The week ended A u g . 1 saw a large increase in the value of the Canadian dollar, and the strong loonie has limited some of the strength seen at Manitoba auction marts over the last while. Robin Hill, manager of Heartland Livestock Services at Virden, said the majority of the animals at its
U.S. Cattle Supply, Rising Loonie Pressure Prices
Heat Cools Sales Volumes
The hot tempera-t ures across Manitoba during the week ended July 25 limited the amount of animals that were sold, especially during sales early in the week. Heartland Livestock Services in Brandon had only 95 animals come to market at their Tuesday, July 19 sale, but with humidex values nearing – and in some areas
Guess What? The Forecast Matches The Weather
After being swamped by well-above-average rainfall throughout the spring, the wet areas of Manitoba have started drying out over the past month or so. And the dry-down should last a while longer, said Drew Lerner, president of World Weather Inc. in Kansas City. “The longer-range outlook was for Manitoba to see drier weather as the
Flood Recovery Will Be Slow
Wi t h Heartland Livestock in Virden taking the week off, there were only two cattle sales in Manitoba during the week ended July 18, with light volumes being reported in both Brandon and Winnipeg. Although volumes were light, prices were holding firm, with even some higher prices seen in the slaughter market. But even
Manitoba to see hot, dry July, forecaster says
Swamped by well-above average rainfall throughout the spring, the wet areas of Manitoba have been able to dry out — for the most part — over the past month or so. Drew Lerner, president of World Weather Inc. in Kansas City, said a drying bias is underway in the keystone province, and it should continue
Canada to set new canola oil export record
Canadian canola oil exports are projected to have more than doubled over the past six years, as Canada’s domestic crush has increased, and demand continues to grow. Back in 2004-05, Canada exported 900,000 tonnes of canola oil, while in 2010-11 the country is pegged to export 2.34 million tonnes, which would be a new record.
Canola exports to decline as supplies tighten
Canadian exports of canola are projected to decline for a third consecutive year in 2010-11 and a fourth straight year in 2011-12, according to Agriculture and Agri-Food Canada. However, the lower export numbers are not for lack of demand. Canada is forecast to export 7.1 million tonnes of canola seed in 2010-11, and seven million
Feed wheat loses steam with lack of demand
Many cattle feedlots across the Prairies have reduced the number of cattle on their yards now that the summer has arrived, and with fewer animals being fed, the price of feed wheat has declined. Gerald Snip, a grain trader with Marketplace Commodities at Lethbridge, Alta., said he wasn’t surprised to see fewer animals at the
Producers Paying Storage On Unused Fertilizer
Fertilizer manufacturers are charging storage fees to producers in southwestern Manitoba and southeastern Saskatchewan for fertilizer they ordered but couldn’t use due to the unusually wet field conditions this spring. “Farmers are being charged storage costs for anhydrous ammonia that didn’t get delivered. They are getting charged by the month,” said Doug Chorney, president of
Waterlogged farmers getting charged for unused fertilizer
Producers in southwestern Manitoba and southeastern Saskatchewan have seen record amounts of rainfall this spring, causing record amounts of acres to go unseeded — and large amounts of fertilizer to go unused. Many producers who bought fertilizer were unable to use it because it was just too wet to get on the field — and