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(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Strong demand underpins yearling market

Western Canada will be seeking U.S. corn

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Compared to last week, western Canadian yearling prices were unchanged to as much as $4 higher in some cases; calf markets traded $2-$3 on either side of unchanged as prices were quite variable across the Prairies. Major feedlot operators were extremely aggressive for yearlings. Larger groups of one-cut cattle were very well bid. April live […] Read more
Cattle graze near Dauphin, Man. in late July. (Manitoba Co-operator photo by Alexis Stockford)
Livestock

Feds lock in AgriRecovery funds before election call

Ottawa's pledged share now up to $500 million

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Just hours ahead of a federal election call, the federal government has committed $500 million to cover its share of federal/provincial AgriRecovery support plans for drought-hit farmers across Canada’s West. Shortly before Prime Minister Justin Trudeau’s visit Sunday to Rideau Hall seeking the dissolution of Parliament for a federal election, Agriculture Minister Marie-Claude Bibeau confirmed […] Read more
Photo: File
Crops, Markets

Alberta reckons with poor quality, low crop yields

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MarketsFarm – Crops in Alberta will not only have much lower yields than in previous years, but good quality crops will be harder to find. Provincial crop condition ratings declined over the past two weeks, according to the Province of Alberta’s biweekly crop report as of Aug. 10, which was released three days later. Only […] Read more
Photo: Canada Beef Inc.
Livestock, Markets

Klassen: Drought conditions spur on fall cattle run

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Compared to last week, Western Canadian feeder yearling prices were relatively unchanged; calves traded $2 to $5 lower. The fall run has started. Drought like conditions have caused many ranchers to sell cattle 30 to 45 days earlier than normal. Steers averaging 900 pounds were readily trading in the range from $185 to $190; steers […] Read more
(Doug Wilson photo courtesy ARS/USDA)
Crops, Markets

Feed weekly outlook: Bids rising in Saskatchewan

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MarketsFarm — Feed grain prices in Western Canada are continuing their ongoing rise as heat and dryness cover the region. “For feed wheat (on Tuesday), I finally got a bid of $10 per bushel, which is really an amazing bid,” said Dale McManus, broker for Johnston Grains at Welwyn, Sask. The high-delivered bid for feed […] Read more
(Valerie Loiseleux/iStock/Getty Images)
Livestock

‘Time is ticking’ on drought response for beef cattle sector

'We need answers like yesterday'

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As Canada’s beef farmers and ranchers face drought, industry leaders are trying to find ways to secure feed and help those forced to sell rebuild their herds. B.C. ranchers are dealing with high temperatures that have “parched the grass that was there,” Kevin Boone, general manager of B.C. Cattlemen’s Association, said during a Canadian Cattlemen’s […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market stays firm

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Compared to last week, western Canadian prices for yearlings weighing 800 lbs. and over were unchanged; however, calves and yearlings in the 600- to 800-lb. category traded steady to $3 higher. The calf market was hard to define due to small groups of various quality. Strength in deferred live cattle futures along with the weaker […] Read more

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