Compared to last week, western Canadian feeder markets were down $2-$4 on average. Prices for feeder cattle in the eastern Prairie regions were relatively unchanged from seven days earlier; however, values in Alberta and western Saskatchewan were down $4 to as much as $8 in some cases. This variation made the market hard to define. […] Read more
Tag Archives alberta — page 64
Klassen: Feeder market making seasonal lows
Surge of Canadian cattle exports expected
Prairie cash wheat: Red springs rising, durum retreats
U.S. wheat futures up on week
MarketsFarm — Cash bids on the Prairies climbed higher for Canada Western Red Spring Wheat (CWRS) and Canada Prairie Spring Red (CPSR) wheats, but those for Canada Western Amber Durum (CWAD) incurred sharp decreases. Gains in most U.S. wheat markets led to the increases on the Prairies, which were also aided by a weaker Canadian […] Read more
Klassen: Fed cattle prices down on the week
Compared to last week, Western Canadian feeder cattle prices were down $4 to $6 on average. Sub quality feeders traded as much as $8 below week ago levels. The market was hard to define with wide price ranges on similar weight feeders within a short distance. Southern Alberta is contending with adverse pen conditions as […] Read more
Prairie cash wheat: Falling Minneapolis futures weigh on Prairie bids
MarketsFarm — A sharp drop in Minneapolis spring wheat futures weighed on cash wheat bids across the Prairies during the week ended Thursday, but declines in the Canadian dollar provided some support and helped temper losses somewhat. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $7.60-$11.60 per tonne, […] Read more
Alberta looks for feed, Ottawa promises cash for B.C.
Alberta to help with veterinary testing after B.C.'s lab flooded, Alberta ag minister says
Even though supplies are low because of drought, Alberta is looking for feed to send to B.C. livestock producers, while Ottawa will provide emergency financial assistance to farmers dealing with flooding and closed roads in the hard-hit province. “We’ve been working with the B.C. department of agriculture,” Alberta Agriculture Minister Nate Horner said during a […] Read more
Road closures mean disposal for B.C. milk
Dairy farmers in Kootenays can still move milk east to Alberta
Many of British Columbia’s dairy producers can expect to have to dump raw milk for the near future as highways and other roads are rendered impassable. The B.C. Milk Marketing Board on Tuesday said milk won’t be picked up until further notice in several areas where roads are closed and/or trucks can’t enter the Lower […] Read more
Klassen: Feeder market continues downward slide
Prairies' snowstorm leads to risk discount
Compared to last week, western Canadian yearling prices were steady to $2 lower; calves traded $2-$4 below week-ago levels. Saskatchewan and Manitoba experienced their first major snowstorm of the season last week. The market tends to incorporate a risk discount for adverse weather as buyers factor in higher death loss. Also, major feedlot operators believe […] Read more
Prairie cash wheat: Bids jump after USDA projects cuts
MarketsFarm — A larger-than-expected cut in the U.S. Department of Agriculture’s (USDA) latest supply and demand forecast, plus rising wheat futures in anticipation of tighter worldwide supply, led to higher bids for western Canadian wheat for the week ended Thursday. USDA on Tuesday trimmed world wheat ending stocks to 275.8 million tonnes, down 1.38 million […] Read more
Cargill beef plant workers serve strike notice
Without a deal, High River workers will walk Dec. 6
Unionized workers at Cargill’s cattle slaughter and processing plant at High River, Alta. will start strike action next month unless a deal can be reached with the company, their union said Wednesday. A strike would begin at High River no sooner than Dec. 6 at 12:01 a.m. if a new collective bargaining agreement isn’t reached […] Read more
Feed weekly outlook: Barley, wheat prices among highest ever
MarketsFarm — Feed grain prices continue to push higher following a somewhat disappointing harvest on the Prairies this year, according to Glen Loyns, general manager of JGL Commodities at Moose Jaw, Sask. “We’re seeing upticks on all feed. Everything is up. You’re seeing high prices on wheat and barley. And you’re going to continue to […] Read more
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