noted that as of Oct. 4, the harvesting of all crops advanced nine points from the previous week due to dry weather. Of the 11 […] Read more
Plenty of ways to serve cereal groups
Reading Time: < 1 minute Nominations are now open for director and regional rep positions with Alberta Wheat and Alberta Barley. Alberta Wheat needs two directors and three representatives in both Region 1 (southern Alberta) and Region 5 (north-central). Meanwhile Alberta Barley is seeking director candidates for Regions 3 and 4 as well as a director-at-large from either Regions 1, […] Read more
Cyber-Savvy Farmer
