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Nate Horner, shown here speaking Oct. 4, 2022 at Southland Trailers at Lethbridge, was named Oct. 21 as Alberta’s minister of agriculture and irrigation. (Alberta government video screengrab via YouTube)
General

Alberta reorganizes ag portfolio for returning minister

Horner to handle agriculture and irrigation file

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Both Alberta and Quebec have re-upped with their incumbent agriculture ministers in cabinet shuffles this week — but incoming Alberta Premier Danielle Smith’s shuffle will also streamline that province’s ag portfolio. Chosen by Alberta’s governing United Conservatives (UCP) on Oct. 6 to replace outgoing premier Jason Kenney, Smith on Friday announced Kenney’s incumbent minister of […] Read more
File photo of cattle on feed near Champion, Alta., about 75 km north of Lethbridge. (James_Gabbert/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Uncertain fed cattle market weighs on feeder cattle

U.S. feeder demand seen relatively sluggish

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Compared to last week, western Canadian yearlings (900 lbs. and over) appeared to trade $6-$8 lower on average; yearlings weighing 800-900 lbs. off grass were unchanged. Backgrounded yearlings were also $6-$8 lower. Mid-weight calves were unchanged but calves under 600 lbs. were $3 to as much as $10 lower in some cases. Feedlot operators pulled […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Prices swing higher on U.S. gains

Canadian dollar down on week

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MarketsFarm — Wheat prices on the Canadian Prairies were higher for the week ended Thursday. As Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats had modest upticks, Canada Western Amber Durum (CWAD) incurred double-digit increases. Gains in the U.S. wheat complex provided support, with a weaker Canadian dollar also underpinning values. […] Read more
File photo of a sunrise over an Alberta barley crop. (MNphotography/iStock/Getty Images)
Crops, Weather

Alberta issues final crop report for year

Harvest over 98 per cent done by region and crop type

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MarketsFarm –– For the second year in a row the Alberta harvest wrapped up well ahead of the five-year average. With a gain of three points for the week ended Tuesday, Alberta Agriculture, Forestry and Rural Economic Development (AFRED) pegged the combining of major crops at 99.2 per cent complete. That’s 22 and a half […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Stronger barley prices limit upside for feeder cattle complex

Feedlot operators make barley purchases, price feeder cattle accordingly

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Compared to last week, western Canadian yearling markets traded $2 higher to as much as $5 lower. A softer tone was noted on yearlings in the eastern Prairie regions. Calf prices were steady to $4 lower on average compared to seven days earlier. Quality yearling packages fresh off grass held value but backgrounded heavier replacements […] Read more
Photo: Thinkstock
Crops

Alberta harvest on the verge of completion

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MarketsFarm – Combining in Alberta is almost finished with the latest crop report indicating it’s at 96.3 per cent complete. The province’s Agriculture, Forestry and Rural Economic Development (AFRED) department noted that as of Oct. 4, the harvesting of all crops advanced nine points from the previous week due to dry weather. Of the 11 […] Read more
Barley. (Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Barley values steady, wheat rises

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MarketsFarm — As the harvest across most of the Prairies begins to wind down, price movement for feed barley has remained fairly stable, according to Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “October is getting covered is what’s happening. There’s not too much room left for October,” Harakal said, noting the midway […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Demand fears cause feeder cattle market volatility

Barley values continue upward

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Compared to last week, western Canadian yearling markets traded $4 higher to as much as $6 lower. Strength was noted in the eastern Prairie regions while the market was softer in Alberta. Western Canadian calves were extremely volatile, trading $5 higher to as much as $10 lower in some cases. It’s not uncommon for markets […] Read more

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