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.
Tag Archives Manitoba
Klassen: Canadian feeder market jumps on USDA data
The U.S. cattle herd reached lowest head count since 1950s, trade anticipates heifer retention
Prairie forecast: A little more heat, then slow cool down
Issued Jan. 31, 2024. Covers Jan. 31 to Feb. 7
The big question for this forecast period is whether these mild temperatures will continue, or we see a return to more seasonable mid-winter temperatures? All I can say is that spring isn’t quite here yet.
Klassen: Positive fed outlook buoys feeder market
Market telling producers to own lighter cattle sooner rather than later
Western Canadian feeder cattle prices for 800-pound plus cattle were $2/cwt to $4/cwt higher on average for the week ending January 27. Feeders in the 500-800-pound category were up $3/cwt to $6/cwt with higher quality groups up as much as $10/cwt in some cases. Feeders 500 pounds and lower were unchanged from seven days earlier.
Canadian potato output rises in 2023
Alberta vaults to first place in provincial potato production
At 32.063 million hundredweight of potatoes this year, Alberta vaulted from third to first place as it improved on the previous year’s crop of 26.813 million. Manitoba moved into second spot from third with its harvest of 29.760 million cwt. following last year’s 26.139 million. Prince Edward Island saw its output reduced in 2023 to 25.813 million cwt. from 27.789 million. In 2023, the trio combined for 68 per cent of Canada’s total potato harvest of 128,801 million cwt.
Prairie forecast: Warm weather returns
Issued Jan. 24, 2024, covering Jan. 24 to 31
For this forecast period, it looks like our weather pattern will undergo a shift back to the mild pattern we experienced at the beginning of the winter. It also looks like the warm weather will stick around for at least a couple of weeks. The million-dollar question is whether we will see another outbreak of cold arctic air, or will we see an early start to spring? Well, if I knew that answer to that, I would be rich, but I don’t think winter is over quite yet.
Klassen: Feeder market holds value despite negative margins
U.S. demand limited with colder temperatures in Midwest
Calf markets appeared to trade $2 to $3 above week-ago levels on average. Feedlot margins on current pen close-outs are negative $300 to $350 per head but replacement markets haven’t missed a beat. Finishing feedlots were once again bidding aggressively on backgrounded cattle with fleshier types experiencing limited slippage. Larger pen sized groups were on the higher end of the priced spectrum with buyers avoiding smaller packages.
Beans mounting a comeback?
Expected prices could make some Manitoba growers take a closer look at dry beans in 2024
Could dry beans be poised to make a comeback in Manitoba? While it’s difficult to say with certainty, the latest Manitoba Agriculture estimates for crop production costs in the province for 2024 suggest it’s possible. Pinto beans are ranked No. 1 in terms of profitability among all field crops, according to the guide’s budget estimates, […] Read more
Stamp out smut
Crop diseases: Disease prevention tips are available for barley producers
Smut is one of the most common diseases in barley and can be found anywhere the grain is grown. There are several distinct kinds, each caused by a specific fungus and producing slightly different effects. While smut affects other cereals, it’s particularly a concern for Prairie barley growers because of its impact on quality as […] Read more
Prairie forecast: More typical mid-winter weather
Issued Jan. 17, covering Jan. 17 to 24
For this forecast period it looks like it'll simply be winter--not bone chilling cold, but not springtime warm. The general pattern that appears to be developing across the prairies is showing warm air trying to push northeastwards out of the western U.S., but with a northwesterly flow across the prairies, it looks like there will be a parade of cold, arctic high-pressure systems dropping southeastwards every few of days. The question is, just how far north will the warm air push, or for far south will the arctic air push?
Western Canada’s dry winter heralds worsening drought for 2024
Oil and gas, hydro, forestry, sports affected alongside agriculture
Canada's abnormally dry winter is worsening drought conditions across the western provinces, where most of the country's oil, gas, forest products and grain are produced.
Cyber-Savvy Farmer
