Compared to last week, Western Canadian yearling or backgrounded steers prices were quoted $5 to $8 higher; yearling or backgrounded heifers were unchanged to $4 higher. Calves were trading $4 to as much as $10 higher.
Tag Archives Manitoba
Klassen: Statistics Canada confirms lower feeder cattle supplies
Precipitation in Alberta, Saskatchewan increases demand for grassers
Prairie forecast update: Storms roll in
Updates forecast issued Feb. 21, 2024
The weather models are coming into agreement with up coming storm system. The low was forecasted to develop over southern Alberta on Sunday with widespread snow developing to the north and west of the low. This placed the Edmonton region in the main snow band with 10 or so centimetres forecasted to fall across this region. The snow should move out quickly on Monday as cold arctic air pours southwards behind the low dropping temperatures to below average, but only for a couple of day.
Old corn pest returns with new threat
Some populations of European corn borer have shown Bt resistance in Manitoba and elsewhere
Glacier FarmMedia — Bt corn hybrids have been the story of success in transgenic innovation, a gold standard of biotech pest management, first with European corn borer (ECB) and then corn rootworm (CRW). Now comes a case from Truro, N.S., where a resistant corn borer population confirmed in 2018 also appears resistant to another protein. […] Read more
Feed barley under pressure, but opportunities available
Corn downturn likely to keep feedlots looking to extend coverage
Feed barley bids in Western Canada remained under pressure in mid-February amid continued imports of corn from the United States and the relatively mild Prairie winter. However, localized spot opportunities do pop up occasionally.
Prairie forecast: Mild start, then a chance of storms
Issued Feb. 21, covering Feb. 21 to 28, 2024
Sunshine prevailed a fair bit more over the last forecast period than expected and so did the milder temperatures. Oh, sure there were a couple of cold nights, especially over the eastern half of the prairies, but overall, temperatures ended up being about 2 to 4 C warmer than what was forecasted.
Klassen: Feeder market shows signs of herd expansion
Some buyers suggest some heifers are being purchased for breeding
For the week ending February 17, Western Canadian prices for yearlings and backgrounded cattle were quoted $2-$4/cwt higher than seven days earlier.
Time to buy some cows?
Cattle right now are more profitable than crops, this farm management expert says
Glacier FarmMedia — When all costs are factored into the equation, raising cattle should be more profitable than growing crops in 2024 — and in some cases, much more so. “Right now, I can tell you that the returns per acre are higher than any of the crops,” said Ben Hamm, a farm management specialist […] Read more
Native insect acquires taste for soy
What's now called the soybean tentiform leafminer is moving north
A tiny North American moth species that has been seen in Canada has been developing a new appetite for soybean plants on the U.S. Plains. The species, Macrosaccus morrisella — now officially named the soybean tentiform leafminer — was detected feeding on soybean crops in eastern Minnesota in 2021 and has since taken its newfound […] Read more
Feed grain weekly: Buyers waiting longer to purchase more grain
U.S. corn shipments continue to put pressure on feed prices
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.
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.