Compared to last week, western Canadian yearling prices were quoted $3 to as much as $6 higher; calf markets once again traded $3-$5 on either side of unchanged depending on the region. Unbridled buying interest was noted on larger groups of high-quality yearlings. Despite the grass conditions this summer, cattle characteristics are rated above average […] Read more
Klassen: Stronger live cattle futures lift yearling market
Recent rains rejuvenate Prairie pastures
Plans afoot to move hay from East to drought-hit West
CFA, BFO spearheading Hay West-style initiatives
Farm groups are spearheading new plans to get livestock feed from Eastern Canada to drought-damaged regions of the western provinces and northwestern Ontario. Details are still pending, but the Canadian Federation of Agriculture (CFA) announced Aug. 12 it has started work on a “Hay West” initiative to get surplus hay “to those struggling in the […] Read more
Manitoba triggers hay disaster benefit
Per-tonne rate lifted to cover feed, transport costs
Manitoba’s crop insurance agency is set to lift the per-tonne rate paid out on insured forage crops to help cover livestock producers’ bills to buy and truck in replacement feed. Manitoba Agricultural Services Corp. (MASC) on Thursday announced a 2021 hay disaster benefit to provide another $44 per tonne, for every tonne below coverage, to […] Read more
Klassen: Feeder market heating up
Wholesale beef prices climbing
Compared to last week, quality yearling packages were $2-$5 higher while calf values were unchanged to $2 higher. A surge in buying interest surfaced for yearlings last week as fed cattle prices continue to trade near 52-week highs. Alberta packers were buying fed cattle in the range of $162-$165 delivered and breakeven pen closeouts are […] Read more
Eastern drought zones set for livestock tax deferrals
Regions designated in P.E.I., N.S., N.B., Quebec
In a decision that may have come late for some, New Brunswick, Prince Edward Island and parts of southeastern Quebec and northwestern Nova Scotia have been declared drought zones for eligible livestock producers’ 2020 tax purposes. The federal government on Monday released its list and map of prescribed drought regions where tax deferral on sales […] 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
Manitoba to open more Crown lands to haying, grazing
Province now taking requests for permits
Manitoba livestock producers up against dry conditions can now apply for temporary passes to get onto Crown land not normally designated for grazing or haying. The province announced Friday it will make such lands available this year for agricultural use “under certain circumstances.” Permits and land uses will be handled through the Agricultural Crown Lands […] Read more
Ontario extends fruit, forage insurance premium deadlines
Extension offers 'flexibility,' Agricorp says
Ontario fruit and forage growers who have production insurance premiums due this month will now have until June 30 to pay, the province said Monday. The extended premium payment deadline applies only to production insurance plans for fruit, strawberries and asparagus — and to the forage rainfall insurance plan, which uses rainfall as an indicator […] Read more
Manitoba extends forage insurance survey deadline
Review's face-to-face public meetings cancelled
Manitoba’s provincial review of its relatively under-subscribed crop insurance offerings for forage growers has extended its deadline for grower comment. Manitoba Agricultural Services Corp. (MASC) last week announced it has cancelled all in-person public meetings on its forage insurance review, citing the COVID-19 coronavirus pandemic. But the agency has extended the deadline to take part […] Read more
Hay disaster benefit kicks in for Manitoba growers
Eligible Manitoba forage growers can expect to share in a $5 million hay disaster benefit (HDB) for the 2019 crop year. Manitoba Agricultural Services Corp. (MASC), the provincial crop insurance agency, announced Friday that the HDB has been activated and benefit payments to eligible forage producers on about 1,500 claims will begin “shortly.” The HDB, […] Read more
Cyber-Savvy Farmer
