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Manitoba cattle markets heat up heading into autumn

Feeder cattle futures rise as corn slips creating demand

Volumes are beginning to pick up at cattle auctions across Manitoba, a trend typically observed during fall months. Butcher cattle, in particular, are coming to market in droves, mainly due to high feed prices and tight supplies following a dry summer. “There’s a lot of product on the market,” said Harold Unrau of Grunthal Livestock […] Read more

Tyson fire leaves province’s cattle markets unscathed

Cattle futures dropped in the Kansas fire’s wake

Prices at cattle auction markets in Manitoba were mostly steady for feeder cattle during the week ended Aug. 16 — and Harold Unrau of Grunthal Livestock Auction Mart expects that to remain the case for the time being. Last week, at Brandon’s Heartland Livestock Auction, 700- to 800-lb. feeder steers went for between $193 and $205 per hundredweight. Similarly […] Read more

Early frost risk elevated on the Prairies

One weather specialist says there’s an unsettling weather pattern established for the Prairies

Another dilemma is expected for the 2019 growing season. After a late start, western Canadian farmers could be challenged by an early end. Over the August 10 weekend there were isolated reports of frost in some areas of the Peace River region in Alberta. Other parts of the Prairies may be experiencing similar conditions sooner […] Read more

Manitoba’s West Interlake hay situation dire

Interlake region described as "abnormally dry"

MarketsFarm – The Rural Municipality of West Interlake has called on provincial and federal governments for assistance as the region faces critically low rain levels and crop yields. Current hay yields in the region are about 50 per cent of average. Typically, an average hay crop produces about one bale of hay per acre. Alternative […] Read more

Dry conditions may drive cattle to market this fall

Fed cattle, bulls also expected to head to market sooner

MarketsFarm – Dry pasture conditions in Manitoba mean cattle markets may make for a busier fall than normal. “The yearling run is right around the corner,” remarked Robin Hill of Heartland Livestock Auction Ltd. in Virden. Dry pasture conditions and rising feed prices are expected to speed up cattle volumes to auction in the fall, […] Read more

Field peas elbow in on canola acres

Price aren’t expected to be great but dry conditions made the pulse crop a Plan B

Statistics Canada’s latest report says field peas have taken some canola acres this year. Approximately 4.3 million total acres will be dedicated to field peas, StatsCan said, marking a 300,000-acre increase from estimates earlier in the year, and up from the 3.6 million acres seeded in 2018. Market participants expect that yellow peas will account […] Read more

Feed grains prices softer ahead of harvest

Old crop barley is off $20

MarketsFarm – Feed grain prices have softened ahead of harvesting season, due in part to improving growing conditions and a stronger Canadian dollar. Prairie drought conditions earlier in the summer had threatened crop yields and buoyed feed grain prices, but the weather premium has subsided thanks to recent rains. “Rain showed us we’ll have a […] Read more

Crops progressing thanks to rain

MarketsFarm — Crops across Manitoba were progressing steadily thanks to good amounts of rain across the province last week, according to Manitoba Agriculture’s most recent crop report. Rainfall volumes varied in the southwest region. Southern parts of the region received severe thunderstorms with precipitation around 130 millimetres. However, the northern area still required more rain. […] Read more

Feed prices, strong loonie drag down cattle values

China’s boycott on beef poses relatively little threat

Canadian meat packers are assessing what future demand will look like for Canadian beef, though China’s recent shunning of Canadian meat products will leave cattle markets largely unscathed. This is mainly due to the fact that only about five per cent of beef exports year to date have been shipped to China, said Brian Perillat […] Read more

Wheat bids turn out mixed across the Prairies

Minneapolis, Chicago and Kansas City September wheats were all down on the week

Western Canadian wheat bids varied during the week ended June 21, with strong gains observed in CWRS bids along with mixed CPSR bids and steady CWAD bids. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5-$8, except for in eastern Manitoba, where prices were only down by 65 cents, […] Read more