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(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Spring wheat bids rise with U.S. futures

Weaker loonie also offers support

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MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, as gains in U.S. futures and weakness in the Canadian dollar provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $5-$10.20 per tonne across the Prairies, according to price quotes from
The McDougall Creek wildfire burns outside West Kelowna, B.C. on Aug. 18, 2023. (Photo: Reuters/Chris Helgren)
Crops, Livestock, Weather

AgriRecovery feed, freight, breeding herd aid set for Alberta, Saskatchewan, B.C.

Feds, provinces announce combined $365 million in aid programs

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The federal and Alberta, Saskatchewan and British Columbia governments are jointly putting up $365 million to support ranchers and farmers up against this summer’s drought and wildfire damage. The feds on Friday announced their 60 per cent, or $219 million, share of AgriRecovery program funding for the three westernmost provinces. “I’ve had the opportunity to
Photo: File
Crops, Markets

Feed weekly outlook: Grains steady, waiting on U.S. corn imports

Barley yields might beat StatCan expectations

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MarketsFarm — More feed barley is reportedly making its way into Alberta cattle rations for the time being as recently-harvested supplies are competitive with corn imports from the U.S. While nearby demand is keeping the domestic market reasonably steady, more corn will likely start making its way north over the next month. Feed barley is
(Geralyn Wichers photo)
Livestock, Markets

Klassen: Ontario demand sets the price structure for calves

Corn in Ontario at $232/tonne, U.S. corn in southern Alberta at $315

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For the week ending Oct. 14, western Canadian yearling prices were steady to $4 higher compared to a week earlier. Calves in the range of 500 to 800 pounds traded $4-$6 lower in Alberta. However, in eastern Saskatchewan and in Manitoba, calves in this weight category were relatively unchanged compared to the previous week. In
File photo of the northern lights over snow and stubble on a Saskatchewan field. (Nancy Anderson/iStock/Getty Images)
Weather

Prairie Forecast: Warmer, colder… then snow?

Issued Oct. 18, covering Oct. 18-25

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Not surprisingly for this time of the year, the last forecast didn’t play out exactly as expected, but overall, it was pretty darn close. The large area of high pressure that was forecasted to develop over the northern Prairies and slowly drop southward did just as forecast, but over the first few days the high
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Most bids lower

U.S. wheat futures down on week

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MarketsFarm — Bids for Canada Western Red Spring (CWRS) wheat were lower in Manitoba, but higher in the rest of the Prairies, while those for Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheat also went down during the week ended Thursday. U.S. wheat futures declined for the week, but were supported
(Geralyn Wichers photo)
Crops, Markets

Feed weekly outlook: Demand for feed grains ‘in a lull’

U.S. corn harvest a work in progress

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MarketsFarm — Despite prices continuing to come down for feed grains in Western Canada, demand for them is currently at a standstill, according to Susanne Leclerc of Market Master Ltd. in Edmonton. “I think we’re in that lull time right now between corn and barley (deliveries) as the (U.S.) corn harvest is underway,” Leclerc said,
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Steam evaporates off yearling market

August 2024 feeder futures at a premium

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Compared to last week, western Canadian yearling markets traded steady to $4 lower. The yearling quality continues to fade as thicker flesh levels are starting to appear. Steer calves were down $4-$8 on average while heifer calves were down $15 to as much as $20 in some cases. From a seasonal perspective, the calf market
File photo of beluga whales in Hudson Bay off Churchill, Manitoba. (Lynn_Bystrom/iStock/Getty Images)
Weather

Prairie Forecast Update: Manitoba in retrograde

Issued Oct. 7, covering Oct. 7-11

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If you have followed my forecasts over the years, you will know that the term retrograde is almost always associated with bad weather. Well, an area of low pressure about to come on shore over Eastern Canada is expected to retrograde, or move westward, ending up around James Bay by Monday or Tuesday. How will

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