(Photo courtesy Canada Beef Inc.)

Klassen: Yearling price trend stalls while calves ratchet higher

Larger players aggressively securing lightweight calves on expectations of low yearling supplies

Western Canadian feedlots are carrying sufficient numbers for the time being and feeding margins remain deep in red ink on unhedged cattle. Secondly, carcass weights are sharply above year-ago levels and Alberta finishing lots are backed up with market-ready supplies.


File photo of a lentil crop before harvest in Saskatchewan. (Bobloblaw/iStock/Getty Images)

Canadian pulse plantings to rise in 2024

Canadian lentil area is forecast to be up by 4.4 per cent on the year, at 3.829 million acres, according to the estimates of principal field crops report released by Statistics Canada on March 11. After conducting a survey of producers in December and Janyar, StatCan forecast pea area in 2024 at 3.122 million acres which would be up by 2.4 per cent on the year.