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Pork industry looks ahead from turbulent 2021

Pork prices expected to stay elevated in 2022

MarketsFarm — Labour shortages caused by the COVID-19 pandemic, high feed costs and lower prices posed constant threats to Canada’s hog industry in 2021. Nevertheless, pork appears to be in a good spot entering 2022, according to two analysts. “2021 was not the best, but not the worst,” said Tyler Fulton, director of risk management

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Markets facing uncertainty

MarketsFarm — Feed grain markets in Western Canada are facing some uncertainty amid tight domestic supplies and reports of transportation issues bringing up corn from the United States. “It’s very strange,” said Susanne Leclerc of MarketMaster Ltd. in Alberta. “You see stories like that (reporting on feedlots running low on grain), then you talk to


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Transport strains pile on drought-induced feed shortages

Importing U.S. corn not cheap

Winnipeg | Reuters — Canadian farmers say they are just days away from running out of feed for cattle, due to severe drought last summer damaging crops needed to fatten them over winter and transportation bottlenecks. The drought devastated Prairie pastures and has now forced feedlots in Alberta, the main cattle-producing province, to buy more

(Blair Cameron photo courtesy Canada Beef Inc.)

Klassen: Feeder market softens on tight feed grain supply

Ontario buying interest subsides

Compared to last week, prices for yearling steers were down $2-$4 while yearling heifers were down $4 to as much as $8. Calf markets were down $3-$6 from last week. Negative feeding margins, colder temperatures and tight feed grain supplies were the three main factors setting a negative tone in the feeder market. Rail imports



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market remains firm

Compared to last week, western Canadian yearling prices were steady to $3 lower on average; calves were relatively unchanged but limited numbers were on offer. Strength in the Canadian dollar appeared to temper demand from south of the border in the 750-plus-lb. weight categories. Last week was the first full week of sales in both


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Alberta bids see slight gains

MarketsFarm — Alberta feedlots are only buying feed barley and wheat on a hand-to-mouth basis as demand remains unchanged, according to a local trader. “A lot of the feedlots we work with are buying what they needed and getting covered,” said Agfinity Inc. senior trader Erin Harakal from Stony Plain, Alta. High-delivered bids are $12.93