MarketsFarm — Prices for feed grains are continuing to go up — and with depleted stocks and dry conditions forecast for the Prairies, they are likely to rise a bit more. “There’s a shortage of corn. Corn’s at over $400 (per tonne) in southern Alberta. You’ve got barley that’s pushing over $340-$350 and that’s a […] Read more
Feed weekly outlook: Drought, demand deplete southern Alberta stocks
Even in Regina, biodiesel refinery will benefit Alberta canola growers
Proposed facility would be a huge user of canola and boost demand for crop, say canola leaders
Reading Time: 3 minutes A supersized new biodiesel plant will be good news for Alberta canola growers — even if it’s not actually located in Alberta. “It would have been great if it had been close to home for me personally, but there’s a bigger picture,” said Sylvan Lake producer Mike Ammeter, a director for Alberta Canola. “Even if […] Read more
Klassen: Cattle producers facing drought-like conditions
Alberta packers were buying fed cattle on a dressed basis in the range of $262-$265 delivered this past week. Using a 60 per cent grading, the live price would be in the range of $157-$159. If a feedlot booked the bulk of its feed grains earlier in winter, feeding margins are now hovering in positive […] Read more
Klassen: Feeder cattle divorce from futures’ direction
Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Higher-quality yearlings and calves were steady to $4 higher in Alberta and Saskatchewan; in Manitoba, yearlings traded $2-$4 lower while calves were $3-$5 higher. Domestic cattle markets appeared to divorce from feeder and live cattle futures. June live cattle futures finished the week […] Read more
Rural, remote crime targeted in Tory MP’s bill
Bill would consider crimes' settings during sentencing
An Alberta Conservative MP is trying to tackle rural crime by introducing a law that would punish more severely those accused of targeting remote, and vulnerable, people or property. Red Deer-Lacombe MP Blaine Calkins introduced his private member’s bill for first reading in the House of Commons on Tuesday. “Rural Canadians too often don’t feel […] Read more
Feed weekly outlook: Prices taper off ahead of report
Feedlots 'not eating as much grain'
MarketsFarm — While prices for feed wheat and feed barley in Western Canada remain substantially higher than one year ago, the past month has seen slight declines. As of Wednesday, high-delivered bids for feed wheat were at least $7.25 per bushel, more than $1.50 higher than last year according to Prairie Ag Hotwire. However, over […] Read more
CGC suspends W.A. Grain’s licences to month-end
The firm, with facilities in Saskatchewan and Alberta, can't buy or sell grain in the interim
Licences for Prairie grain and pulse handler W.A. Grain and Pulse Solutions and its primary elevators in Alberta and Saskatchewan have been suspended by the Canadian Grain Commission (CGC). The suspensions took effect at 12:01 p.m. Tuesday, a CGC official said in an interview. “This means for a limited period of time (until April 30) […] Read more
Klassen: Feeder cattle markets experience volatility
Beef prices encourage slaughter pace
Compared to the previous week, western Canadian feeder cattle markets traded $3-$4 on either side of week-ago levels. Prices were quite variable across the Prairies with four main factors influencing buyer sentiment. First, the eastern Prairie regions experienced adverse winter weather. Auction barns in Manitoba and eastern Saskatchewan had smaller volumes on offer. Buyers shied […] Read more
More flax expected in 2021
More acres predicted, but how many more?
MarketsFarm — Flax prices in Western Canada have remained strong and are down little off their recent highs, according to Scott Shiels of Grain Millers Canada Corp. at Yorkton, Sask. Shiels believes those good prices will lead producers to plant more acres of flax this spring — but not the 22 per cent hike to […] Read more
Prairie cash wheat: Bids soar after weather events
U.S. May wheat futures up on week
MarketsFarm — Cash bids for Prairie wheat jumped as wintry weather made its way across the Prairies and U.S. northern Plains during the week ending Thursday. Wheat futures in the U.S. rose due to spillover from soybeans. However, a stronger Canadian dollar tempered Prairie wheat prices. Manitoba and Saskatchewan, as well as Montana, North Dakota […] Read more
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