GFM Network News


Klassen: Yearling market remains red hot

Barley harvest well underway in southern Alberta

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




Klassen: Weaker fed cattle prices weigh on feeder market

Rain-soaked pens sidelined some Alberta feedlots

Compared to last week, western Canadian feeder cattle markets were relatively unchanged but a softer tone was noted in the non-major feeding regions. Most auction barns are in summer mode and the quality of feeders coming on the market is quite variable. However, at major centers in Alberta, healthy strings of yearlings were well bid […] Read more


India to let farmers sell produce directly to traders, retailers

Current system seen reducing farmer bargaining power

New Delhi | Reuters — India is to allow farmers to sell produce directly to bulk buyers such as trading companies, food processors and large retailers, the farm minister said on Wednesday. This would obviate the need for farmers to bring their produce to India’s more than 7,000 regulated wholesale markets and let buyers buy […] Read more



Whitewood Livestock returns to Pipestone, Man., this fall

Marketing: While futures markets may fluctuate, one constant is this family-owned operation

The upcoming year will be one for the record book at Whitewood Livestock Sales as preparations get underway for the September reopening of its affiliated market at Pipestone, Man., and to welcome Canada to the 21st annual Canadian Livestock Auctioneering Championships next May 11 at Whitewood, Sask. Market owner-operators, Rhett Parks and his dad, Gene, […] Read more

Cattle

Things I learned from auctioneers

Lee Hart gets an education from the Livestock Markets Association of Canada

Find me a microphone, a gavel, a cowboy hat and an unwanted emu and I might just become an auctioneer (The emu? Well, a person has to start somewhere.) This is my plan after recently being exposed to a major learning experience during the annual convention of the Livestock Markets Association of Canada (LMAC). This […] Read more



The Vold family had owned VJV Ponoka since 1957.

VJV consolidates under new management

The sale of one of Alberta’s pioneer country livestock markets of the 1950s, Vold, Jones & Vold Auction Co. (VJV) at Ponoka, has precipitated a shuffle in ownership of several markets over the past year. Last August, Henry and Andrea Thalen of Ponoka purchased the Ponoka and Dawson Creek markets from three generations of the […] Read more