Manitoba Archives - Page 55 of 103

ICE July 2022 canola (candlesticks) with 20-, 50- and 100-day movjng averages (yellow, green and black lines) and November 2022 canola (purple line). (Barchart)

ICE weekly outlook: Other factors trump seasonal pressure on canola

By GFM Network News June 16, 2022

MarketsFarm — Despite the losses canola and other crops have incurred during the week of June 13, prices have remained rather high, according to a trader. “Even though we got some big crops brewing in North America, the prices are not falling apart. There are just enough things in there to keep these markets a […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Spring wheat up, durum pulls back

By GFM Network News June 10, 2022

MarketsFarm — Wheat prices on the Canadian Prairies were mixed during the week ended Thursday. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats incurred moderate gains, as Canada Western Amber Durum (CWAD) fell back. Good upticks in the U.S. wheat complex fueled price increases in Western Canada, along with a weaker […] Read more

Crops, Weather

Drought worsens in Alberta, but eastern Prairies wet

By GFM Network News June 10, 2022

MarketsFarm — Highly varied precipitation across the Canadian Prairies in May saw drought conditions worsen in southern Alberta while parts of Manitoba and Saskatchewan were becoming too wet, according to the latest federal Drought Monitor report. The report, released by Agriculture and Agri-Food Canada (AAFC) for the period ended May 31, showed that overall, 19 […] Read more

Green lentils. (Alexey Shipilov/iStock/Getty Images)

Crops, Lentils

Pulse weekly outlook: Lentils planted, now it’s wait-and-see

By GFM Network News June 7, 2022

MarketsFarm — As planting of lentils on the Canadian Prairies has pretty much wrapped up for 2022, prices have been holding firm, according to Colin Young of Midwest Grain Ltd. at Moose Jaw. “In pulses right now, this is the naturally quiet time of the year. We’re ramping old-crop into new-crop,” Young said. “Prices are […] Read more

Finishers, Livestock, Markets

Klassen: Negative feeding margins temper strength in feeder market

By Jerry Klassen, GFM Network News June 7, 2022

Compared to last week, western Canadian yearlings weighing over 800 lbs. traded steady to $2 lower on average. Feeder cattle under 800 lbs. were relatively unchanged. Alberta packers were buying fed cattle on a dressed basis at an average price of $288 delivered, down from the range of $288-$290 seven days earlier. Using a 60 […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Rains forecast for southern Alberta

By GFM Network News June 3, 2022

MarketsFarm — The prospect of rain over drought-stricken southern Alberta, with Calgary and Lethbridge possibly seeing at least 30 millimetres from June 4 to 7, would seem to be a godsend for growers. However, recent history suggests the moisture may not matter in the long term, according to Mike Fleischhauer of Eagle Commodities Ltd. at […] Read more

General, Weather

Environment Canada sees cool summer for Manitoba

By GFM Network News June 1, 2022

MarketsFarm — Manitoba and eastern Saskatchewan could be in for a cooler-than-normal summer, according to the latest long-range outlook from Environment Canada. The latest seasonal forecast from the government agency, released Tuesday, calls for a 40 to 80 per cent chance of below normal temperatures from June through August across all of the agricultural regions […] Read more

Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

Crops, Pulses, Weather

Pulse weekly outlook: More rainfall turns into more seeding delays

By GFM Network News May 31, 2022

MarketsFarm — After southern Manitoba had experienced ideal seeding conditions for most of the previous week, another round of rains created another round of headaches for pulse growers on Monday. “Last week, there were a few dry beans planted here in southern Manitoba. (There was) a lot of prep work being done. Things were really […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Talk of Black Sea corridor weighs on week’s bids

By GFM Network News May 28, 2022

MarketsFarm — The prospect of Russia allowing food shipments to leave Ukraine — albeit with a few concessions — was the key factor in declining bids for western Canadian wheat during the week ended Thursday. Russian Deputy Foreign Minister Andrei Rudenko on Wednesday said his country is ready to provide a humanitarian corridor in the […] Read more

CME August 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day movjng averages (pink, red and black lines). (Barchart)

Finishers, Livestock, Markets

Klassen: Canadian feeder market divorces from feeder cattle futures

Timing of new-crop feed grains leads to shift

By Jerry Klassen, GFM Network News May 24, 2022

Compared to last week western Canadian yearling markets traded $3-$4 on either side of unchanged. The quality was quite variable resulting in the wide price structure; however, decent genetic and lower flesh packages were red hot. Feedlot operators were extremely aggressive on 700- to 800-lb. steers although higher weight categories were also well bid. Auction […] Read more

GFM Network News

U.S. livestock: Cattle fall sharply as Trump says he’s working to lower beef costs

Alberta Crop Report: Harvest reaches completion

U.S. grains: Corn, soybeans rise on yield uncertainty, firming cash markets

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