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Prairie forecast: Is winter making one last push?

Issued March 20, covering March 20-27, 2024

A sprawling Arctic high pressure system is poised to dominate the region, ushering in colder-than-normal temperatures reminiscent of January's grip, but not as cold. While cold snaps this time of year often bring snow, the prevailing high pressure suggests storm activity will largely skirt the area, save for southern and southwestern Alberta where significant snowfall is anticipated.






(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.