(Photo courtesy Canada Beef Inc.)

Klassen: Optimistic fed cattle outlook supports feeder market

Compared to last week, western Canadian feeder cattle markets traded $2-$4 higher. Strong demand was noted on yearlings, which spilt over into the lighter weight categories. Major feedlot operators in Alberta set the price structure, with aggressive orders flowing across the Prairies. Some operators have been holding back on purchases due to higher prices; however,

ICE canola holding onto small gains at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 7 (MarketsFarm) – The ICE Futures canola market was holding onto small gains at midday Tuesday in thin and choppy activity. Weakness in the Canadian dollar provided some underlying support, with the declining currency helping crush margins show some improvement. Production issues across Western Canada remained supportive as well,


Global Markets: Taliban fires over protestors

By MarketsFarm WINNIPEG, Sept. 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Demonstrations outside the Pakistan Embassy in Afghanistan were dispersed by the Taliban firing into the air on Tuesday, marking the second protest broken up by gunfire over the past week. A number of



ICE Canada Morning Comment: Canola veering away from overnight gains

Soy complex turning lower, taking canola with it

ICE Canada Morning Comment: Canola veering away from overnight gains By Glen Hallick, MarketsFarm WINNIPEG, Sept. 7 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed Tuesday morning, as trading resumed after the long weekend with the overnight session. The Canadian oilseed was stepping back from overnight gains as the Chicago soy complex began to

Recent rain slows cattle rush at Manitoba auction markets

Recent rain slows cattle rush at Manitoba auction markets

Feeder cattle and calves show price strength

Recent rains in Manitoba have greened up pastures and in turn slowed down the number of cattle headed to market, said Kirk Kiesman, manager at Ashern Auction Mart. In light of the severe drought on the Prairies, and especially in the Interlake region of Manitoba, the Ashern market organized a number of auctions this summer.


(PorcOlymel.com)

Slaughter resumes at Olymel hog plant

Return to usual pace expected 'in coming weeks'

Hog slaughter resumed Friday at a major Quebec pork plant that had sat idle for over four months, as striking employees now return to work with a new six-year contract. The Olymel plant at Vallee-Jonction, south of Quebec City, restarted daytime and evening hog slaughter shifts Friday after “maintenance and sanitation” work on Wednesday and

(Thinkstock photo)

Prairie cash wheat: Spring wheat bids mixed, durum jumps

U.S. December wheat futures down on week

MarketsFarm — Increased worldwide demand for wheat and precipitation across the Prairies have resulted in mixed spring wheat bids for the week ended Thursday. Scattered showers across wheat-growing areas in Western Canada, as well as the ongoing spring wheat harvest, have brought downward pressure on the markets. The rising Canadian dollar also served to lower