Feed prices in Alberta climbed 20 cents per bushel the week ended Aug. 29, likely according to last week's rail disruption, according to Susanne Leclerc of Market Master Ltd. in Edmonton.
Feed Grains Weekly: Rail disruptions push up Alberta prices
Prairie forecast: Summer weather not over yet
It looks like summer is not over yet. After a week of fairly unstable weather across much of the Prairies, it looks like we're moving into a period of stable warm weather to start September.
Klassen: Larger supplies weigh on feeder market
For the week ending August 24, Western Canadian yearling prices were down $6-$12/cwt from seven days earlier. Calf markets traded $10-$12/cwt below week-ago levels. Larger numbers are coming on stream resulting in the softer tone.
Alberta Crop Report: Harvest slow going under heat, rains
Harvest progress for major crops in Alberta more than tripled during the week ended Aug. 20 while heavy rains hit northern and central parts of the province.
Prairie forecast: Warm but unsettled weather
Forecast issued Aug. 21, covering Aug. 21 to 28, 2024
Last week's forecast got off to a rough start. The area of low pressure that pushed through the eastern Prairies ended up as a large upper level low. Because those are slow to move out, they can affect systems trying to move east by backing them up or forcing them to take a different path. So, while the overall pressure pattern across the Prairies was still slack as forecasted, the details got all messed up.
Klassen: Yearling market softens on economic uncertainty
For the week ending August 17, Western Canadian feeder cattle prices were $3-$5 lower on average. Three weeks ago, 1,000 pound steers off grass reached up to $340/cwt. This past week, these same cattle were quoted in the range of $315-$325/cwt.
Combines making their rounds in Alberta
s the harvesting of fall crops in Alberta exceeded the halfway point, the combining of the province’s spring cereals was just beginning, according to the latest Alberta crop report.
Prairie forecast: Weak systems make for tricky forecast
Forecast issued Aug. 14, covering Aug. 14 to 21, 2024
The slack or weak pattern looks to continue into much of next week, which makes it difficult to pinpoint which areas could see showers or thunderstorms, and on which days. Best chances for precipitation look to be over the eastern Prairies. This type of pattern also makes it difficult to predict where forest fire smoke will be.
Klassen: Feeder market holds value amid economic uncertainty
Overall, the calf market appeared to be more sensitive to the weakness in the deferred live cattle futures while buyers of yearlings were focused on securing ownership. Ideas are that yearling supplies are down from year-ago levels and scarcity factor is driving the bullish enthusiasm.
Prairie forecast: Temperatures to warm up
Forecast issued Aug. 7, covering Aug. 7 to 14, 2024
For this forecast period, it's looking like the forecasted strong area of high pressure is going to dominate the weather across the Prairies. This should bring plenty of sunshine and warming temperatures. Overnight lows look to be seasonable, so at this point it doesn't look like we'll see heat warnings—but as usual you just never know.
Cyber-Savvy Farmer
