(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market calm but firm

Compared to last week, western Canadian feeder cattle prices were unchanged. Most auction markets were closed due to Canada Day. It’s been a busy spring period; there is no doubt about it. Pastures are quickly deteriorating under the intense heat and many ranchers will sell yearlings 30-45 days sooner than normal. The good news is



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

Canada’s canola acres up from earlier forecast

Wheat acres up; barley, oats, corn revised lower

MarketsFarm –– Canadian farmers seeded more canola in 2021 than originally intended, with a number of other crops also seeing adjustments higher as dry weather through the planting season allowed for a fast seeding pace. In its June estimates of principal field crop areas, released Tuesday, Statistics Canada pegged total canola planted area at 22.5



(Dave Bedard photo)

Canola, wheat acres in opposite trends before StatsCan report

'Every commodity was offering options that were profitable'

MarketsFarm — Just days prior to Statistics Canada issuing its latest survey-based crop acreage report on Tuesday next week, analysts are estimating a rise in canola acres at the expense of wheat. “Coming through the winter and towards spring seeding, we were looking at canola prices that were at their highest levels of all time,”



Winter rapeseed production in France is likely to fall below three million tonnes for the first time in 20 years.

France sees rebound in winter barley crop, rapeseed at 20-year low

Winter barley production in France is expected to rebound sharply this year on the back of above-average yields, but the rapeseed crop is seen shrinking to a 20-year low after a decline in area, the Farm Ministry said recently. In its first production forecasts for 2021, the ministry projected the winter barley crop at 7.74


Manitoba crops seeing weather stress, alfalfa weevils causing forage yield losses

Manitoba Crop Report and Crop Weather report for June 22

Southwest Region Temperatures became more seasonal last week, ranging from 20 to 30 C during the day, with overnight temperatures in most areas of 6 to 11 C. Crop growth has improved with previous weeks’ moisture, but the heat wave in past week stressed many crops. Neepawa area received 6 to 8 mm rain; all

CME October 2021 feeder cattle (candlesticks) with Bollinger (20,2) bands. (Barchart)

Klassen: Feeder market percolating higher

Weakness in feeder futures seen as temporary hiccup

Compared to last week, western Canadian yearling prices were $1-$4 higher on average; calves were steady to $2 higher. Limited volume of calves under 600 lbs. made the market hard to define; however, strong demand was surfacing across all weight categories. The weaker Canadian dollar, along with stronger live cattle futures, set a positive tone.