Alberta Archives - Page 76 of 117

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Feed weekly outlook: No surprises in latest barley numbers

By GFM Network News August 26, 2021

MarketsFarm — Following the release of monthly supply and demand estimates from Agriculture and Agri-Food Canada (AAFC) Thursday, Brandon Motz of CorNine Commodities at Lacombe, Alta. wasn’t surprised at how low the numbers dropped, particularly for barley. Motz commented the harvest hasn’t been as good as initially thought, noting the AAFC report confirmed the situation […] Read more

Livestock, Markets

Klassen: Higher input costs limit upside for feeder cattle market

By Jerry Klassen, GFM Network News August 25, 2021

Compared to last week, Western Canadian yearling prices were quite variable trading $5 higher to as much as $6 lower. Calf prices have been consolidating over the past couple weeks and once again traded $3 to $4 on either side of unchanged. Strong demand was evident for 800-pound-plus yearlings fresh off grass. Feedlots in the […] Read more

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: New crop expected to stabilize feed prices

Drought will drag Prairies' yields much lower

By GFM Network News August 19, 2021

MarketsFarm — New crop is starting to make its way into feed grain bins as the annual harvest gets underway in Alberta. However, due to the drought conditions which have enveloped Western Canada, yields will be much lower than normal. “(The yields are) generally lower than expected and (there’s been) some disappointment,” said Allen Pirness, […] Read more

Finishers, Livestock, Markets

Klassen: Strong demand underpins yearling market

Western Canada will be seeking U.S. corn

By Jerry Klassen, GFM Network News August 17, 2021

Compared to last week, western Canadian yearling prices were unchanged to as much as $4 higher in some cases; calf markets traded $2-$3 on either side of unchanged as prices were quite variable across the Prairies. Major feedlot operators were extremely aggressive for yearlings. Larger groups of one-cut cattle were very well bid. April live […] Read more

Cattle graze near Dauphin, Man. in late July. (Manitoba Co-operator photo by Alexis Stockford)

Livestock, Weather

Feds lock in AgriRecovery funds before election call

Ottawa's pledged share now up to $500 million

By Dave Bedard, GFM Network News August 16, 2021

Just hours ahead of a federal election call, the federal government has committed $500 million to cover its share of federal/provincial AgriRecovery support plans for drought-hit farmers across Canada’s West. Shortly before Prime Minister Justin Trudeau’s visit Sunday to Rideau Hall seeking the dissolution of Parliament for a federal election, Agriculture Minister Marie-Claude Bibeau confirmed […] Read more

Crops, Markets

Alberta reckons with poor quality, low crop yields

By GFM Network News August 13, 2021

MarketsFarm – Crops in Alberta will not only have much lower yields than in previous years, but good quality crops will be harder to find. Provincial crop condition ratings declined over the past two weeks, according to the Province of Alberta’s biweekly crop report as of Aug. 10, which was released three days later. Only […] Read more

Crops, Markets

Pulse weekly outlook: Harvesting begins for Alberta pulses

By GFM Network News August 11, 2021

MarketsFarm – After a hot and dry summer which scorched all of Western Canada, pulses are ready to come off the fields in Alberta. “The south is going pretty strong. South of Calgary is already pretty much done on peas. Quite a bit of lentils would be done already, too,” said Alberta Pulse Growers chair […] Read more

Beef Cattle, Livestock, Markets

Klassen: Drought conditions spur on fall cattle run

By Jerry Klassen, GFM Network News August 3, 2021

Compared to last week, Western Canadian feeder yearling prices were relatively unchanged; calves traded $2 to $5 lower. The fall run has started. Drought like conditions have caused many ranchers to sell cattle 30 to 45 days earlier than normal. Steers averaging 900 pounds were readily trading in the range from $185 to $190; steers […] Read more

Alberta’s barley harvest this year is expected to be ‘fairly light,’ according to one commodity trader. Photo: File

Cereals, Markets

Feed weekly outlook: Reduced yields starting to become a reality

By GFM Network News July 30, 2021

MarketsFarm – As old crop stocks of feed barley and feed wheat continue to dwindle, the realization of reduced yields is now supporting bids for new crop. “Down here, there are a few guys that are starting to pull off some barley here in the next little bit. You’re going to find that the barley […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feed barley rally pressures feeder cattle market

By Jerry Klassen, GFM Network News July 27, 2021

Compared to last week, Western Canadian yearling steers traded $4 to $8 lower while heifers were down $2 to $4. Calves traded $5 to as much as $10 below week-ago levels. Feed barley in the Lethbridge area traded in the range of $390/tonne to as high as $415/tonne, up $25-$30/tonne from seven days earlier. Crop […] Read more

GFM Network News

U.S. grains: Corn, soybeans recover from 3-month low on technical bounce

U.S. livestock: Cattle futures retreat on profit taking

ICE Weekly: All eyes on Carney in China

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