Photo: Canada Beef

Klassen: Feeder market to start 2023 on firm tone

Counter-seasonal behaviour expected

There were no market reports last week due to the holiday season; however, I still received a few calls from cattle producers regarding the feeder market outlook for the first quarter of 2023. The feeder market finished 2022 at 52-week highs. Steers averaging 500 lbs. were readily trading over the psychological $300 level while 900-lb.



Grain bins in a Saskatchewan field. (MysticEnergy/iStock/Getty Images)

Feed weekly outlook: Grain, price movement ongoing over holidays

Colder weather stymies deliveries

MarketsFarm — With the Christmas break come and gone, more grain is being delivered to feedlots, according to one Lethbridge trader. Mike Fleischhauer of Eagle Commodities Ltd. said that despite the holiday season, in which lighter activity is expected, there was still some movement in feed grain prices. Wheat and barley were both valued at



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Prairie cash wheat: Bids mostly higher

U.S. wheat futures up on week

MarketsFarm — Spring wheat bids in Western Canada saw some mixed activity during the week ended Thursday (Dec. 22), with small losses reported for red spring wheat in Manitoba, while prices were up in Alberta and Saskatchewan. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by 30-40 cents in


Vehicles are shown wrecked along the Highway 401/402 corridor near London, Ont. on Dec. 23, 2022. (Ontario Provincial Police photo via Twitter)

Winter storm causes havoc across Canada

Alberta ranchers shelter cattle against winds

Ottawa/Winnipeg | Reuters — Strong winds, freezing rain and heavy snowfall closed schools, cut power to homes and cancelled flights across Canada on Friday as a powerful winter storm swept across the country, prompting authorities to warn people to stay indoors ahead of worsening conditions. The storm is connected to the same freezing weather system



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Prairie cash wheat: Prices a mixed bag across West

U.S. wheat futures down on week

MarketsFarm — Wheat prices on the Canadian Prairies for the week ended Thursday were mixed as CWRS wheat was either side of unchanged and CPSR was down slightly. Meanwhile, durum made modest gains. Declines in the U.S. wheat complex put pressure on western Canadian cash prices, but those declines were countered by a weaker Canadian