MarketsFarm — Statistics Canada (StatCan) issued its potato production report Thursday, which noted a 1.5 per cent increase in the country’s crop in 2022. Across Canada, nearly 122.9 million hundredweight (cwt) of potatoes were harvested last year, with an average national yield of 322.3 cwt/acre on 381,351 acres. Alberta rose from third into the top […] Read more
Tag Archives manitoba — page 40
Canada’s potato crop edges up in 2022
Alberta up into top spot among potato-producing provinces
Feed weekly outlook: Grain stocks set tone for barley, wheat
Barley expected to go bullish in April, May
MarketsFarm — Statistics Canada’s (StatCan) grain stocks report issued earlier this week largely met trade expectations, according to Winnipeg-based independent trader Jerry Klassen. The survey-based report, which estimated the country’s grain stocks as of Dec. 31, was neutral for spring wheat, supportive of durum, and pointed toward barley being somewhat bullish come spring, he said. […] Read more
Prairie cash wheat: Spring wheat bids edge higher
U.S. wheat futures supportive; durum bids down
MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, underpinned by gains in U.S. wheat futures. However, durum bids lost some ground. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by between 10 cents and $5.80 per tonne across the Prairies, according […] Read more
Feed weekly outlook: Prairie markets hold steady
U.S. corn imports keep lid on domestic grains
MarketsFarm — Feed grain markets in Western Canada have seen little change over the past few weeks. Feed barley bids across Western Canada have generally held steady over the past month, with the spot market topping out at $9.58 per bushel in Alberta, according to Prairie Ag Hotwire data. Prices in Manitoba and Saskatchewan are […] Read more
Klassen: Feeder market percolates higher amid finicky buyers
Ontario feedlots bring demand for West's calves
Compared to last week, western Canadian feeder cattle markets traded steady to $4 higher on average. Certain pockets in Manitoba and eastern Saskatchewan had steer calves up $4-$8 from week-ago levels. Alberta values were relatively unchanged from seven days earlier on all weight categories. Steady demand was noted from Ontario feedlots for calves while Alberta […] Read more
Préval closes deal for Alberta lamb processor, feedlot
Quebec firm picks up defunct NALCO's Alberta assets
Quebec agrifood firm Préval Ag has wrapped up its deal to buy the Alberta processing and production assets of the defunct North American Lamb Co., marking Préval’s first move into the lamb sector outside its home province. As per Alberta Farmer’s report last week, Préval confirmed Monday its divisions Westfine Meats and West Excelamb are […] Read more
Prairie cash wheat: Bids mixed as U.S. futures rise
Rising Canadian dollar adds pressure
MarketsFarm — Canada Western Red Spring and Canada Western Amber Durum wheat prices declined while bids for Canada Prairie Spring Red rose during the week ended Jan. 26. Wheat futures in the U.S. fell Monday, with the March contracts on the Chicago Board of Trade (CBOT) dropping 21 to 29 U.S. cents due to spillover […] Read more
Feed weekly outlook: Barley, wheat prices continue downward
Oats, canola meal also bound for feedlots
MarketsFarm — As colder temperatures descend onto the Prairies, buying activity for feed barley and wheat was just as frigid. “A lot of guys are fairly caught up with purchasing,” said Mike Fleischhauer of Eagle Commodities Inc. in Lethbridge. “You see the prices of wheat and barley start to trickle down a little bit. Corn’s […] Read more
Prairies’ warmer spell to be usurped by arctic front
MarketsFarm — While the Prairies have so far this month experienced rather non-January-like temperatures, a cold front coming south from the Arctic will soon descend on the region, according to Scott Kehler, president and chief scientist of Weatherlogics in Winnipeg. “What we are seeing is a big change in the weather pattern. For most of […] Read more
Klassen: Feeder market’s upward trend continues
Manitoba, Saskatchewan see limited gains
Compared to last week, western Canadian feeder cattle markets traded $2-$3/cwt higher on average. Southern Alberta appeared to lead Western Canada. Prices in the Lethbridge area were up $8/cwt to as much as $15/cwt from week-ago levels. Major operations have liquidated a significant amount fed cattle and become more current with production. There was a […] Read more
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