Grain toll proposed for St. Lawrence Seaway

Grain toll proposed for St. Lawrence Seaway

Our History: October 1958

Farmers’ returns were a theme running through our issues in October 1958. In the main front-page story in the Oct. 9 issue, we reported that the three Prairie pools had raised concerns with Prime Minister John Diefenbaker about the prospect of tolls on grain going through the newly opened St. Lawrence Seaway. Their brief said



A recent increase in beef-processing capacity in North America has also bumped up slaughter activity in Canada.

Packers’ aggressive pace cuts into supply glut expectations

Bids on heavier-weight feeder cattle remain supported

A glut of beef that was expected to flood grocery stores this summer, and depress prices for Manitoba ranchers, might not be as large as initially expected. Strong export business in the U.S. and a massive amount of processing by U.S. packers has managed to whittle down the volumes of summer beef out there, according



Lower cattle volumes have helped keep prices well supported at auction.

Cattle prices well supported as volumes drop for summer

Recovery in feeder and fat cattle futures is supportive

Activity is slowing down for the summer at cattle yards across Manitoba, although values remain steady for the odds and ends still finding their way to market. A number of cattle yards are already operating at a reduced summer schedule, with sales on a biweekly basis before a complete shutdown in July. Volumes were light