(Photo courtesy Canada Beef Inc.)

Klassen: Rains enhance demand for grass cattle

Deferred cattle futures showing strength

Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged; steer calves under 700 lbs. were steady to $2 higher on average; heifer calves were steady to $5 higher. Southern Alberta, along with the western half of Alberta, received 30-40 mm of rain over the week which enhanced demand for […] Read more



(Government of Alberta via Flickr)

Rains bring much-needed moisture to Alberta’s south

MarketsFarm — Rains across southern and central regions of Alberta were both much-needed and well-received during the week ended Tuesday. Both regions received 20 to 50 millimetres of precipitation, according to the province’s weekly crop report released Friday. The amount of rain that fell onto the south region was equivalent to the amount of precipitation […] Read more

(Dave Bedard photo)

Drought worsens in Alberta, but eastern Prairies wet

MarketsFarm — Highly varied precipitation across the Canadian Prairies in May saw drought conditions worsen in southern Alberta while parts of Manitoba and Saskatchewan were becoming too wet, according to the latest federal Drought Monitor report. The report, released by Agriculture and Agri-Food Canada (AAFC) for the period ended May 31, showed that overall, 19 […] Read more


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prices slip slightly

MarketsFarm — There has been scant movement in feed grain prices over the last week, according to Susanne Leclerc of Market Master Ltd. in Edmonton, who noted demand has backed off a little. Buyers have stepped away following rains throughout much of the province, including the drought-stricken south. In turn, she said, prices “softened slightly.” […] Read more






(Creativex/iStock/Getty Images)

Environment Canada sees cool summer for Manitoba

MarketsFarm — Manitoba and eastern Saskatchewan could be in for a cooler-than-normal summer, according to the latest long-range outlook from Environment Canada. The latest seasonal forecast from the government agency, released Tuesday, calls for a 40 to 80 per cent chance of below normal temperatures from June through August across all of the agricultural regions […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Steady demand supports feeder cattle prices

Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Weakness in deferred live cattle futures and uncertainty in the feed grain market tempered the upside for all weight categories of replacement cattle. Alberta packers were buying fed cattle on a dressed basis in the range of $288-$290 delivered, steady to $2 lower […] Read more