A pattern of rain that will fall across Western Canada from late August into early September is expected to delay the harvest of some field crops, an industry official said. But, the expected precipitation probably won’t be heavy enough to cause any crop damage, said Drew Lerner, weather specialist with Kansas City-based World Weather Inc.
Wet weather to delay Prairie harvest
Demand remains steady amid light cattle traffic
Activity was light at auction yards in Manitoba during the week ended Aug. 3, as markets continued to operate in full holiday mode, with many sale yards remaining closed until the fall. Cam Dahl, general manager of Manitoba Beef Producers, said activity at auction marts in Manitoba probably won’t pick up again until the fall,
U.S. drought pressures feeder market
Manitoba cattle auction marts operated in full holiday mode during the week ended July 27, with only a couple of yards holding sales. Heartland Livestock Services in Brandon and Winnipeg Livestock Sales were the only auction yards able to provide market reports for the week. Both auction marts reported a steady volume of cattle compared
New wheat marketing system to influence futures trading
Wheat futures on multiple trading platforms can expect to see some changes now that western Canadian producers are able to freely market their grain, industry officials said. Prior to Aug. 1, the former Canadian Wheat Board held a single-desk monopoly over the sale of wheat, barley and durum in Western Canada. But now farmers across
High feed prices push more cattle to slaughter
Manitoba cattle auction marts operated in routine holiday mode during the week ended July 20 with feeder cattle seeing steady prices and average volume for this time of year. But, butcher cows on the slaughter market saw above-normal volume, and weaker prices, an industry official said. Rick Wright, a buyer with Heartland Buying Order Company,
Man. corn cash bids approaching new highs
Cash bids for corn in Manitoba are on their way to reaching new highs, as drought in the U.S. Midwest is causing investors to worry that global corn supplies are going to be the tightest they’ve ever been, an industry official said. Ron Gendzelevich, president of Quarry Seed at Stonewall, Man., said cash bids in
Prairie yellow pea cash bids could climb on U.S. drought
Yellow pea cash bids in Western Canada are steady right now, but could climb because of drought-like weather in the U.S. Midwest, an industry official said. "If the prices in U.S. soybeans and other commodities get too high, we’ll see an increase in export demand for peas and we might not have enough supply to
Producers expecting even stronger prices this fall
The cattle auction yards in Manitoba continued to operate in a holiday-reduced atmosphere, but values for the cattle market held fully steady levels during the week ended June 29. The fully steady levels came despite the “significant” drop seen in U.S. livestock futures over the same week, an industry official said. “We had an increase
Pork exports expected to rise
Demand for Canadian pork products from South Korea may be slowing down, but the total volume of exports is still expected to remain steady, to slightly higher in calendar year 2012. South Korea imported a lot of Canadian pork products in 2011 following that country’s outbreak of foot-and-mouth disease — but it’s not expected to
Few market pressures translate to steady prices
Cattle auctions across Manitoba saw fully steady prices during the week ended June 22, as the number of cattle for sale was similar to the week prior, an industry official said. “We had a few less head this week — we had 330, and last week we had about 390,” said Scott Anderson, a field