MarketsFarm — Bids were steady to higher this week in Western Canada for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPRS) and Canada Western Amber Durum (CWAD) wheats. Gains in most U.S. wheat markets provided support as strength in the Canadian dollar kept a lid on further gains. Average CWRS (13.5 per cent […] Read more
Prairie cash wheat: Bids post small gains across most of West
Flax facing tightening supplies
MarketsFarm — Solid export demand has pushed Canadian flax prices up sharply over the past month, with the market working to ration demand amid expectations for tightening supplies. The flax market in general is “just gone crazy. We’re up 50 per cent since the start of harvest,” Scott Shiels of Grain Millers Canada at Yorkton, […] Read more
Feed weekly outlook: Export demand supports grain prices
MarketsFarm — There continues to be a very strong demand for feed grains with large amounts headed for export, according to Saskatoon-based trader Evan Peterson of JGL Commodities. “It’s driven the prices up and made a massive competition between feed for Alberta versus shipping it overseas,” Peterson said, noting China has been the main driver […] Read more
Klassen: Calf prices ratcheting higher
Compared to last week, western Canadian yearling markets traded $2-$4 on either side of unchanged; mid-weight calves were also unchanged while lighter calves traded steady to as much as $6 higher. Alberta and Saskatchewan have experienced adverse weather over the past couple of weeks; however, feedlots in southern Alberta appeared to be more aggressive for […] Read more
Call to pay dairy farmers to quit misses the mark, says Alberta Milk
Report predicts half of dairy farms will go out of business in a decade without sweeping changes in the sector
Report predicts half of dairy farms will go out of business in a decade without sweeping changes in sector
Reading Time: 5 minutes CORRECTED, Nov. 19 — Alberta’s milk sector faces challenges — but a call to pay farmers to quit the business and to overhaul the entire system is off base, say industry officials here. A recent report from the Agri-Food Analytics Lab says that without major changes, Canada could lose half of its dairy farms in […] Read more
Klassen: Feeder market experiencing bottoming behaviour
Compared to last week, western Canadian yearling prices were down $4-$6 on average; however, mid-weight and lighter calves traded $4 lower to as much as $8 higher. The market was extremely variable for calves. Early in the week, prices in the Lethbridge area were actually $10 above values from seven days earlier but this faded […] Read more
Prairie cash wheat: Stronger U.S. prices boost Prairie values
MarketsFarm — Bids in Western Canada were higher this past week for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats. Gains in U.S. wheat markets provided support as a stronger Canadian dollar kept a lid on further increases. Average CWRS (13.5 per cent protein) wheat prices […] Read more
Swine flu strain makes first jump to person in Canada
Alberta reports 'one isolated case' in central region
Further risk to people is believed to be low after a person in central Alberta was confirmed to have caught a variant of H1N2 swine flu, in the first case of its kind in Canada. The virus was spotted in mid-October after a patient sought medical care with “influenza-like symptoms,” provincial chief medical officer Dr. […] Read more
Prairie cash wheat: Durum springs forward, red spring falls back
MarketsFarm — Bids in Western Canada were weaker for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats for the week ended Thursday, while there were increases for Canada Western Amber Durum (CWAD). Double-digit losses in U.S. wheat markets weighed on values and a drop in the Canadian dollar provided support. Average […] Read more
Feed weekly outlook: Prices plateauing
MarketsFarm — While prices for feed grains have risen over the last month along with several other commodities, they’ve now declined a little bit, according to Erin Harakal, senior trader with Agfinity in Stony Plain, Alta. “For short-term movement like November-December we’ve seen them come off the most compared to the late-January/early-March time frame,” she […] Read more