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Tag Archives Alberta

(File photo courtesy Canada Beef Inc.)
Livestock, Weather

Initial drought list ready for 2022 livestock tax deferrals

Much of Manitoba, southern Alberta designated for 2022

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Many of the Prairie livestock producers forced by drought to make “difficult herd management decisions” in the 2022 income tax year are now eligible to defer the taxable income from those decisions. Federal Agriculture Minister Marie-Claude Bibeau on Tuesday released the initial list of designated regions in Alberta, Manitoba and Saskatchewan where livestock tax deferral […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder markets digest StatCan data

Barley crop expected up 34 per cent on year

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Compared to last week, western Canadian yearling markets traded steady to $2 higher. Yearling prices have strengthened by $8-$10 over the past four weeks. Calf values were relatively unchanged but the market was hard to define due to limited volumes. Alberta packers were buying on a dressed basis from $300 to $302 delivered, up $1-$2 […] Read more
File photo of a sunrise over an Alberta barley crop. (MNphotography/iStock/Getty Images)
Barley, Crops, Markets

Feed weekly outlook: Barley harvest begins in Alberta

Prices continue easing

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MarketsFarm — The barley harvest has already started in Alberta and prices continue to ease downward, according to one trader. “Around Lethbridge, they seem to have a good portion done,” said Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta. “Some areas in the north are starting, as well. The Edmonton area, Red […] Read more
Stuart Chutter, product coordinator for Alberta’s Agriculture Financial Services Corporation (AFSC), says research has shown the leading factor to reducing the risk of yield loss on the farm is high soil organic matter. One day, crop insurance rates may reflect that.
News

What’s the relationship between soil organic matter and crop insurance?

Adjusting insurance premiums based on soil quality factors is an idea now being discussed

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This is all just in the thinking stage right now, but the day may come when farms that can demonstrate production practices that maintain high levels of soil organic matter may qualify for reduced crop insurance premiums. It is a concept being pondered right now by Alberta’s crop insurance agency, the Agriculture Financial Services Corporation […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Bids fall sharply lower

U.S. wheat futures, Canadian dollar down on week

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MarketsFarm — Spring wheat bids in Western Canada dropped sharply lower during the week ended Thursday, as losses in U.S. futures weighed on values. Increased grain movement out of Ukraine, as more vessels were finally shipping corn and wheat out of Black Sea ports, contributed to the selling pressure in the futures that spilled into […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Prairie markets hold firm ahead of harvest

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MarketsFarm — The feed grain market in Western Canada is holding steady for the time being, with both buyers and sellers keeping to the sidelines ahead of the harvest. “So far we haven’t seen the harvest pressure we would normally expect,” said grain trader Matt Beusekom of Market Place Commodities in Lethbridge. Feedlots were still […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Bids show some strength

U.S. wheat futures, loonie up on week

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MarketsFarm — Spring wheat bids in Western Canada moved higher during the week ended Thursday, taking back most of the losses from the previous week as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $12-$15.50 per tonne during the week ended Thursday, […] Read more

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