GFM Network News

(Photo courtesy Canada Beef Inc.)

Klassen: Yearling market remains red hot

Barley harvest well underway in southern Alberta

Compared to last week, western Canadian yearling prices were $2-$4 higher on average; however, in southern Alberta, yearlings traded $6-$8 above week-ago levels. A few auction barns in Alberta held their first feature sales of the fall run and buyers showed up with both hands. The quality of yearlings coming off grass is excellent and […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Weaker fed cattle prices weigh on feeder market

Rain-soaked pens sidelined some Alberta feedlots

Compared to last week, western Canadian feeder cattle markets were relatively unchanged but a softer tone was noted in the non-major feeding regions. Most auction barns are in summer mode and the quality of feeders coming on the market is quite variable. However, at major centers in Alberta, healthy strings of yearlings were well bid […] Read more

File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)

India to let farmers sell produce directly to traders, retailers

Current system seen reducing farmer bargaining power

New Delhi | Reuters — India is to allow farmers to sell produce directly to bulk buyers such as trading companies, food processors and large retailers, the farm minister said on Wednesday. This would obviate the need for farmers to bring their produce to India’s more than 7,000 regulated wholesale markets and let buyers buy […] Read more

Every day, a real-life vegetable auction takes place for visitors to the world’s oldest sail-through auction, now a museum.

Sail-through auction a unique experience

Reporter's Notebook: Journo traders bid on produce as boats float by

Reading Time: 2 minutes Canadian farmers are no strangers to the auction mart — but they do things a little differently at the sail-through auction in the Realm of a Thousand Islands. Like a quarter of the Netherlands, this area in North Holland lies below sea level, but that didn’t stop farmers from settling on its marshy lands centuries […] Read more

Feds fund AFAC welfare surveillance

Feds fund AFAC welfare surveillance

Alberta Farm Animal Care designed to ensure good health, proper standards

Reading Time: < 1 minute The federal government has announced funding of $268,000 to Alberta Farm Animal Care (AFAC) to help ensure that cattle arriving at auctions and abattoirs are in good health and meet the standards required for processing. The announcement was made in Okotoks by Macleod MP John Barlow on behalf of Agriculture Minister Gerry Ritz. “This project […] Read more