Klassen: Feeder cattle futures test contract highs

Western Canadian feeder cattle prices were steady to $3 higher last week while U.S. prices jumped $4 to $8. Auction market volumes were extremely light while most cattle buyers started their holiday season. It's that time of year when quality feeder cattle are hard to find and feedlot owners have other issues to contend with.[...]







Waterlogged farmers getting charged for unused fertilizer

Producers in southwestern Manitoba and southeastern Saskatchewan have seen record amounts of rainfall this spring, causing record amounts of acres to go unseeded -- and large amounts of fertilizer to go unused. Many producers who bought fertilizer were unable to use it because it was just too wet to get on the field -- and[...]


Canola area a surprise in StatsCan acreage report

The record-sized area planted to canola in the Statistics Canada acreage report released early Thursday caught more than just a few individuals in the trade by surprise. "Even with flooding and excessively wet conditions for planting it was perceivable that canola area could have easily topped the 20 million-acre level and came that much closer[...]