Precipitation has been quite variable across the Ontario cropping region throughout the month of July. Western counties received average precipitation but a large portion of the central and northern counties […] Read more
All eyes on today’s USDA supply and demand report
An updated acreage survey will shed new light on how many acres did not get planted
Klassen: Feeder prices ratchet higher
Compared to last week, western Canadian yearling markets traded $3-$5 higher on average; however, there were a few feature sales quoted $8 to as much as $10 above week-ago levels. […] Read more
Klassen: Feeder cattle markets remain firm
Western Canadian feeder cattle prices were unchanged from seven days earlier. Strong buying interest was noted from finishing feedlots in Alberta. Orders flowed across the prairies keeping prices relatively even. […] Read more
Tight Ontario crop supplies to keep local demand strong
Low corn stocks and fewer wheat acres with quality concerns should support local prices
Corn and soybean markets continue to digest growing conditions on both sides of the border. Ontario received 40 per cent to 60 per cent of normal precipitation from June 15 […] Read more
Klassen: Yearling prices surge
Compared to last week, Western Canadian yearling prices were $3 to as much as $10 higher while calves traded $2 to $5 above week-ago levels. Most auction barns remain in […] Read more
Klassen: Feeder market experiences fortuitous bounce
Compared to last week, western Canadian feeder cattle markets traded $2-$5 higher on average. Auction barns had limited numbers on offer but strong buying interest surfaced for quality packages. Alberta […] Read more
Timing of planted acreage surveys creates confusion on actual plantings
It will be another month until it is known if farmers actually planted their intended corn acres
Quick look Soybeans: Ontario soybeans will see significant competition from U.S. soybeans for the rest of this crop year. Corn: U.S. corn yield needs to drop below 155 bushels per […] Read more
Klassen: Feeder market softens on limited volumes
Compared to last week, western Canadian feeder cattle prices were steady to $3 lower on average. Many auction barns were on holidays last week. Auctions that did hold sales had […] Read more
Weather effects could have large impact on U.S. crop levels and carryout
Fewer planted acres of corn will have an effect on other crop supplies and pricing
Ontario has received 115 per cent to 150 per cent of normal precipitation over the past 30 days; rainfall in the northern counties has been greater than 150 per cent […] Read more
Klassen: Feeder market enters summer doldrums
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 […] Read more