Alberta Archives - Page 86 of 114

Feed weekly outlook: Prices gain strength

By GFM Network News September 3, 2020

MarketsFarm — Harvest activity in the western Canadian Prairies had depressed feed grain prices at the end of August, but prices have recovered slightly. “There’s been a bit of a break in harvest activity,” Allen Pirness of Market Place Commodities in Lethbridge said. Producers in southern Alberta had been harvesting barley at the end of […] Read more

Finishers, Livestock, Markets

Klassen: Yearling market remains red hot

Barley harvest well underway in southern Alberta

By Jerry Klassen, GFM Network News September 2, 2020

Compared to last week, western Canadian yearling prices were $2-$4 higher on average; however, in southern Alberta, yearlings traded $6-$8 above week-ago levels. A few auction barns in Alberta held their first feature sales of the fall run and buyers showed up with both hands. The quality of yearlings coming off grass is excellent and […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Gains for CWRS, CPSR as durum drops

By GFM Network News August 28, 2020

MarketsFarm — Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats the week ended Thursday. However, prices for Canada Western Amber Durum (CWAD) dropped. Support came from significant increases in Chicago, Minneapolis and Kansas City wheat futures, but a stronger Canadian dollar held back […] Read more

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

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Grain prices soften into fall

By GFM Network News August 28, 2020

MarketsFarm — Old-crop feed grain prices are converging with new-crop and coming under some seasonal pressure. “As we get closer to new crop, we’ve been seeing the switch to new-crop prices from old-crop,” said Erin Harakal, a senior trader with Agfinity in Lethbridge. Feed barley prices are around $195-$200 per tonne delivered in the Lethbridge […] Read more

ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: How long can canola rally last?

By GFM Network News August 27, 2020

MarketsFarm — Canola on ICE Futures has continued to push higher over the last week largely due to the growing strength in soyoil on the Chicago Board of Trade. “We got soyoil at a seven-month high and that’s certainly a supportive factor in continuing to underpin our market,” said Keith Ferley, a trader with RBC […] Read more

Finishers, Livestock, Markets

Klassen: Yearling prices on fire

Canada's cattle herd remains in contraction stage

By Jerry Klassen, GFM Network News August 25, 2020

Compared to last week, yearlings coming off grass traded $3-$5 higher; backgrounded yearlings were $1-$3 higher on average while calf markets were relatively unchanged. February and April live cattle futures closed marginally lower for the week; however, fed cattle basis levels from U.S. packers are very strong for winter and spring. This appears to be […] Read more

A Meta Cannabis retail store on Yonge Street in Toronto. (CNW Group/Meta Growth)

Crops

Canadian cannabis retailers poised to merge

High Tide, Meta Growth to create biggest weed retailer

By Dave Bedard, GFM Network News August 22, 2020

Two major Canadian cannabis sellers are poised to create the largest pot retailer in the country by revenue. Calgary retailer High Tide Inc., which operates the Canna Cabana chain of stores in three provinces, announced a merger deal Friday to take up Toronto-based Meta Growth Corp., which runs the Meta Cannabis and NewLeaf Cannabis chains. […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Increases for CWRS and CPSR, durum steady

By GFM Network News August 21, 2020

MarketsFarm — Cash wheat bids in Western Canada continued to build this week, on momentum from the previous week. Canada Western Red Spring (CWRS) and Canada Prairie Red Spring (CPRS) wheats saw price increases for the week ended Thursday. Meanwhile, prices for Canada Western Amber Durum (CWAD) held steady. Support came from increases in Chicago, […] Read more

Hogs, Livestock

Olymel’s Red Deer plant holds at one COVID case

Pork plant employee's contacts returning to work

By Dave Bedard, GFM Network News August 21, 2020

A production line employee at Olymel’s hog slaughter plant at Red Deer, Alta. remains the facility’s lone COVID-19 case after her contacts at the plant tested negative for the virus, the company says. Olymel, the meat packing arm of Quebec ag co-operative Sollio, confirmed the lone COVID-19 case at its Red Deer site on Aug. […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Barley, Crops, Markets

Feed weekly outlook: Early harvest pressures Alberta prices

By GFM Network News August 20, 2020

MarketsFarm — Feed prices in Alberta took something of a tumble this week, Allen Pirness of Market Place Commodities in Lethbridge reported. Feed prices in Manitoba and Saskatchewan, meanwhile, were steady. “Six weeks ago we were seeing harvest, at best, at the end of August. With the heat wave that’s been upon us the last […] Read more

GFM Network News

Russia’s top agriculture official blames low global grain prices for export slowdown

U.S. livestock: Cattle rebound on technical buying

U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes

Tag Archives Alberta