Alberta Archives - Page 81 of 117

Klassen: Feeder cattle markets experience volatility

Beef prices encourage slaughter pace

By Jerry Klassen, GFM Network News April 21, 2021

Compared to the previous week, western Canadian feeder cattle markets traded $3-$4 on either side of week-ago levels. Prices were quite variable across the Prairies with four main factors influencing buyer sentiment. First, the eastern Prairie regions experienced adverse winter weather. Auction barns in Manitoba and eastern Saskatchewan had smaller volumes on offer. Buyers shied […] Read more

Crops, Markets

More flax expected in 2021

More acres predicted, but how many more?

By GFM Network News April 20, 2021

MarketsFarm — Flax prices in Western Canada have remained strong and are down little off their recent highs, according to Scott Shiels of Grain Millers Canada Corp. at Yorkton, Sask. Shiels believes those good prices will lead producers to plant more acres of flax this spring — but not the 22 per cent hike to […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids soar after weather events

U.S. May wheat futures up on week

By GFM Network News April 17, 2021

MarketsFarm — Cash bids for Prairie wheat jumped as wintry weather made its way across the Prairies and U.S. northern Plains during the week ending Thursday. Wheat futures in the U.S. rose due to spillover from soybeans. However, a stronger Canadian dollar tempered Prairie wheat prices. Manitoba and Saskatchewan, as well as Montana, North Dakota […] Read more

Crops, Weather

Prairies hit hard by drought

Parts of south-central, southwestern Manitoba among driest

By GFM Network News April 10, 2021

MarketsFarm — A new nationwide drought map released by Agriculture and Agri-Food Canada’s Canadian Drought Monitor (CDM) shows just how dry conditions are in the Prairies, especially in Manitoba and Saskatchewan. Areas in southern Manitoba and southern Saskatchewan have experienced at least six months of drought conditions, according to CDM’s drought assessment as of March […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Finishers, Livestock, Markets

Klassen: Feeder market digests USDA acreage report

By Jerry Klassen, GFM Network News April 6, 2021

Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Lower flesh yearlings appeared to trade $2-$3 higher in certain pockets of Alberta but replacements carrying excessive butter experienced severe discounts of $6 to as much as $10 in some cases. October and December live cattle futures made fresh contract highs, which underpinned […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market exhibits defensive tone

By Jerry Klassen, GFM Network News April 1, 2021

March 30 — Compared to the previous week, western Canadian feeder cattle markets traded steady to $3 lower on average. Alberta packers were buying fed cattle on a dressed basis in the range of $245-$249 delivered, down from the average value of $250 seven days earlier. Deteriorating feeding margins set a negative tone for the […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids mixed with falling futures, weaker loonie

By GFM Network News March 27, 2021

MarketsFarm — Bids in Western Canada were mixed this week for Canada Western Red Spring (CWRS) wheat and steady to lower for Canada Prairie Spring Red (CPSR) and durum (CWAD). Lower prices in U.S. wheat markets weighed on values, while a weaker Canadian dollar provided support. Average CWRS (13.5 per cent protein) wheat prices were […] Read more

General, Machinery, Reuters, Weather

Top court upholds federal carbon pricing policy

Farm groups, fearing unsustainable costs, press for next steps

By GFM Network News March 26, 2021

Calgary/Ottawa | Reuters — Canada’s Supreme Court ruled in favour of the federal government’s carbon pricing policy on Thursday, upholding a central pillar of Prime Minister Justin’s Trudeau’s climate plan and infuriating some provinces that opposed it. The country’s top court said climate change is a threat to Canada as a whole and upheld the […] Read more

Production is being fine-tuned at Roquette’s pea processing plant near Portage la Prairie. (Photo courtesy Roquette Canada)

Crops, Markets, Peas

Pulse weekly outlook: Roquette pea plant readying for full operation

By GFM Network News March 26, 2021

MarketsFarm — Operations at the Roquette pea processing plant just west of Portage la Prairie, Man. have been underway since the end of 2020, according to Michelle Finley of Roquette Canada. The company is working toward full operation at the world’s largest pea plant by early 2022, she said. “To date we have picked up […] Read more

Barley, Crops, Markets

Feed weekly outlook: Prices to remain strong in spring

By GFM Network News March 25, 2021

MarketsFarm — Higher prices for feed grains in Western Canada are expected to stay that way, according to a trader in Alberta. Erin Harakal, senior trader for Agfinity at Stony Plain, Alta., said factors such as increased demand overseas and depleted domestic stocks will continue to keep prices elevated for feed grains. While she doesn’t […] 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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