MarketsFarm — If Canada’s 2022 sunflower seed harvest is to be the lowest in five years, you wouldn’t know it talking to producers of the crop. In its July satellite image-based principal field crops estimates released Monday, Statistics Canada projected sunflower seed production for the 2022-23 marketing year at 61,996 tonnes, 24.2 per cent lower […] Read more
Tag Archives manitoba — page 46
Manitoba’s sunflower crop smaller, better
Global supply, demand outlooks remain uncertain
Initial drought list ready for 2022 livestock tax deferrals
Much of Manitoba, southern Alberta designated for 2022
Many of the Prairie livestock producers forced by drought to make “difficult herd management decisions” in the 2022 income tax year are now eligible to defer the taxable income from those decisions. Federal Agriculture Minister Marie-Claude Bibeau on Tuesday released the initial list of designated regions in Alberta, Manitoba and Saskatchewan where livestock tax deferral […] Read more
Klassen: Feeder markets digest StatCan data
Barley crop expected up 34 per cent on year
Compared to last week, western Canadian yearling markets traded steady to $2 higher. Yearling prices have strengthened by $8-$10 over the past four weeks. Calf values were relatively unchanged but the market was hard to define due to limited volumes. Alberta packers were buying on a dressed basis from $300 to $302 delivered, up $1-$2 […] Read more
Klassen: Stronger fed market supports feeder complex
Compared to last week, western Canadian yearling markets traded $2-$4 higher on average. Heavier calves over 700 lbs. continued to climb, notching gains of $2-$4. Calves weighing 500-700 lbs. were $4 to as much as $7 higher. This past week, there was a light test of calves under 500 lbs.. Prices were near historical highs […] Read more
Prairie cash wheat: Bids fall sharply lower
U.S. wheat futures, Canadian dollar down on week
MarketsFarm — Spring wheat bids in Western Canada dropped sharply lower during the week ended Thursday, as losses in U.S. futures weighed on values. Increased grain movement out of Ukraine, as more vessels were finally shipping corn and wheat out of Black Sea ports, contributed to the selling pressure in the futures that spilled into […] Read more
Feed weekly outlook: Prairie markets hold firm ahead of harvest
MarketsFarm — The feed grain market in Western Canada is holding steady for the time being, with both buyers and sellers keeping to the sidelines ahead of the harvest. “So far we haven’t seen the harvest pressure we would normally expect,” said grain trader Matt Beusekom of Market Place Commodities in Lethbridge. Feedlots were still […] Read more
Prairie cash wheat: Bids show some strength
U.S. wheat futures, loonie up on week
MarketsFarm — Spring wheat bids in Western Canada moved higher during the week ended Thursday, taking back most of the losses from the previous week as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $12-$15.50 per tonne during the week ended Thursday, […] Read more
Feed weekly outlook: Prices lower despite mixed growing conditions
MarketsFarm — While not as widespread as last year’s historic drought, some parts of Alberta are still struggling with hot and dry conditions. Suzanne Leclerc, owner of Market Master Ltd. in Edmonton, said growing conditions for feed grains across the province are varied. “As usual for the last couple of years, such a mixed review,” […] Read more
Klassen: Alberta yearling market makes fresh 52-week high
The western Canadian feeder cattle market is in price discovery mode. There was a light test of yearlings and calves this past week, with prices setting fresh 52-week highs. New-crop supplies of grass cattle are coming on the market from drier pockets of Alberta. At the same time, regular feedlot backgrounded replacements are trading at […] Read more
Fungal diseases posing an issue with Manitoba crops
As crop conditions vary across Manitoba, the latest crop report noted that frequent rains and warm temperatures have increased the risk of a number of fungal diseases. Manitoba Agriculture and Resource Development (MARD) said farmers continued to apply fungicides on their wheat, oats, barley, canola, and pea crops. However, wet conditions in a number of […] Read more
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