(Photo courtesy Canada Beef Inc.)

Klassen: Stronger barley prices limit upside for feeder cattle complex

Feedlot operators make barley purchases, price feeder cattle accordingly

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

Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Barley values steady, wheat rises

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


(Thinkstock photo)

Prairie cash wheat: Weaker loonie underpins bids

U.S. wheat futures down on week

MarketsFarm — Spring wheat bids in Western Canada strengthened during the week ended Thursday, as sharp declines in the Canadian dollar boosted basis levels and more than made up for the bearish influence of softening U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $4.10-$5.40 per tonne […] Read more

(DusanPetkovic/iStock/Getty Images)

Saskatchewan, Manitoba to boost vet college seat quotas

Each province adding five subsidized seats at WCVM

Updated, Sept. 30 — With livestock producers’ needs at top of mind, 10 more student seats at the Western College of Veterinary Medicine at the University of Saskatchewan will be spoken for starting next year. The college and the Saskatchewan and Manitoba governments on Thursday announced the two provinces will each step up their funding […] Read more


(File photo)

Manitoba to cut Crown forage lease rates

Previous years' forage conditions a factor, province says

The rents paid by Manitoba producers using Crown lands to produce perennial forages will be cut in half next year and by smaller amounts the following two years. Provincial Ag Minister Derek Johnson on Wednesday announced the forage lease rent on agricultural Crown land will be reduced by 50 per cent in 2023, 33 per […] Read more

(Thinkstock photo)

Prairie cash wheat: External factors raise bids

U.S. wheat futures gain on the week

MarketsFarm — Despite the usual harvest pressures, western Canadian wheat bids jumped during the week ended Thursday, largely due to geopolitical and macroeconomic factors. The U.S. Federal Reserve on Wednesday again raised its key interest rate to combat rising inflation — this time a 75 basis point increase, to 3.25 per cent. The rate hike […] Read more


Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)

Feed weekly outlook: Good grain yields seen in Saskatchewan, Manitoba

MarketsFarm — Despite delays in the ongoing barley and wheat harvests across the eastern Prairies, early indications have suggested healthy amounts of grain production. “Eastern Saskatchewan and Manitoba still have a bit of harvest to go, but generally the yields are good,” Glen Loyns, general manager of JGL Commodities at Moose Jaw, Sask., said. “Quality […] Read more

File photo of black beans. (Nhattienphoto/iStock/Getty Images)

Pulse weekly outlook: Manitoba peas, dry beans showing good results

Early harvests show some 'exceptional' bean yields

MarketsFarm — Harvests of Manitoba’s two major pulse crops are already seeing high yields, according to Manitoba Pulse and Soybean Growers (MPSG) executive director Daryl Domitruk. Despite a wide range of results across the province, Domitruk added that dry field pea yields were respectable in many places and excellent in others, marking a successful harvest […] Read more


(File photo by Dave Bedard)

Manitoba pork industry grows despite ‘uncertainty’

Bacon plant, breeding facility show sector strength

MarketsFarm — The current state of Manitoba’s pork industry is evident in a pair of large investments within the sector, according to the general manager of Manitoba Pork. Cam Dahl, who was named GM of the provincial pork organization in February last year after previously working for Manitoba Beef Producers and Cereals Canada, cited two […] Read more

MGEX December 2022 spring wheat (candlesticks) with K.C. December 2022 hard red wheat (yellow line) and CBOT December 2022 soft red wheat (orange line). (Barchart)

Prairie cash wheat: Bids move higher

U.S. wheat futures gain on week

MarketsFarm — Spring wheat bids in Western Canada strengthened during the week ended Thursday, as gains in U.S. futures and weakness in the Canadian dollar provided support. The advances came despite seasonal harvest pressure and an upward revision to Statistics Canada’s production estimate for the country’s spring wheat crop. Average Canada Western Red Spring (CWRS, […] Read more