Tag Archives manitoba — page 19

Klassen: Feeder market rally stalls
Compared to last week, Western Canadian feeder cattle prices were quoted $3-$4/cwt on either side of unchanged.

Prairie forecast: Is winter making one last push?
Issued March 20, covering March 20-27, 2024
A sprawling Arctic high pressure system is poised to dominate the region, ushering in colder-than-normal temperatures reminiscent of January's grip, but not as cold. While cold snaps this time of year often bring snow, the prevailing high pressure suggests storm activity will largely skirt the area, save for southern and southwestern Alberta where significant snowfall is anticipated.

Klassen: Feeder market adjusts to lower supplies
Western Canadian prices for backgrounded replacements were $2 to $4 higher than last week. Lower flesh yearlings were valued $3 to $8 above week-ago levels. Prices for calves under 800 pounds were up $3 to $7 compared to seven days earlier with noted strength in feeders under 600 pounds.

Prairie forecast: Very warm west, mild but a little unsettled east
Issued March 13, covering March 13 to 20
The cold weather has also been replaced by above average temperatures. The question I have been hearing the most is--has spring arrived or is there still a bit of winter left to be felt?

Klassen: Yearling price trend stalls while calves ratchet higher
Larger players aggressively securing lightweight calves on expectations of low yearling supplies
Western Canadian feedlots are carrying sufficient numbers for the time being and feeding margins remain deep in red ink on unhedged cattle. Secondly, carcass weights are sharply above year-ago levels and Alberta finishing lots are backed up with market-ready supplies.

Feed grain weekly outlook: Growers looking at the skies, prices
Barley prices should decline in later spring as growers sell, analyst says
Despite recent weather bringing much-needed moisture into southern Alberta, dryness remains a concern in the region weeks before the start of seeding.

Prairie forecast: Stormy start in the east, warming in the west
Issued March 6, covering March 6 to 13, 2024
After what was probably the biggest storm system of the winter, it looks like this forecast period will see a break from the active weather for the most part.

Klassen: Grassers and herd rebuilding confidence keeps feeders elevated
Major grazing regions of Western Canada receive more than double of normal precipitation in last month
The major grazing regions of Western Canada have received over 200 per cent of normal precipitation over the past 30 days. Grassers were red hot. Demand has also increased for herd building heifers which has diminished supplies for finishing feedlots.

Prairie forecast: Storm system heads for southern Prairies
Updates forecast issued Feb. 29, covering Feb. 29 to March 6, 2024
The weather models have come into fairly good agreement for the storm system forecasted to impact much of the southern prairies over the next 24 to 48 hours. An area of low pressure is developing over Wyoming with an inverted trough stretching northwestwards.

Prairie forecast: More much-needed moisture expected
Issued Feb. 29, covering Feb. 29 to March 6, 2024
Cold Arctic air has invaded the Prairies much to many people’s surprise. We have gotten so used to mild spring-like weather that some people may be put off that winter has returned. For those who read my last column, this type of weather shouldn't be surprising since we are now moving into what can be the snowiest time of the year.