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(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids mixed, watching futures and currency

U.S. wheat futures down on week

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MarketsFarm — Wheat bids across Western Canada were mixed during the week ended Thursday, as losses in U.S. futures were countered by the supportive influence of a weaker Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $5.20-$10.10 per tonne, according to price quotes from a cross-section […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market making seasonal lows

Surge of Canadian cattle exports expected

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Compared to last week, western Canadian feeder markets were down $2-$4 on average. Prices for feeder cattle in the eastern Prairie regions were relatively unchanged from seven days earlier; however, values in Alberta and western Saskatchewan were down $4 to as much as $8 in some cases. This variation made the market hard to define. […] Read more
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Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Red springs rising, durum retreats

U.S. wheat futures up on week

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MarketsFarm — Cash bids on the Prairies climbed higher for Canada Western Red Spring Wheat (CWRS) and Canada Prairie Spring Red (CPSR) wheats, but those for Canada Western Amber Durum (CWAD) incurred sharp decreases. Gains in most U.S. wheat markets led to the increases on the Prairies, which were also aided by a weaker Canadian […] Read more
MGEX December 2021 wheat (candlesticks) with 20- and 50-day moving averages (yellow and dark green lines). (Barchart)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Falling Minneapolis futures weigh on Prairie bids

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MarketsFarm — A sharp drop in Minneapolis spring wheat futures weighed on cash wheat bids across the Prairies during the week ended Thursday, but declines in the Canadian dollar provided some support and helped temper losses somewhat. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $7.60-$11.60 per tonne, […] Read more
Federal Agriculture Minister Marie-Claude Bibeau (second from left) and Nate Horner (right), her Alberta counterpart, during a tour of Olds College’s Smart Farm on Thursday. (Photo: Olds College/Sergei Belski, www.oldscollege.ca)
Livestock, Weather

Alberta looks for feed, Ottawa promises cash for B.C.

Alberta to help with veterinary testing after B.C.'s lab flooded, Alberta ag minister says

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Even though supplies are low because of drought, Alberta is looking for feed to send to B.C. livestock producers, while Ottawa will provide emergency financial assistance to farmers dealing with flooding and closed roads in the hard-hit province. “We’ve been working with the B.C. department of agriculture,” Alberta Agriculture Minister Nate Horner said during a […] Read more
Farmers and community members help to rescue stranded cattle from a farm at Abbotsford, B.C. on Nov. 16, 2021, after rainstorms caused flooding and landslides in the area. (Photo: Reuters/Jesse Winter)
Dairy Cattle, Livestock, Weather

Road closures mean disposal for B.C. milk

Dairy farmers in Kootenays can still move milk east to Alberta

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Many of British Columbia’s dairy producers can expect to have to dump raw milk for the near future as highways and other roads are rendered impassable. The B.C. Milk Marketing Board on Tuesday said milk won’t be picked up until further notice in several areas where roads are closed and/or trucks can’t enter the Lower […] Read more
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Finishers, Livestock, Markets

Klassen: Feeder market continues downward slide

Prairies' snowstorm leads to risk discount

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Compared to last week, western Canadian yearling prices were steady to $2 lower; calves traded $2-$4 below week-ago levels. Saskatchewan and Manitoba experienced their first major snowstorm of the season last week. The market tends to incorporate a risk discount for adverse weather as buyers factor in higher death loss. Also, major feedlot operators believe […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Bids jump after USDA projects cuts

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MarketsFarm — A larger-than-expected cut in the U.S. Department of Agriculture’s (USDA) latest supply and demand forecast, plus rising wheat futures in anticipation of tighter worldwide supply, led to higher bids for western Canadian wheat for the week ended Thursday. USDA on Tuesday trimmed world wheat ending stocks to 275.8 million tonnes, down 1.38 million […] Read more
UFCW Local 401 board member and Cargill employee Joseph Kog (l) and Local 401 president Thomas Hesse with their strike notice on Nov. 10, 2021. (GoUnion.ca)
Beef Cattle, Livestock

Cargill beef plant workers serve strike notice

Without a deal, High River workers will walk Dec. 6

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Unionized workers at Cargill’s cattle slaughter and processing plant at High River, Alta. will start strike action next month unless a deal can be reached with the company, their union said Wednesday. A strike would begin at High River no sooner than Dec. 6 at 12:01 a.m. if a new collective bargaining agreement isn’t reached […] Read more

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