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Livestock Markets, Markets

Cattle prices stay on strong side

By
Prices for cattle at Manitoba auction marts continue to stay strong, but some classes did drop off slightly during the week ended November 17. Feeder steers in the 300 to 400 lb range softened by a few dollars along with heifers in that same weight class. Most classes and weights of calves were four to[...]
Livestock Markets, Markets

Prices strong as Manitoba producers clear out pens

By
Bids on Manitoba cattle remained strong during the week ended April 7, as farmers cleaned out their pens and took leftover cattle and other animals that had been backgrounding to market. Roughly 11,500 head were shown at the province’s eight major stockyards. “We’re seeing cattle that were small in the fall; now it’s time for[...]
Livestock, Livestock Markets

Current strength in cattle prices not expected to last

By
Cattle prices in Manitoba continued to hang strong during the week ended Aug. 17, as producers grappled with growing feed problems and persistent smoke from fires in British Columbia and Ontario. Volumes remained seasonally low, but one market watcher noted activity at online auctions was brisk. “When you look at video sales there are more[...]
Grain Markets, Markets

Argentina’s late rainfalls drag on oilseed futures

By
ICE Futures Canada canola contracts held above the $520-per-tonne mark during the week ended March 26, as speculative buying helped offset the bearish influence of rain in South America. From March 16 to March 23, canola lost $2.50 to end Friday at $520.60 per tonne. The week started off with a thud, as beneficial rains[...]
Livestock Markets, Markets

Cattle prices hold steady on feed crop expectations

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Prices for finished cattle in Manitoba held relatively steady during the week ended June 28. Weakness in the Canadian dollar, expectations of lower feed prices in the fall, and improved moisture conditions in key regions were cited as some of the key reasons. “The feeder cattle market has been stronger here in Western Canada,” said[...]
Grain Markets, Markets

Canola rises on USDA’s soybean acreage outlook

By
ICE Futures Canada’s May canola futures posted light gains during the week ended March 29, generally hanging in a recently established range of $520-$525 per tonne. Supportive chart signals helped keep canola aloft to start the week. It was somewhat bumpy for futures, though, as the spectre of a large carry-out and expectations for a[...]
Livestock Markets, Markets

Sale volumes rise as prices improve on heavier cattle

By
Prices for cattle at Manitoba auction marts ticked upward during the week ended May 4, particularly on cattle at the heavier end, as producers prepared for spring activity. Feeder steers ranging from 700 to 900 lbs. were generally $5/cwt higher on average, according to prices from the province’s main auction marts. It was a different[...]
Livestock Markets, Markets

Cattle prices supported on interest from Ontario

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It was a surprisingly busy week for Manitoba auction marts during the week ended Feb. 16, as over 9,000 animals made their way to market, up from just 7,700 the week before. “We saw some good volume this week,” said Rick Wright of Heartland Order Buying Co. “Everyone was up.” Strong interest from eastern buyers[...]
Grain Markets, Markets

Canola gets technical support against USDA production data

By
The ICE Futures canola market suffered losses during the week ended Sept. 17, but the front-month November contract enjoyed some technical support, which allowed it to stay above the key $490-per-tonne mark. The main item dominating the headlines was a bearish production report from the U.S. Department of Agriculture that weighed down oilseed markets in[...]
Grain Markets, Markets

Canola finds independent strength against soybeans

By
Canola futures held up surprisingly well during the week ended August 10 as a heat wave in the Canadian Prairies overpowered the bearish effects of a U.S. Department of Agriculture report that predicted a record soybean crop in the U.S. ICE’s front-month November canola contract closed on Friday, Aug. 10 at $504.90 a tonne, over[...]

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