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
Canada’s canola acres up from earlier forecast
Wheat acres up; barley, oats, corn revised lower
Klassen: Yearling prices consolidate, calf values soften
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'
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
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
Klassen: Feeder market percolating higher
Weakness in feeder futures seen as temporary hiccup
Compared to last week, western Canadian yearling prices were $1-$4 higher on average; calves were steady to $2 higher. Limited volume of calves under 600 lbs. made the market hard to define; however, strong demand was surfacing across all weight categories. The weaker Canadian dollar, along with stronger live cattle futures, set a positive tone. […] Read more
Calgary beer lovers create business to bring craft beer to the world
Along with great malt and fresh water, brewers here have quickly become elite at their craft
Reading Time: 3 minutes Alberta has seen its craft beer industry boom in the last 10 years — and now a trio of three entrepreneurs want the world to know what provincial craft brewers have to offer. “Canada has a global reputation for its clear skies and clean water,” said Don Tse, a beer writer and consultant who operates […] Read more
Feed weekly outlook: Rains, demand keep bids down
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
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
Chlormequat warning for all barley uses
Reading Time: < 1 minute Chlormequat — the active ingredient in the plant growth regulator product Manipulator — has been given a Yellow/Be Informed rating in Keep it Clean’s product advisory listing for barley, whether it’s sold for malt, food or feed. Previously it had a Green/Acceptable rating except for use on malting barley. “Growers should talk to their grain […] Read more
Lacombe brewer closes its own carbon loop
Blindman Brewing in Lacombe will be capturing up to 100 tonnes of CO2 every year
Reading Time: 3 minutes An Alberta craft brewery is turning its carbon emissions into cash, thanks to a grant that will allow it to capture and reuse carbon in its brewing process. “We paid $60,000 last year just buying CO2 in bulk,” said Kirk Zembal, co-owner of Blindman Brewing in Lacombe. “If you’re using that much CO2 and producing […] Read more