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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
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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
Oat crops topped out at 81 per cent good to excellent in Alberta. Photo: iStock
Crops

Alberta crops improve tremendously over last year 

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Crops in Alberta remain in good shape as the latest crop report noted all crops across the province are 72 per cent good to excellent. That’s a huge improvement compared to this time last year when drought pushed crops down to 20 per cent good to excellent. Rain, especially in June proved to be very […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market experiences calm before upcoming storm

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Compared to last week, western Canadian feeder cattle markets traded $2-$4 on either side of unchanged. Once again, overall volumes were limited, with small strings and singles moving through auction barns. The quality was quite variable and offbeat stragglers were quite common. Buyers incorporate a risk discount on these cattle; therefore, prices do not represent […] Read more
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Crops, Markets, Spring Wheat

Prairie cash wheat: Bids mixed to lower

U.S. wheat futures up on week

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MarketsFarm — While wheat futures on the Chicago Board of Trade (CBOT) were higher after hitting low points, bids for Western Canadian wheat were mixed to lower for the week ended Thursday. The Canadian dollar gained ground against a weakening U.S. greenback, moving up by more than one U.S. cent. The loonie spent the week […] Read more

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