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Feed grain prices in Alberta moved lower following recent rains, said Susanne Leclerc, owner of Market Master Ltd. in Edmonton. However, she suggested prices could increase prior to the coming harvest.

Cash prices for spring wheat and durum across the Canadian Prairies saw slight movement either way during the week ended July 31.

ICE Futures canola contracts were trading within a sideways range heading into the end of the 2024/25 (Aug/Jul) marketing year, with expectations for a tight old crop carryout providing support amid uncertainty over new crop production.

Lentil prices on the Canadian Prairies eased back during the week ended July 28, said Levon Sargsyan, broker with Johnston’s Grain. Sargsyan noted that’s due to the recent rains that brought relief to some of the dry areas of the region.

For the week ending July 26, Western Canadian feeder cattle markets were relatively unchanged from seven days earlier. Yearlings off grass weighing 900 pounds plus were very strong and may have been up $3 to $5 from the previous week.

This forecast period is looking much more stable and predictable as a large area of high pressure dominates the Prairie region.

Crops in Manitoba continued to hold up quite well, but the provincial agriculture department reported some variation in the spring wheat over the week ended July 29.