(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market softens

Hope deferred makes the heart sick, goes the old proverb, and there is no greater example than in the cattle complex. Placid feedlot operators watched in dismay as fed cattle sold in the range of $133-$135 this past week, down approximately $6 from week-ago levels and $10 below breakeven pen closeout values. The stomach-churning fed […] Read more

(Photo courtesy Canada Beef Inc.)

Overcrowded feed market eats into profitability

CNS Canada — Alberta’s feed grain market is overcrowded with sellers, driving prices lower in a trend one market participant says is expected to stay for the near-term. “Farmers keep asking if there’s a lot of grain out there, and that’s not really the main reason markets are falling off,” said Jared Seitz of Agfinity […] Read more



(EC.europa.eu)

Pettigrew tapped to help push through EU trade deal

Ottawa | Reuters — Canada has named a former politician with experience in trade and foreign affairs as the government’s new envoy to help complete its long-negotiated free trade agreement with the European Union, a spokeswoman said Wednesday. Pierre Pettigrew, who served as both minister of foreign affairs and minister for international trade under previous […] Read more


(Dave Bedard photo)

StatsCan’s canola estimates taken with grain of salt

CNS Canada — Statistics Canada’s latest crop production estimates are in and while they may raise a few eyebrows, the numbers aren’t likely to cause havoc in the markets, according to most trade analysts. StatsCan on Tuesday pegged canola production in 2016-17 at 17 million tonnes. That compares to pre-report ideas of 15.9 to 20 […] Read more




(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market brewing but caution prevails

Western Canadian feeder cattle prices were steady to $4 higher relative to week-ago levels. Yearling volumes are starting to increase in central and northern Alberta while the southern and eastern regions experienced limited activity. Buyers’ opaque attitudes resulted in a firmer tone and no one could feel guilty for a minor intemperance. However, the circumspect […] Read more