Cattle sale volume across Manitoba was still relatively low during the week ended Aug. 23, but auctions at Ashern, Gladstone and Ste. Rose resumed after being closed for most of July and August. According to Rick Wright, buyer with Heartland Buying Order Co., favourable pasture land conditions in Manitoba were keeping yearlings off the market.
Cattle Markets: Feeder prices seen staying strong going into fall
U.S. buyers have the lower loonie on their side
Prairie pea prices continue downtrend as harvest begins
Western Canadian pea prices have declined the last month amid decreased demand from India and expectations of a very strong Canadian crop, according to Jackie Kress, senior grain manager for Legumex Walker. India is Canada’s largest yellow pea exporter, but with a large chickpea crop and a rupee that has been declining in value, demand
Interested buyers coming forward from all directions
Pasture in the southwest is showing some pressure
Favourable pasture land conditions continue to keep yearlings out of Manitoba’s auction yards, according to Robin Hill, manager at Heartland Livestock in Virden. “Yearlings have lots of grass out there,” he said. “Guys don’t need to sell them even though the prices are good. In our area, pasture conditions look really good due to the
Spot prices for mustard to remain steady until harvest
Tight supplies of Canadian mustard are expected to keep spot prices quite high leading into harvest, according to Walter Dyck, mustard buyer with Wisconsin-based Olds Products. “I think the carryover from the previous year is quite on the low end,” he said. “We’ve had fairly high spot prices the last few years, so there aren’t
Hog prices better recently, but fall uncertain
Canada’s hog producers posted profits during the summer, but the outlook heading into the fall is uncertainty, according to the general manager for h@ms Marketing Services, which represents producers in Manitoba and Saskatchewan. “From mid-May to present, I would suggest that most producers have made money,” Perry Mohr said. “However, I think people are kind
Disease prevention has helped Alta. crop development
Increased disease prevention by Alberta farmers has yield outlooks looking above-average for some of the province’s biggest crops, according to provincial crop specialist Neil Whatley. “Wheat and canola crops around the province are pretty much good-to-excellent in condition and receiving favourable growing conditions,” said Whatley, who’s based at the provincial Ag-Info Centre in Stettler. “I
Prairie wheat, canola still susceptible to pests, diseases
Prairie wheat and canola crops are looking generally good despite being behind in development, but yields could still be impacted by disease and insect problems, crop specialists said. “By and large, the canola crops look really good,” said Harry Brook, crop specialist with Alberta Agriculture and Rural Development at Stettler. “A concern for farmers is
Prairie flax prices trending downward
Western Canadian flax prices have lost close to $1 per bushel in recent weeks, and the trend is expected to continue leading up to harvest, according to Kevin Silzer, broker at Rayglen Commodities in Saskatoon. “I think flax has been following the general markets right now,” he said. “There’s also a little bit of pressure
Stronger Canadian dollar cuts into hog profits
Stronger Canadian dollar cuts into hog profits More supply coincides with less demand in the fall Canadian hog producers posted profits during the summer months, but the market outlook heading into the fall is filled with uncertainty, Perry Mohr, general manager for Hams Marketing Services said. “From mid-May to present, I would suggest that most
U.S. soy, corn futures seen on pace for extreme lows
After a drought-filled growing season in 2012-13 that pushed soybean and corn prices extremely high, U.S. soy and corn are on pace to produce bumper crops in 2013-14 — and both markets are seeing a huge reversal in prices because of it. With each crop entering important development phases and receiving favourable weather, Sterling Smith,