Alberta Archives - Page 51 of 114

File photo of Rabobank’s office building in Utrecht. (Rabobank.com)

Rabobank to offer Canadian farm-level lending

Dutch co-operative bank's Canadian arm to loan directly to farmers, starting on Prairies

By Dave Bedard, GFM Network News January 13, 2023

Updated — A global financing firm operating at higher altitudes in Canada’s food and agrifood sector now plans to expand its business down to the farm and ranch level. The Canadian arm of Rabobank — an Amsterdam-based farmer co-operative lender, providing banking, leasing and real estate services in more than 38 countries — announced Tuesday […] Read more

CBOT March 2023 oats with 20- and 100-day moving averages. (Barchart)

Crops, Markets, Oats

Oats face an uncertain year

Reduced acres expected in 2023

By GFM Network News January 13, 2023

MarketsFarm — When comparing oat prices at the start of 2023 compared to one year ago, they appear to be night and day. Despite modest price increases over the past month, some western Canadian oat bids are less than half of what they were last year. In Alberta, the high-delivered bid for oats as of […] Read more

Cereals, Corn, Crops, Markets

Feed weekly outlook: Corn imports still weigh on domestic feed market

By Phil Franz-Warkentin, GFM Network News January 11, 2023

MarketsFarm — Ample corn imports from the U.S. continue to keep the western Canadian feed grain market under pressure, with barley bids in Lethbridge trending lower through the early days of 2023. “We started the year with cash barley trading at roughly $450 (per tonne) in Lethbridge, it’s since declined to roughly $435,” said Jim […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market looks upward

Quality of available cattle contributes to volatility

By Jerry Klassen, GFM Network News January 10, 2023

Western Canadian feeder cattle prices were quite variable. Compared to three weeks ago, Alberta prices were steady to $2/cwt higher while in Saskatchewan, prices were $8-$10/cwt higher on average with lighter-weight cattle jumping as much as $15. For example, in central Alberta, higher-quality 800-lb. steers were trading from $230 to $235 and 600-pounders were valued […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids lower as futures take a hit

CWRS values mixed; CPSR and durum down

By GFM Network News January 7, 2023

MarketsFarm — Coming out of the holiday season, most western Canadian wheat bids were slightly lower for the week ended Thursday, as wheat futures in the U.S. continued to be bearish. U.S. wheat exports continue to fall behind last year’s pace, as cheaper Russian wheat floods the market due to a potential record crop and […] Read more

Barley, Crops, Markets

Feed weekly outlook: Little price movement for feed grains

By GFM Network News January 6, 2023

MarketsFarm — With the holiday season come and gone, feed grain buyers were getting back into the swing of things at the start of 2023, according to one trader. “I think January will probably fill up pretty quickly as we’re in the first week of January and we’ve been booked into January for a bit,” […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market to start 2023 on firm tone

Counter-seasonal behaviour expected

By Jerry Klassen, GFM Network News January 3, 2023

There were no market reports last week due to the holiday season; however, I still received a few calls from cattle producers regarding the feeder market outlook for the first quarter of 2023. The feeder market finished 2022 at 52-week highs. Steers averaging 500 lbs. were readily trading over the psychological $300 level while 900-lb. […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids lower despite supportive factors

March CBOT, K.C. wheats up on week

By GFM Network News December 31, 2022

MarketsFarm — Despite concerns related to cold weather in the U.S., war in Ukraine and rising numbers of COVID-19 infections in China, most western Canadian wheat bids were lower for the week ended Thursday. Profit-taking in wheat futures was evident on the Chicago Board of Trade (CBOT), as March contracts for both Kansas City hard […] Read more

Grain bins in a Saskatchewan field. (MysticEnergy/iStock/Getty Images)

Crops, Markets

Feed weekly outlook: Grain, price movement ongoing over holidays

Colder weather stymies deliveries

By GFM Network News December 31, 2022

MarketsFarm — With the Christmas break come and gone, more grain is being delivered to feedlots, according to one Lethbridge trader. Mike Fleischhauer of Eagle Commodities Ltd. said that despite the holiday season, in which lighter activity is expected, there was still some movement in feed grain prices. Wheat and barley were both valued at […] Read more

CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Finishers, Livestock, Markets

Klassen: Historically high deferred live cattle futures support feeder complex

By Jerry Klassen, GFM Network News December 29, 2022

Compared to last week, western Canadian feeder cattle markets traded $2 lower to $4 higher on average. Many auction barns were on holidays last week; therefore, the buying interest appeared to be more concentrated on the major markets. There were no reports from Manitoba last week. Alberta packers were buying fed cattle on a dressed […] Read more

GFM Network News

Association of Equipment Manufacturers sets up lobby in Ottawa

Corteva to split seeds, pesticide units into separate listed companies

Prairie spring wheat bids soften with U.S. futures

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