(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market experiences softer demand

Compared to last week, western Canadian feeder cattle sold $4-$6 lower on average. Feedlot operators backed away from the markets due to stronger feed grain prices and weakness south of the border. Certain regions of the U.S. Midwest and southern Plains have experienced adverse weather, which caused U.S. feeder cattle prices to experience a week-over-week



Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Tighter StatsCan canola crop won’t affect market, analysts say

CNS Canada — Canada’s canola production has been revised lower in the latest data from Statistics Canada’s Production of Principal Field Crops report, issued Thursday. However, two observers agree the final numbers won’t have much effect on markets. “It’s not a report that’s going to allow canola to trade tremendously strong. It might trade a



(Dave Bedard photo)

December StatsCan report could vary from years past

CNS Canada — After this fall’s long, drawn-out harvest, some analysts predict Statistics Canada’s final Production of Principal Field Crops numbers could vary from the usual pattern. StatsCan’s report, due out Thursday, is a “very uncertain” report “because that was probably one of the most bizarre falls we’ve ever had on the Prairies,” said Ken


CME August 2019 live cattle (red) and January 2019 feeder cattle (blue). (Barchart)

Klassen: Feeder market searching for direction

Western Canadian feeder cattle markets were quite variable from seven days earlier. Prices were unchanged in the eastern Prairie regions; however, Alberta markets traded $3 to as much as $7 below week-ago levels. Alberta and Saskatchewan feedlot inventories are running 16 per cent above year-ago levels, so there’s limited buying power available. Calves are fleshier

China trade can be boosted

China trade can be boosted

Agri-food exports could thrive but Canada needs to push to reduce tariffs and other trade barriers

China is a growing market for Canadian agri-food exports and could become even more important if it reduces tariffs and other trade barriers, says the Canadian Agri-Food Trade Alliance. The call came as four federal cabinet ministers were in China to discuss improved relations. While a free trade deal with China seems far away, proposals