GFM Network News


Klassen: Adverse weather tempers feeder market

Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower. Excessive snow in Alberta and ongoing rains across Manitoba and Saskatchewan set a negative tone. The market appeared to incorporate a risk discount, although many auction barns had limited numbers on offer. Buyers once again focused on local cattle and avoided transportation over […] Read more



Hog market at seasonal lows, turnaround expected

MarketsFarm — The Canadian hog market may be at its seasonal lows, but tightening worldwide supplies should underpin values over the next few months. “We’re at a seasonal time of year when prices move lower,” said Brad Marceniuk, livestock economist with Saskatchewan Agriculture, pointing to higher U.S. slaughter numbers and a slowdown in North American […] Read more

Pulse weekly outlook: Pea harvest nearly complete

MarketsFarm — Canada’s pea crop is almost totally off the fields, but quality remains a question. “Farmers are wrapped up with harvesting right now, so we haven’t received many samples,” said Marcos Mosnaim of Globeways Inc. in Missisauga. The few samples the company has seen have shown good conditions, but it’s not a large enough […] Read more


Klassen: Feeder market experiences mixed tone

Compared to last week, western Canadian yearling prices traded $3-$5 on either side of unchanged. Auction market volumes are growing in Saskatchewan and Manitoba; however, central Alberta prices held a definite premium of $8-$10 over the eastern Prairie regions. Ontario orders are starting to surface in Manitoba but prices were out of reach with Alberta […] Read more

Pulse weekly outlook: Wrinkles, loss of colour problems for lentils

MarketsFarm — As Canada’s lentil harvest comes along slowly, issues with wrinkles and the loss of colour have arisen, according to Markus Mosnaim of Globeway Canada in Mississauga. Loss of colour in green lentils translates to a downgrade, he said. “It can drop to No. 2, depending on how much colour is lost.” Wrinkles, meanwhile, […] Read more