MarketsFarm — Higher prices for feed grains in Western Canada are expected to stay that way, according to a trader in Alberta. Erin Harakal, senior trader for Agfinity at Stony Plain, Alta., said factors such as increased demand overseas and depleted domestic stocks will continue to keep prices elevated for feed grains. While she doesn’t […] Read more
Feed weekly outlook: Prices to remain strong in spring
Richardson to upsize Yorkton canola crush plant
Company to boost shipping and receiving, double processing capacity
Agrifood firm Richardson International’s major canola crush plant at Yorkton in eastern Saskatchewan is set to undergo another round of upgrades which are expected to double its processing capacity. The company on Monday announced it will start work immediately on “facility upgrades and improvements” that would allow it to process over 2.2 million tonnes of […] Read more
Cargill buying further into Saskatchewan ag retail
Company to take up other half of Precision Ag
Cargill plans to expand its crop retail reach further into southeastern Saskatchewan by buying up the remaining half of one of its joint ventures in the region. The Canadian arm of the U.S. agrifood firm said Thursday it will buy up crop input retailer Precision Ag for an undisclosed sum, taking up the 50 per […] Read more
Spring road bans coming into effect across Prairies
MarketsFarm — Warming temperatures and melting snow across Western Canada may cause some disruptions to grain and livestock movement over the next few weeks as seasonal spring road restrictions come into effect across the Prairies. The annual spring road restrictions set axle weight limits for vehicles moving on certain roads in an effort to reduce […] Read more
Feed weekly outlook: Barley, wheat at par in Alberta
Demand also seen for heated canola
MarketsFarm — Prices for feed barley and wheat are running about the same, from where Susanne Leclerc sits at Market Master Ltd. in Edmonton. Barley and wheat going into central Alberta were both running at $315 per tonne, she said. “We’re seeing buyer strength gaining coverage for the summer,” she said, but noted trading activity […] Read more
Canary seed competing with other crops on the rise
'There's a fight for acreage'
MarketsFarm — During the fall of 2020, canary seed crossed above the 30 cents per pound mark — where it’s currently staying. And those who work with the crop expect its price to remain above that mark this year. David Nobbs, pulse merchant for Purely Canada Foods at Saskatoon and former chair of the Canary […] Read more
Federated Co-op buying into ag retailer Blair’s
Central, southeastern Saskatchewan sites to go into new joint venture
The ag retail arm of the Saskatchewan-based Blair’s Family of Companies is set to go into a joint venture with one of Canada’s biggest co-operatives. Blair’s and Federated Co-operatives (FCL) announced last week they’ve reached an agreement to set up a joint venture which, pending regulatory approvals, will own and operate the seven Blair’s ag […] Read more
Klassen: Lower U.S. calf crop spurs buying interest
Compared to last week, western Canadian yearling markets traded steady to $2 higher; calves in the range of 550-800 lbs. were up $2-$4; and calves under 550 lbs. surged $4-$8 on average. Certain auction barns reported that grassers traded $8-$12 above week-ago levels. Colder temperatures caused some sellers to delay sales; however, there was no […] Read more
Klassen: Feeder cattle demand improving
The feeder market received a shot of adrenaline last week as corn futures came under pressure while live cattle futures surged. During the first half of the week, western Canadian yearlings were quite sluggish and calf prices steady to $3 lower compared to seven days earlier. Some yearling packages moving direct off-farm in certain areas […] Read more
Cattle set-aside programs winding down
Final enrolment deadlines set for Saskatchewan, Alberta programs
AgriRecovery programs set up in Saskatchewan and Alberta to help cover feed costs for cattle producers unable to ship livestock to slaughter are gearing down, while Ontario’s program begins a third intake. Saskatchewan Crop Insurance Corp. announced Friday that the province’s AgriRecovery set-aside program will end March 31, 2021, with Jan. 19 now set as […] Read more
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