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Tag Archives Alberta

(Geralyn Wichers file photo)
Finishers, Livestock, Markets

Klassen: Canadian feeder buyers ignore weaker futures market

U.S. feedlot placements up four per cent

By ,
For the week ending Nov. 18, western Canadian feeder cattle prices traded $3-$5/cwt on either side of unchanged compared to seven days earlier. Buyers appeared to shrug off the weaker futures market and the defensive tone from a week earlier evaporated. Eastern Prairie markets were firm, with larger packages of quality cattle trading a solid […] Read more
File photo of storm clouds over northeastern Alberta. (ImagineGolf/E+/Getty Images)
Weather

Prairie forecast: One more shot of warm weather?

Issued Nov. 14, covering Nov. 15 to 18

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It looks like the well above average temperatures that flooded across the prairies over the last week or so will be coming to an end, at least eventually. The good news is that it doesn't look like it will be an abrupt end with well below average temperatures moving in.
File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Cash feeder prices soften on futures market uncertainty

Supplies are higher than expected as consumers reign in spending

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The live and feeder cattle futures appear to be incorporating a risk discount due to the uncertainty in demand. Consumers are pulling in the reigns on spending. Interest rates are at 40 year highs and inflation remains elevated. Larger supplies and lower demand results in lower prices.
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Bids up in early November

U.S. wheat futures up on week

By ,
MarketsFarm –– Spring wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up by $8.80-$10.10 per tonne across the Prairies, according to price quotes from a cross-section of delivery points compiled by PDQ […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Buyers contemplate feeder market prices

In adverse weather, sale results vary

By ,
Compared to last week, western Canadian yearling markets traded $3-$5/cwt lower on average although limited numbers made the market hard to define. Calf markets traded $4-$8/cwt on either side of unchanged. It appeared that 700-plus-lb. calves were up $4 to as much as $8. The variation in the price structure was due to the adverse […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Weaker U.S. values pull down Canadian prices

Lower export sales drag on U.S. wheat

By ,
MarketsFarm — Wheat prices across the Canadian Prairies fell back during the week ended Nov. 2, with losses in Canada Western Red Spring and Canada Prairie Spring Red wheats, while those for Canada Western Amber Durum were mostly lower. The U.S. wheat complex lost ground during the week, due in part to lacklustre export sales. […] Read more
Photo: File
Barley, Crops, Markets

Feed weekly outlook: Prices to continue slipping back

Feedlots covered for now

By ,
MarketsFarm — Feed prices are set continue grinding lower for the balance of 2023, “as domestic end users are covered,” according to Jim Beusekom, president of Market Place Commodities in Lethbridge. Beusekom pointed to the amount of contracted corn being imported from the United States as well as better-than-expected yields across the Prairies this harvest. […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

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