It was a great start to the fall auction season at Killarney Auction Mart, as the southwestern livestock market recorded its largest start for the fall run in recent memory. There were “a lot of cows and a lot of yearlings that would be spread out over the next month (but instead sold at) this
Scorched pastures, limited feed heat up the fall run
Killarney reports a large run in its first sale of the fall
ICE weekly outlook: Canola’s downward spiral to continue
CNS Canada — ICE Futures canola contracts will continue to drift downward for the foreseeable future, according to one analyst. “The demand isn’t here because the buyers know that the farmer is undersold and they have to sell it,” said Wayne Palmer, senior market analyst with Exceed Grain. The November canola contract dipped below the
Trucker shortage troublesome for Prairie cattle industry
CNS Canada — As large volumes of cattle make their way to western Canadian auction marts this fall, buyers are having problems finding truckers to haul them. Those problems may get worse in the future, as federal regulations for cattle hauling could possibly change. “I would say it’s worse this year than other years so
Dropping U.S. futures drag Prairie wheat bids lower
Minneapolis, Chicago and Kansas City December wheat all dropped significantly on the week
Wheat bids in Western Canada were down again for the week ended Sept. 7, following the lead of U.S. futures markets. While U.S. futures dropped significantly, a weaker Canadian dollar held back losses for Prairie wheat bids. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $1-$2 per tonne, according
Global fertilizer market prices vary
CNS Canada — A mixed bag for fertilizer prices is expected over the next few months, as some continue to increase while others should drop, according to an analyst. “The fertilizer market has remained pretty firm over the past six months… we had kind of anticipated some declines across all the different nutrients, (but) they’ve
Prairie potatoes not expected to hit record yields again
CNS Canada – The potato acreage may have increased this year in Western Canada, but it doesn’t look like it will be the same story for yields. “I think overall it’s too early to tell because we haven’t started the main harvest, but we are not expecting as big of yield as the last couple
Feed weekly outlook: Lethbridge feedlots buying U.S. corn
CNS Canada — As barley prices climb, feedlots around Lethbridge have found a cheaper feed option: corn from the U.S. “Price has (pushed feedlots to buy corn). Barley, it’s probably $4, $5 a tonne higher than corn price right now. And the cattle feeder can source corn quite easily and more economically than barley,” said
Prairie wheat bids down again with U.S. futures
Minneapolis, Chicago and Kansas City December wheat futures were all down on the week
Wheat bids in Western Canada continued to fall during the week ended Aug. 30, following the lead of the U.S. futures markets. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were down by $4 to $6 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price
CBOT weekly outlook: Corn, soy, wheat markets stabilizing
CNS Canada –– Corn, soybean and wheat markets at the Chicago Board of Trade are starting to stabilize after a wild week. “Obviously we’ve been down a little bit here this week. We’re recovering some here today, the wheat’s doing the biggest recovery of all,” said Jack Scoville of Price Futures Group in Chicago. Markets
Pulse weekly outlook: Lower lentil yields predicted
CNS Canada — After a year of market woes for lentils, it looks as though the Saskatchewan lentil yield won’t be the best either. “I think overall we would be expecting lentil yields lower than average this year, but it’s hard at this point to put a figure or a number on that,” said Carl
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