Buying activity for feed barley and feed wheat in Western Canada is moving slowly and prices continue to decline, according to Susanne Leclerc, owner of Market Master Ltd. in Edmonton.
Tag Archives Manitoba
Feed grain weekly: Buyers waiting longer to purchase more grain
U.S. corn shipments continue to put pressure on feed prices
Soybean acres may soon stabilize in Manitoba
Volatile yields, acres and weather have kept soy on a roller-coaster since 2017
There's an emerging consensus in Manitoba that soybean acres in the province could soon stabilize at around 1.5 to 1.9 million.
Prairie forecast: Dry and mild west, seasonal east
Issued Feb. 14, covering Feb 14 to 21, 2024
If you haven’t noticed, it has been an unusual winter, and that unusualness is causing all sorts of headaches with weather forecasting. In particular, cloud cover. In the last forecast period, it looked as if high pressure would dominate the weather bringing plenty of clear skies along with more seasonable temperatures.
Klassen: Feeder market continues to climb
Canadian values appear to be one week behind the U.S. market
For the week ending February 10, Western Canadian the market for yearlings over 800 pounds was $3/cwt to $6/cwt compared to a week earlier. Feeder cattle suited for grass and calves were up $8/cwt to as much as $25/cwt in some cases compared to the week prior. Quality steers averaging 600 pounds were readily trading in the range of $410-$425 up from the range of $380-$395 last week.
Prairie wheat weekly outlook: Prices down, especially for durum
Weaker Canadian dollar lends support, K.C., Chicago and Minneapolis wheat put pressure on prices
Wheat prices across the Canadian Prairies pulled back during the week ended Feb. 8. While there were moderate declines in Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat, there were sharper losses for Canadian Western Amber Durum.
A hundred years of Prairie farmland prices
Don’t bet the farm on that much-anticipated easing of interest rates
Farmland prices continue to go up like a helium balloon, leading to speculation that it might continue and speculation in land as a commodity. In this piece we will look at a long history and provide some guesses about the future. Anyone who thinks they can actually predict the future is living in dreamland. Figure […] Read more
Prairie forecast: Stormy start in the east, slightly cooler west
Issued Feb. 7, covering Feb. 7 to 14, 2024
You can’t say it has been a strange and interesting winter. First, we saw a wintery end to October, then fall moved back in for most of November and December before we finally saw a big old shot winter in mid-January. Now we have been dealing with spring like conditions over the last two weeks – what’s next? Well, it looks like winter is going to try and make a comeback.
Planting just one soybean variety is a ‘mistake’
Growers should try at least three, an Ontario soy expert says
Horst Bohner is convinced — completely so — that farmers should plant more than one variety of soybeans. If they don’t, they are making a “mistake,” he says. “As a basic starting point, I think every grower should seed at least three varieties. Every year. As a minimum. Hopefully more than that,” says Bohner, the […] Read more
Window now wider, but ideal timing to plant soy still same
Risks also remain if pushing luck with planting depth and rates
Glacier FarmMedia — Provincial pulse and soybean specialist Dennis Lange says the window for planting soybeans in Manitoba is getting wider. “In the past, one of our big concerns was planting soybeans too early,” he says. “That was our initial discussion a few years ago.” Soybeans are susceptible to frost, and historically, the risk of […] Read more
Klassen: Canadian feeder market jumps on USDA data
The U.S. cattle herd reached lowest head count since 1950s, trade anticipates heifer retention
For the week ending February 2, Western Canadian feeder cattle prices were up $6/cwt to $12/cwt from seven days earlier. Certain pockets of Western Canada had grass cattle trading $12/cwt to as much as $20/cwt above the previous week.
Cyber-Savvy Farmer
