Alberta Archives - Page 39 of 114

File photo of beluga whales in Hudson Bay off Churchill, Manitoba. (Lynn_Bystrom/iStock/Getty Images)

Prairie Forecast: Large Hudson Bay low dominates

Forecast issued July 12, covering July 12-19

By Daniel Bezte, GFM Network News July 12, 2023

As the weather models correctly predicted, a large and extremely strong area of low pressure formed over Hudson Bay during the last forecast period, bringing the expected cool and unsettled weather to the eastern half of the Prairies. Over the western half of the Prairies a weak upper-level ridging brought, for the most part, sunny […] Read more

File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)

Beef Cattle, Livestock, Sheep/Goats

Alberta lifts feeder loan guarantee limit

Amendment boosts individual limit by 50 per cent

By Dave Bedard, GFM Network News July 12, 2023

Alberta has boosted the limit on the size of loan available under its Feeder Associations Loan Guarantee program, aiming to help producers keep up against rising livestock prices. An order in council amending the provincial Feeder Associations Guarantee Regulation was approved Monday, raising that program’s individual and joint-membership loan limit to $3 million, from $2 […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market consolidates at historical highs

Higher borrowing costs offset lower feed prices

By Jerry Klassen, GFM Network News July 11, 2023

For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. Larger groups of quality genetics were well bid while second tier cattle were marginally discounted off the highs. Some ranches are liquidating yearlings about one […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Weather, rising futures lift bids

Dry weather persisted for much of Prairies

By GFM Network News July 10, 2023

MarketsFarm — Dry weather for most of the Prairies, as well as rising wheat prices in the U.S., lifted western Canadian wheat bids, some to more than $400 per tonne, for the week ended July 6. With the exception of thunderstorms and sporadic precipitation in Alberta, dryness persisted across much of the Prairies, albeit with […] Read more

Barley, Corn, Crops, Markets

Feed weekly outlook: Falling corn prices not spurring new demand

Feed barley bids in Alberta, Manitoba up from month-ago

By GFM Network News July 6, 2023

MarketsFarm — Falling prices for U.S. corn futures on the Chicago Board of Trade (CBOT) are having little effect on shipments going to Alberta feedlots, according to one grain buyer. The September corn contract fell to its lowest price since January 2021 when it dropped to US$4.79 per bushel on Wednesday, before closing at US$4.8525/bu. […] Read more

Grey skies over the Alberta landscape, July 2023. (Geralyn Wichers photo)

General, Weather

Prairie Forecast: Big change in weather pattern

Issued July 5, covering July 5-12

By Daniel Bezte, GFM Network News July 5, 2023

Most people have been saying that June felt like July and the weather statistics agreed. Well, if the weather models are correct, it’s looking like July will feel more like June — at least for the next forecast period. Here is the big picture before we dive into the details for each of the three […] Read more

File photo of a potato field in Alberta’s Lacombe County. (COrthner/iStock/Getty Images)

Crops, Potatoes

Alberta potatoes chip in $2.9 billion for Canadian economy

New report verifies what many in industry suspected

By Jeff Melchior, GFM Network News July 4, 2023

Alberta’s potato industry is making a big impact — not just on that province but the entire country. A new report — dubbed a “landmark study” by the Potato Growers of Alberta — revealed the sector drove a total contribution of $2.87 billion to Canada’s economy in 2022. It also notes the nationwide creation of […] Read more

Finishers, Livestock, Markets

Klassen: U.S. feeder markets pull Canadian values higher

Feedlots aggressively seek U.S. corn

By Jerry Klassen, GFM Network News July 4, 2023

For the week ending July 1, western Canadian feeder markets traded $2-$5/cwt higher compared to seven days earlier. Quality groups of yearlings were up $8-$10/cwt from a week earlier. South of the border, major markets in Oklahoma had feeder steers and heifers trading US$5-$10/cwt above week-ago levels. The Canadian market is functioning to ration demand […] Read more

Mammatus-type clouds over Winnipeg on the evening of July 2, 2023. (Dave Bedard photo)

General, Weather

Prairie Forecast Update: Low lingers in Manitoba

Issued July 2, covering July 3 to 5

By Daniel Bezte, GFM Network News July 3, 2023

The overall forecast remains on track across both Alberta and Saskatchewan, so only a small update is needed for Manitoba. Across Manitoba, the area of low pressure that has been tracking across the northern half of the Prairie provinces is now forecasted to take a little longer to exit this region. The two main impacts […] Read more

MGEX September 2023 hard red spring wheat with 20-day moving average and K.C. September 2023 hard red winter wheat (orange line). (Barchart)

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Canadian bids drop with U.S. futures

Canadian dollar also down on week

By Phil Franz-Warkentin, GFM Network News June 30, 2023

MarketsFarm — Spring wheat bids in Western Canada dropped sharply during the week ended Thursday, as a selloff in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $23.50-$25.40 per tonne across the Prairies, according to price quotes from a cross-section of delivery points […] Read more

GFM Network News

U.S. to support soybean farmers amid China lag, expect news Tuesday, Bessent says

Media reports suggest U.S. dairy access to Canada a topic of conversation in Ottawa

U.S. livestock: Cattle choppy amid weak cash market, tight supply

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