(Canada Beef Inc. photo)

Klassen: Strong beef prices spill over into feeder market

U.S. wholesale beef prices surged higher this past week as stronger retail and restaurant demand absorbed the larger beef stocks in storage. Alberta packers’ average purchase price was $202.50 and with pen break-even closeout prices near $188, the healthy margin structure renewed buying confidence in the feeder market. All weight categories experienced a stronger tone, […] Read More


Arrest made in alleged Alberta hay fraud

A Lethbridge businessman is due in court next month to answer to charges that a Taber, Alta.-area farm business was defrauded out of six figures’ worth of hay. The Taber Police Service said Friday it had completed a “lengthy investigation” into allegations of fraud in which hay was obtained “under false pretenses” from a local […] Read More

FOB Gulf Grain-Corn, soy offers flat in muted pre-holiday trade

May 22 (Reuters) – Export premiums for corn and soybeans shipped from the U.S. Gulf Coast were mostly steady on Friday in quiet dealings ahead of an extended holiday weekend in the United States, Europe and in several other countries, traders said. * U.S. wheat export premiums were mostly steady to firm, with soft red […] Read More

GRAINS-Soy, corn, wheat tumble as dollar firms before long weekend

(Updates U.S. market activity to close) By Michael Hirtzer CHICAGO, May 22 (Reuters) – U.S. grains and oilseeds fell more than 1 percent on Friday, with soybeans tumbling to the lowest levels since October in a broad commodities selloff as the dollar rallied against a basket of global currencies. Soybeans, corn and wheat each reversed […] Read More

(Bruce Fritz photo courtesy ARS/USDA)

Sunflowers off to good start in Manitoba

CNS Canada – Manitoba’s sunflower crop is off to a good start this year, having largely missed out on any damage from adverse weather over the May long weekend. “We had a good early start (to spring seeding) in the eastern part of the province and things went into some nice warm ground,” said Troy […] Read More

Canadian forex review: C$ ends sharply weaker

By Commodity News Service Canada WINNIPEG, May 22 – The Canadian dollar closed sharply lower against its US counterpart Friday, reacting to disappointing Canadian economic data, and robust US inflation figures, analysts said. Statistics Canada said the consumer price index rose 0.8 per cent in the 12 months to April, the smallest increase since October […] Read More