Insights and Stories on Alberta

Nov. 21, 2023 at 9:01 am CST

For the week ending Nov. 18, western Canadian feeder cattle prices traded $3-$5/cwt on either side of unchanged compared to seven days earlier. Buyers appeared to shrug off the weaker futures market and the defensive tone from a week earlier evaporated. Eastern Prairie markets were firm, with larger packages of […]

By Jerry Klassen

Nov. 20, 2023 at 12:45 pm CST

MarketsFarm — Bids for western Canadian wheat were down all around for the week ended Thursday, with Canada Prairie Spring Red (CPSR) wheat having the largest losses. U.S. wheat futures were lower as export sales continued to be weak. For the week of Nov. 3-9, 176,300 tonnes were sold for […]

By Adam Peleshaty

Nov. 15, 2023 at 9:36 am CST

It looks like the well above average temperatures that flooded across the prairies over the last week or so will be coming to an end, at least eventually. The good news is that it doesn't look like it will be an abrupt end with well below average temperatures moving in.

By Daniel Bezte

Nov. 14, 2023 at 9:27 am CST

The live and feeder cattle futures appear to be incorporating a risk discount due to the uncertainty in demand. Consumers are pulling in the reigns on spending. Interest rates are at 40 year highs and inflation remains elevated. Larger supplies and lower demand results in lower prices.

By Jerry Klassen

Nov. 10, 2023 at 7:18 pm CST

MarketsFarm –– Spring wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up by $8.80-$10.10 per tonne across the Prairies, according to price quotes from a cross-section of […]

By Phil Franz-Warkentin