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Chickpeas. (CalypsoArt/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Chickpea production expected up in 2021

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MarketsFarm — Following an expected 11.4 per cent drop in Saskatchewan’s chickpea harvest this year, provincial pulse specialist Dale Risula is expecting an increase in 2021. In Statistics Canada’s most recent field crop report, issued last week, chickpea production in Saskatchewan was estimated to have dropped from 224,600 tonnes in 2019 to 199,010 tonnes this […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Yearling markets mixed

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Compared to last week, yearling prices for western Canadian were down $2-$5 on average with the exception of southern Alberta where prices were relatively unchanged. Major feedlots in the Lethbridge area focused on local cattle which contributed to the firmer tone. Outside of Feedlot Alley, weakness in the deferred live cattle futures had buyers on […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids trend higher

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MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Friday, taking some direction from U.S. futures. Midweek strength in the Canadian dollar had pressured basis levels, but the currency retreated to be relatively unchanged on the week. Average Canada Western Red Spring (13.5 per cent protein) wheat prices were […] Read more
(File photo)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices gain strength

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MarketsFarm — Harvest activity in the western Canadian Prairies had depressed feed grain prices at the end of August, but prices have recovered slightly. “There’s been a bit of a break in harvest activity,” Allen Pirness of Market Place Commodities in Lethbridge said. Producers in southern Alberta had been harvesting barley at the end of […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Yearling market remains red hot

Barley harvest well underway in southern Alberta

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Compared to last week, western Canadian yearling prices were $2-$4 higher on average; however, in southern Alberta, yearlings traded $6-$8 above week-ago levels. A few auction barns in Alberta held their first feature sales of the fall run and buyers showed up with both hands. The quality of yearlings coming off grass is excellent and […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Gains for CWRS, CPSR as durum drops

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MarketsFarm — Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats the week ended Thursday. However, prices for Canada Western Amber Durum (CWAD) dropped. Support came from significant increases in Chicago, Minneapolis and Kansas City wheat futures, but a stronger Canadian dollar held back […] Read more
A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Grain prices soften into fall

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MarketsFarm — Old-crop feed grain prices are converging with new-crop and coming under some seasonal pressure. “As we get closer to new crop, we’ve been seeing the switch to new-crop prices from old-crop,” said Erin Harakal, a senior trader with Agfinity in Lethbridge. Feed barley prices are around $195-$200 per tonne delivered in the Lethbridge […] Read more

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