Compared to last week, short-keep replacement cattle and feeders in the mid-weight categories were steady to $3 lower on average; feeder cattle under 600 lbs. traded $2 lower to as […] Read more
Klassen: Feeder market starts 2020 on steady tone
Soybean prices rise due to South American uncertainty
Ontario corn yield was down almost eight bushels per acre in 2019
Statistics Canada’s November crop survey released on Dec. 6 was considered neutral to bullish for Ontario corn, soybean and wheat markets. Production for all three crops came in below year-ago […] Read more
Klassen: Fed cattle market underpins feeder cattle prices
Alberta packers were buying fed cattle on a dressed basis at an average price of $275 delivered, which equates to $165 on a live basis. Fed cattle prices are now […] Read more
Klassen: Feeder market remains firm
Feeder cattle markets experienced light volumes during the final week of December and prices were relatively unchanged compared to week-ago levels. Yearling values were slightly softer, as these cattle will […] Read more
Klassen: Improving margins support lightweight feeder cattle
Compared to last week, Western Canadian feeder cattle markets traded $2 to $4 on either side of unchanged; however, calves under 650 pounds were steady to as much as $5 […] Read more
Klassen: Feeder cattle market volatility continues
Compared to last week, western Canadian feeder cattle markets traded steady to $5 higher on average. For the second week in a row, the markets were quite variable across the […] Read more
Soybean market volatile, hinders Ontario exports
Local corn basis continues to counteract market declines
There has been on and off again progress on the Ontario corn crop over the past couple of weeks. As of Dec. 1, we estimate that Ontario farmers had harvested […] Read more
Klassen: Feeder cattle market under weight of imports
Compared to last week, western Canadian feeder cattle markets traded $5 lower to $2 higher. It’s that time of year when most feedlots are carrying sufficient numbers and buyers are […] Read more
Klassen: Feeder cattle edge higher on improving margins
Compared to last week, western Canadian yearlings were $2-$3 higher; calf prices were $2 to as much as $4 higher; calves under 600 lbs. were $4 to as much as […] Read more
Ontario winter wheat acres likely to hit one million
Soybean exports look to be increasing from Canada
As of Nov. 19, we estimate that Ontario farmers have harvested 93 per cent of soybeans and 50 to 60 per cent of corn. It’s hard to assess the corn […] Read more