Klassen: Feeder cattle demand surges

Cow-calf producers already thinking spring

Reading Time: 2 minutes Compared to last week, western Canadian yearlings sold $3-$5 higher while calves traded $6 to as much as $10 higher. The return of moderate temperatures enhanced buying enthusiasm across the Prairies. Strength in deferred live cattle futures appeared to offset strong feed grain values. Yearling prices were rather soft through January and the first half […] Read more

Klassen: Cold weather slows feeder cattle market activity

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Extreme temperatures blanketed Western Canada last week. Many auction barns cancelled sales or had limited numbers on offer. Buyers attended sales either in person or via the internet, which was supportive to the overall price structure. Many backgrounders and cow-calf producers delayed sales […] Read more

Klassen: Lower U.S. calf crop spurs buying interest

Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded steady to $2 higher; calves in the range of 550-800 lbs. were up $2-$4; and calves under 550 lbs. surged $4-$8 on average. Certain auction barns reported that grassers traded $8-$12 above week-ago levels. Colder temperatures caused some sellers to delay sales; however, there was no […] Read more

Indonesia has a growing middle class that provides a potential market for Canadian products.

Canada, Indonesia explore trade deal

Broader Southeast Asian pact could have potential

Reading Time: 3 minutes Glacier FarmMedia – Canada is exploring a potential trade pact with Indonesia as it continues to seek out deals in the Asia-Pacific region. International Trade Minister Mary Ng made the announcement Jan. 11. Why it matters: Asian-Pacific nations make up one of the largest potential growth markets for Canadian agricultural commodities, especially given the increased […] Read more

UN urges ‘maximum restraint’ as India farm protesters widen blockade

Reading Time: 2 minutes Mumbai | Reuters — The United Nations human rights office called on Indian authorities and protesting farmers to exercise “maximum restraint” hours before the growers impose a nationwide road blockade on Saturday seeking a repeal of new agricultural laws. Tens of thousands of farmers have camped out on the outskirts of New Delhi for more […] Read more


Feed weekly outlook: Grain exports, prices rise

Reading Time: < 1 minute MarketsFarm — As more Canadian feed grains make their way overseas, especially into China, domestic buyers may need to pay more secure supplies from emptying bins over the next few months. “Anything extra we’re able to export is getting exported at this point,” Brandon Motz, owner and sales manager of CorNine Commodities at Lacombe, Alta., […] Read more

ICE weekly outlook: How long can canola remain well supported?

Reading Time: 2 minutes MarketsFarm — Despite recent declines in canola prices, the Canadian oilseed remains very well supported, according to Errol Anderson of Market Place Communications in Calgary. The question he posed, though, was for how long can this last? “The market is incredibly well supported because of the lack of deliveries and that the crushers are still […] Read more

Pulse weekly outlook: Canada’s lentils face competition

Reading Time: 2 minutes MarketsFarm — Acreage and production of lentils in Canada are expected to mostly remain the same for the 2021-22 crop year. While strong demand during the COVID-19 pandemic has bolstered prices over the past year, increased production from competing exporters may cut into that buying interest going forward. Elyce Simpson Fraser, senior vice-president of Simpson […] Read more


Oat prices running out of upside

Reading Time: 2 minutes MarketsFarm — Oat prices in Western Canada have shown some strength over the past year, but competition from other crops will likely lead to an acreage reduction this spring despite the firm prices, according to market participants. Ryan McKnight, from Linear Grain at Carman, Man., had seen prices for the crop rise last fall, but […] Read more

Indian farm protesters reinforce after standoff with police

Reading Time: 2 minutes New Delhi | Reuters — Thousands of Indian farmers marched overnight to reinforce protesting colleagues camping out on the outskirts of the capital, New Delhi, to press the government to withdraw three new farm laws that they say will hurt their livelihoods. In a standoff between riot police and the farmers, authorities tried to clear […] Read more