Compared to last week, western Canadian feeder cattle markets traded steady to $5 lower on average. Small volumes were available last week, which distorted the price structure. Many feedlot hands will rotate holidays through July; therefore, feedlot operators don’t want to bring in fresh replacements with a skeleton staff. Recent rains across Saskatchewan and Alberta […] Read more
Klassen: Feeder market enters summer doldrums
Feed weekly outlook: Prices fall with rain
Feed grain prices for Lethbridge’s feedlot alley took a tumble after parts of the Prairies received some much-needed rain. Jim Beusekom, president of Market Place Commodities in Lethbridge, said barley and wheat prices recently dropped. Barley was around $285-$290 per tonne in the area, down about $10 from the week ending June 21. Wheat was […] Read more
Cigi, Cereals Canada agree to pursue amalgamation
The boards of the Canadian International Grains Institute (Cigi) and Cereals Canada have agreed to pursue amalgamation by March 31, 2020. That’s if a proposal, yet to be developed, is approved by the two bodies’ member organizations, leaders Dean Dias and Cam Dahl, said Friday in separate interviews. “During the past week, both boards have […] Read more
StatsCan: Less canola and durum, more barley and oats
MarketsFarm — Canadian farmers seeded fewer canola and durum acres than they originally intended, but more barley and oats, according to updated acreage estimates from Statistics Canada that largely came within expectations. StatsCan pegged planted Canadian canola area for 2019-20 (August to July) at 20.952 million acres, down by about 300,000 from the March survey […] Read more
Klassen: Fed cattle bounce supports yearling market
Compared to last week, western Canadian yearling prices were relatively unchanged while calf values were extremely variable. In Alberta, calf prices were holding value but in Saskatchewan and Manitoba, feeder cattle under 650 lbs. were $3 to as much as $8 lower in some cases. Recent rains in Saskatchewan have come too late and auction […] Read more
Less canola, more barley area expected in next StatsCan report
MarketsFarm — Canadian farmers will likely grow less canola and more barley in 2019, though the jury is out on exact acreage numbers ahead of Statistics Canada’s seeded area estimates due out Wednesday. Barley prices have hit “historic highs” thanks to inclement corn-growing weather in the United States, which has buoyed most feed grain prices. […] Read more
Visible Canadian canola stocks back above one million tonnes
MarketsFarm — Solid deliveries into the commercial pipeline and lacklustre export movement saw visible Canadian canola supplies climb back above one million tonnes during the week ended June 9, according to the latest grain handling report from the Canadian Grain Commission. Farmers delivered 422,500 tonnes of canola during week 45 of the 2018-19 crop year […] Read more
Extension agronomist aims to bridge gap between research and producers
The two crop commissions want their investment in research to be put to use on Alberta farms
Reading Time: 3 minutes Alberta’s wheat and barley commissions are determined to get their research into the hands of producers. They’ve hired a research extension agronomist to make sure that happens. “I don’t know if there’s anyone who has a similar role to me at this point,” said Jeremy Boychyn, who started his new job in October. The two […] Read more
Klassen: Feeder cattle demand softens
Compared to last week, western Canadian yearling prices were $2-$4 lower on average while calves were down $3-$5 depending on the region. Weakness in the fed cattle market continues to spill over into the feeder complex, as margins drift further into red ink. Alberta packers were buying fed cattle in the range of $245-$246 delivered […] Read more
Do crops really grow better in the north?
Study aims to show processors and investors that northern vigour produces superior crops
Reading Time: 3 minutes Some call it northern vigour. Others call it the northern advantage. And now, one group of Alberta researchers are setting out to prove what some farmers have been saying all along — that crops really do grow better up north. “In this part of Alberta, we have 19 hours of daily sunlight in the summer, […] Read more
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