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(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Spring wheat bids drop with U.S. futures

Crop concerns supportive for durum

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MarketsFarm — Spring wheat bids in Western Canada fell in sympathy with U.S. futures during the week ended Thursday, although durum climbed higher on the back of production concerns in key durum-growing areas of southern Saskatchewan. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $7.60-$9.70 per tonne across […] Read more
File photo of a Wyoming corn crop. (RiverNorthPhotography/iStock/Getty Images)
Barley, Crops, Markets

Feed weekly outlook: Market steady in face of harvest, U.S. corn imports

Imports weigh on domestic barley values

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MarketsFarm — The feed grain market in Western Canada is holding reasonably steady as harvest operations progress and corn imports continue to come up from the United States. Anecdotal harvest reports were varied so far, with surprisingly positive results from some growers and others who missed out on showers ending up with lower yields, according […] Read more
(Geralyn Wichers file photo)
Finishers, Livestock, Markets

Klassen: Feeder market consolidates

USDA report considered supportive for Q4 fed cattle

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Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. The steam appears to be coming off the market as larger volumes become available. Pastures have basically dried up in many areas of Western Canada, which has spurred on producer selling. The calf market was hard to define due to […] Read more
Smoke rises from a wildfire near Wildwood, Alta., about 100 km west of Edmonton, on May 5, 2023. (Photo: Alberta Wildfire/Handout via Reuters)
General, Markets, Weather

Alberta farmers granted late AgriStability entry

Enrolment deadline now Sept. 29

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Any Alberta producers who were considering AgriStability — but only in hindsight — for the income stabilization plan’s 2023 program year now have until Sept. 29 to apply. Ottawa and the province announced Aug. 4 that they’ve reopened the jointly-funded program, as wildfires and/or “extremely dry” growing conditions have dragged on many Alberta producers’ work […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Bids run mixed to higher

Domestic wheat yields now a question mark

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MarketsFarm — Bids for Canada Western Red Spring (CWRS) wheat were mixed for the week ended Aug. 10, while those for Canada Prairie Spring Red (CPSR) and durum were on the rise. Scattered showers brought moisture across the Prairies, but attention has now turned to harvesting a wheat crop greatly affected by hot and dry […] Read more
File photo of a sunrise over an Alberta barley crop. (MNphotography/iStock/Getty Images)
Barley, Corn, Crops, Markets, Weather

Feed weekly outlook: Crop conditions, barley demand lower

Prices expected steady to lower for now

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MarketsFarm — As combining operations begin, dryness continues to plague crops in many parts of Saskatchewan. But while crop conditions aren’t as bad as they were during the drought of 2021, according to trader Evan Peterson from JGL Commodities in Saskatoon, crops are still very parched. “Southern and western parts are very, very poor. But […] Read more
Agriculture and Agri-Food Canada’s Drought Monitor map at July 31, 2023. (AAFC)
General, Weather

Prairie Forecast: Cooler and unsettled

Issued Aug. 9, covering Aug. 9 to 16

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First off, I must apologize for not producing an update to the last forecast; I had the opportunity to do some backwoods camping, which meant I was off the grid for about five days. I’m back now, and from the weather model runs I’ve been able to check out, this forecast period is going to […] Read more
(Geralyn Wichers photo)
Finishers, Livestock, Markets

Klassen: Upward momentum in feeder market eases

Feedlots seen in 'risk assessment mode'

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Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Higher-quality groups of yearling heifers appeared to trade steady to $2 higher on average while steer markets traded $3-$4 higher to $2 lower. Calf prices are unchanged from seven days earlier. The rally in deferred live cattle futures has stalled for the time […] Read more

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