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Barley

(Dave Bedard photo)
Crops, Markets

Slight adjustments in AAFC’s April supply/demand report

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MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada, released Tuesday, included only minor adjustments to balance sheets for most major crops. Statistics Canada releases its first survey-based acreage estimates for the upcoming growing season on Tuesday next week (April 27), which should lead to adjustments in subsequent supply/demand projections. Canola ending […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle markets experience volatility

Beef prices encourage slaughter pace

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Compared to the previous week, western Canadian feeder cattle markets traded $3-$4 on either side of week-ago levels. Prices were quite variable across the Prairies with four main factors influencing buyer sentiment. First, the eastern Prairie regions experienced adverse winter weather. Auction barns in Manitoba and eastern Saskatchewan had smaller volumes on offer. Buyers shied […] Read more
Loading grain on a vessel at a Burrard Inlet terminal. (Maxvis/iStock/Getty Images)
Crops, Markets

Grain, oilseed exports at strong pace

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MarketsFarm — Canadian grain and oilseed exports continue at a strong pace, with movement of canola, wheat and barley all running well ahead of the year-ago pace. Crop-year-to-date exports of Canada’s major grains and oilseeds as of Sunday came in at 37.78 million tonnes, according to Canadian Grain Commission (CGC) data. That’s up by roughly […] Read more
A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Corn, Crops, Markets

Feed weekly outlook: Prairie grains firm, watching new-crop weather

U.S. corn values supportive

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MarketsFarm — Tight barley supplies in Western Canada continue to keep the feed market underpinned, with gains in the U.S. corn market also providing support to grain markets in general. “We’re starting to see a bit of an early weather market in the U.S.,” Allen Pirness of Market Place Commodities in Lethbridge said. Rising corn […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Feeder market digests USDA acreage report

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Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Lower flesh yearlings appeared to trade $2-$3 higher in certain pockets of Alberta but replacements carrying excessive butter experienced severe discounts of $6 to as much as $10 in some cases. October and December live cattle futures made fresh contract highs, which underpinned […] Read more
McMillin: Fed cattle market sees little improvement
Beef Cattle, Markets, News

McMillin: Fed cattle market sees little improvement

The Markets with Deb McMillin, from the April 2021 issue of Canadian Cattlemen

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Fed cattle A larger domestic slaughter supply coupled with heavier carcass weights limited seasonal improvement in the fed market. The fed steer average in mid-March was $149.93/cwt, $0.98/cwt lower than the start of the month and down $2.65/cwt when compared to a year ago. Mid-March 2020 was the start of the market disruptions due to […] Read more

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