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(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Weather

Klassen: Feeder market establishes short-term stability

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Compared to last week, western Canadian feeder cattle traded $2-$4 on either side of unchanged. Steady demand was noted on 800-plus-pound cattle, but calves and lighter weights experienced softer buying interest. Favourable weather and optimal pen conditions along with firmer live cattle futures supported the yearling market. Imports of U.S. corn continue to run 10-14
Manitoba’s new ag minister Derek Johnson, whose constituency includes Diageo’s Crown Royal distillery at Gimli, congratulated the company on social media Monday for prizes earned at the Canadian Whisky Awards. Those included distillery of the year for Gimli, and Canadian whisky of the year for Crown Royal Nobel Collection Winter Wheat. (Facebook)

Manitoba names new ag minister in shuffle

Derek Johnson replaces Ralph Eichler

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Another MLA from Manitoba’s Interlake region has been named to handle the province’s farm file in Premier Heather Stefanson’s latest cabinet shuffle and portfolio restructuring. Stefanson, who replaced Brian Pallister as premier in November, on Tuesday named Interlake-Gimli MLA Derek Johnson as minister of agriculture, replacing Lakeside MLA Ralph Eichler, who has been dropped from
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market remains firm

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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
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Stronger crop prospects, loonie lower bids

MGEX, K.C. wheat down on week

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MarketsFarm — The U.S. Department of Agriculture’s projected increases for domestic and worldwide wheat ending stocks, along with a strengthening Canadian dollar, brought pressure onto western Canadian wheat bids for the week ended Thursday. In its monthly world agricultural supply and demand estimates (WASDE) report on Wednesday, USDA showed a projected 1.78 million-tonne rise in
(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Alberta bids see slight gains

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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
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder markets start 2022 with a roar

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Compared to late December, western Canadian yearling prices were quoted $6-$8 higher on average; however, fancier, lower flesh packages in the 850- to 900-lb. category were $10-$12 higher. Calf markets were quite variable. Early in the week, calf prices were relatively unchanged but markets were up $3-$6 by Friday. Ontario buyers were extremely aggressive last
Pacific sea surface temperature anomalies in degrees Celsius for the week centred on Dec. 29, 2021. (CPC.ncep.noaa.gov)
Other, Weather

La Niña introduces itself with Prairie cold snap

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MarketsFarm — The frigid conditions which had enveloped the Prairie provinces in recent weeks is a sign La Niña has come again, according to a Kansas-based meteorologist. Since mid-December, the Prairies have been in a deep freeze beginning with temperatures at least 10 C below-normal. Since the holiday season, many towns and cities in the

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