
Tag Archives Alberta

Sugar beet growers seek to expand sector with domestic policy
It wouldn’t stop strikes, but it would recharge Canada’s sugar industry, says producer group
The Alberta Sugar Beet Growers want a national domestic sugar policy, which the organization says could lay the foundation for resurgence in the sector.

Prairie forecast: Mild and dry weather right up to the holidays
Issued Dec. 13, covering Dec. 13 to Dec. 25
Here is the big picture: there are two current storm tracks across North America. The first, which is well to our north, is the storm track that would normally be across our region. So far this winter, it has been displaced to our north – one of the reasons we have been dry. The second storm track is well to the south across the southern U.S. This places us under a rather slack flow as we oscillate between pushes of warm and cool air with each passage of low-pressure to our north.

Klassen: Year-end buying interest boosts feeder market
Feedlot operators gearing up for shortfall in overall numbers in the first half of 2024
Strength was noted in calves under 650 pounds while feeders over 700 pounds were relatively unchanged. Larger packages of weaned quality genetics were $8 to $10 higher in some cases.

Prairie forecast: Average to above average temperatures to continue
Issued Dec. 6, covering Dec. 6 to Dec. 13
With no big storm system impacting our region, the weather models have been doing a good job with the forecasts over the last few weeks. As we start to move closer and closer towards the middle of winter, the longer we can keep the warm air around, the shorter we can hope winter will be. With that said, here is what the big picture is looking like over the next seven or so days.

Klassen: Feeder market bounces on lower volumes
Feedlot operators believe yearling numbers will be down in March and April
Strength was noted in Manitoba and Saskatchewan while a softer tone was evident in Alberta. Once again, buyers shrugged off the weaker feeder cattle futures and the focus was on filling year-end orders. Alberta and Saskatchewan feedlots are carrying larger numbers but there appears to be sufficient bunk capacity available to sustain the price structure.

Alberta investment firm acquires Australian cattle portfolio
This is AIMCo's second agricultural acquisition 'down under' in the last two years
The portfolio consists of Yougawalla Pastoral Co and Argyle Cattle Co. It's a large-scale cattle breeding business spanning nearly 3 million hectares (7.4 million acres) or largely leased land in the Kimberly region of Western Australia, AIMCo said in the news release.

Weather Network predicts mild winter, with caveats
Colder scenario expected for East
MarketsFarm — Strong El Niño conditions that have developed in the Pacific Ocean would typically lead to a milder winter across Canada — but other factors this year could challenge that outlook, according to the winter forecast from The Weather Network, released Wednesday. The winter forecast features a mild start to the season, with a […] Read more

Feed weekly outlook: Corn imports, larger crop prospects pressure barley
StatCan expected to raise barley crop estimate
MarketsFarm — The feed barley market in Western Canada remains relatively flat as steady corn imports from the U.S. keep domestic feeders well supplied. Ideas that Canadian production ended up above earlier expectations were also keeping a lid on the domestic market. Delivered barley into the Lethbridge, Alta. area is currently priced in the $300-$320 […] Read more

Prairie Forecast: Quiet, mild start to December
Issued Nov. 29, covering Nov. 29 to Dec. 6
The last forecast played out pretty close to what the weather models were predicting, with one small deviation: temperatures ended up being about 2 to 4 C warmer than forecasted. This will be something to keep in mind as we look at this week’s forecast. The forecast is looking rather quiet for this time of […] Read more

Klassen: Strong demand continues to support feeder market
Significant downside risk ahead
For the week ending Nov. 25, western Canadian yearling prices were $4-$8/cwt lower compared to seven days earlier. However, calf markets were firm trading $5-$8/cwt on either side of unchanged compared to values quoted a week prior. Optimal weather in southern Alberta caused major feedlot operators to stretch their hands across the Prairies. At the […] Read more