Stronger supplies meet strong demand at auctions

Activity was back in the full swing of things at sale auction yards across Manitoba during the week ended Sept. 14.
All sale yards were holding cattle sales again after many took some summer holidays. Volume at most yards saw a pickup during the week, as more calves and yearlings were ready to be sold.
“We’re starting[...]



Manitoba oat prices near historic highs

Cash bids for oats in Manitoba have soared to a level near historic highs, industry officials said.Some Manitoba oat farmers were receiving up to $4 per bushel as of Oct. 22, Warren Alexander, a commodity trader with Emerson Milling, in Emerson said.“This price level, historically, seems to be the high,” he said. “Prices have really[...]

Lower prices may mean fewer Manitoba corn acres


Farmers in Manitoba may plant fewer acres of corn this spring than anticipated a few weeks ago due to weaker prices.
Eldon Dueck, a grain merchant with Linear Grain at Carman, Man., said Manitoba farmers were receiving about $6.70 per bushel for their corn as of Tuesday.
“The market has really dropped,” he said. “We paid farmers[...]


Green pea prices hit record highs

Both old- and new-crop cash bids for green peas have now reached record highs due to extremely tight supplies.
Francis Gaudet with Belle Pulses Ltd. in Saskatchewan said there are almost no old-crop green pea supplies left in Canada, leaving zero carry-over stocks.
Gaudet said supplies are extremely tight because acreage has been on a decline, and[...]



Wave from grains' dive lifts feeder cattle market

Feeder cattle prices at auction yards across Manitoba were steady to slightly stronger during the week ended April 5, underpinned by a crash in U.S. grain futures.
Robin Hill, manager of Heartland Livestock Services at Virden, said prices for feeder cattle that weighed 800 pounds or less were about one to two cents per pound higher,[...]




Canola may take cues from this week’s StatsCan numbers

Canola futures on the ICE Futures Canada trading platform moved higher during the week ended Aug. 16, breaking above the key resistance level of $500 per tonne. The rally was led by strong gains seen in the Chicago soybean complex. Canola futures were also supported by some independent fundamental factors, including rumours of fresh export[...]