Manitoba has led the Prairie pack in a year of advancing farmland prices across Canada. A report from Farm Credit Canada (FCC), released on March 14, revealed that Manitoba saw a 9.9 per cent increase in farmland prices in 2021, the largest among the Prairie provinces, and its largest increase since 2015 (when prices rose
Manitoba farmland value rises fastest in Prairie region: FCC
Demand from farmers looking to expand operations outstripping supply
Cold snap slows cattle traffic, drags on price movement
Eastbound cattle show stronger values on lower feed costs
Cold weather seemed to have played its hand once again at Manitoba cattle auction sites for the week ended Feb. 24. Below-normal temperatures with wind chills around -40 C convinced cattle producers to wait at least one more week to sell their animals. The weather forecast predicted a break from the extreme temperatures in the
Snowy weather keeps some cattle home
Blockades aside, it’s becoming much tougher to transport cattle
With more snow falling onto parts of Manitoba mixed in with gusting winds, fewer cattle made it out to auction sites for the week ended Feb. 17. At least 9,081 cattle went through the rings during the week (numbers from Brandon were unavailable at press time), down as much as 32 per cent from the
Slow but optimistic start to 2022 cattle sales
Recent weather has dragged on cattle volumes
For the first time this year, all eight Manitoba cattle auction sites held regular sales during the week ended Jan. 27. But while prices have been pulled in both directions, the start of the calendar year has been slow in terms of the amount of cattle going through the rings. “The one thing we’ve seen
Cattle sales heat up in frigid start to 2022
A stronger loonie weighed on values for heavier cattle
Wind chills dropping to below -40 C, followed by snowstorms and poor road conditions, did little to stand in the way of cattle sales in Manitoba during the week ended Jan. 20. Despite the Jan. 19 sale at Ashern Auction Mart being cancelled due to poor weather, 6,621 cattle went through the rings at seven
Drought, COVID-19 pandemic strengthen ranchers’ resolve
Canada became a net importer of feeder cattle in 2021
Midway through 2021, the Manitoba cattle industry faced its toughest stress test in decades as drought extended throughout the Prairies and threatened the livelihood of cattle producers. “It was very difficult to deal with all the facets of a drought. It really stressed individual producers. It stressed our resources to be able to deal with
Prairie cash wheat: Bids down despite cold weather, Russian tensions
MarketsFarm – Despite a wide array of factors which would have provided support to prices, Prairie wheat was in the red for the week ended Dec. 30. With areas already experiencing dry conditions, a large cold snap hit both the Prairie provinces in Canada and the Southern Plains in the United States. For the latter,
Feed weekly outlook: Prices to remain steady until spring
MarketsFarm – Feed grains in Western Canada are seeing limited trading during the holiday season, but the demand for feed remains at feedlots. “The trade has been very slow. We’re kind of just in execution mode right now,” said Evan Peterson, trader for JGL Commodities in Moose Jaw, Sask. “Stocks are tight on the farm,
Mexican wheat production rises, declines for corn
MarketsFarm – Production numbers for Mexico’s wheat and corn went in opposite directions, according to the latest Global Agricultural Information Network (GAIN) report from the United States Department of Agriculture (USDA) released on Dec. 28. The country’s wheat production forecast for the 2021-22 marketing year (July to June) was revised to reflect a 2.3 per
CBOT weekly outlook: All quiet on the CBOT front
MarketsFarm – The week between Christmas and New Year’s Day is typically a time for the markets to slow down, and at the Chicago Board of Trade (CBOT), that’s certainly the case. At approximately 10:50 a.m. CST, the volumes for both the highly-traded March corn and soybean contracts did not exceed 78,000, while a typical
Cyber-Savvy Farmer
