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Tag Archives Alberta

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Crops, Markets, Spring Wheat

Prairie cash wheat: Spring wheat bids drop

Influx of cheap Russian wheat largely responsible for price declines

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MarketsFarm – Red spring wheat bids in Western Canada were down, while durum prices were mixed during the week ended May 25, after the release of bearish data. On May 23, Agriculture and Agri-Food Canada (AAFC) presented its monthly principal field crop report, which estimated 2023-24 wheat production (including durum) at 35.75 million tonnes. This […] Read more
File photo of a barley seedling. (SusanHSmith/iStock/Getty Images)
Barley, Corn, Crops, Markets

Feed weekly outlook: Rain falls, grain prices to follow

U.S. corn values expected to decline

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MarketsFarm — Feed grain prices in Western Canada are showing the usual seasonal weakness as spring seeding continues, but prices are set to fall further. “I think as we get going, (prices) are going to lower down quite a bit,” Mike Fleischhauer of Eagle Commodities Ltd. at Lethbridge said. “The corn market over the next […] Read more
Lentil plants in bloom. (BasieB/iStock/Getty Images)
Crops, Markets, Pulses, Weather

Pulse weekly outlook: Better growing conditions despite dryness, smoke

Continued smoky skies could slow crop development

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MarketsFarm — While dry conditions persist across the Prairies, the current situation for pulses is not as bad as during the two previous springs, according to Pulse Canada’s director of market access and trade policy. Mac Ross said dryness is largely evident across Western Canada and many crops are still below their five-year averages for […] Read more
CME October 2023 feeder cattle with 20-, and 100-day moving averages and May 2023 feeder cattle (black line). (Barchart)
Finishers, Livestock, Markets

Klassen: Weather forecasts underpin feeder market

High forage costs pose problem for cow-calf expansion

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For the week ending Saturday, western Canadian feeder cattle markets were relatively unchanged from seven days earlier. The finishing feedlot operator appears to be dominating the feeder market across all weight categories. Ontario interest was creeping all the way into Alberta, especially for Limousin-type genetics. There were limited numbers on offer in Manitoba and Saskatchewan […] Read more
Smoke rises from the southeast side of a wildfire being tackled by helicopters near Shining Bank, Alta., about 200 km west of Edmonton, on May 19, 2023. (Photo: Alberta Wildfire/Handout via Reuters)
General, Weather

Prairie Forecast Update: A few small tweaks

Update issued May 21, 2023, covering May 21-24, 2023

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The weather models are continuing to do a good job with the short- to medium-range forecasts, but there have been a couple of small changes that have been slowly working into the forecast. Weak troughing off the West Coast is still forecasted to kick off the development of a leeside low in Alberta. This low […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Barley market steady for now

Feedlots still importing U.S. corn

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MarketsFarm — Feed barley bids in Western Canada continue to hold steady, while attention in the market turns to the new crop going into the ground. “There currently is an uptick in demand for quick movement presenting good opportunities for producers ready to sell,” Alberta grain brokerage Agfinity said in a note to clients. “However, […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids soften

Chicago, Minneapolis wheats down on week

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MarketsFarm — Spring wheat bids in Western Canada softened during the week ended Thursday, as the bearish influence of the extended Black Sea Grain Initiative more than countered any support from poor winter wheat production prospects in the U.S. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3.60-$6.70 […] Read more
Smoke from active wildfires in Alberta’s north and west hangs over Calgary on May 16, 2023. (Photo: Reuters/Leah Hennel)
Livestock, Reuters, Weather

No respite expected for wildfire-hit Alberta

Forecasts call for fire conditions to worsen

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Ottawa | Reuters — Abnormally hot and dry weather is set to return to Alberta on Thursday after a couple of cooler days helped calm wildfires that have forced thousands of evacuations in the province. Record-high temperatures and tinder-dry vegetation have led to an intense, early start to wildfire season in Western Canada this year. […] Read more

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