Insights and Stories on Alberta

Jan. 8, 2025 at 9:31 am CST

For this forecast period, the weather models have been bouncing back and forth between a return to cold weather after a brief mid-week warmup or a return to the mild weather pattern we saw during much of December. The models have been slowly converging towards the milder solutions, but at this point confidence in the second half of this forecast period is low.

By Daniel Bezte

Jan. 7, 2025 at 9:48 am CST

The Alberta fed cattle market was quoted on a live basis in the range of range of $262-$265/cwt fob feedlot last week. Fed cattle forward contracts for March and April delivery (Alberta) were quoted from $270 to $272/cwt.  Compared to last week of November 2024, fed prices are up $20/cwt on average.

By Jerry Klassen

Dec. 31, 2024 at 9:28 am CST

For this forecast period, it looks like the quiet weather pattern will continue as the weather models are not showing any big storm systems impacting the Prairies. We should continue our slow cooldown with temperatures during most of this forecast period looking to be near to below average.

By Daniel Bezte

Dec. 31, 2024 at 9:15 am CST

For the week ending December 28, there were no feeder cattle sales in Western Canada; however, that didn’t stop cattle producers from emailing or calling me over the holidays inquiring about market direction. I thought it would be an opportune time to discuss a couple factors that will influence the market direction over the next couple of months.

By Jerry Klassen

Dec. 24, 2024 at 9:57 am CST

The weather for this forecast period will be largely controlled by a large, stationary area of low pressure in the Gulf of Alaska. This has been sending wave after wave over energy into coastal B.C. This will result in a predominately west to southwesterly flow across the Prairies—meaning a continuation of mild temperatures as Pacific air dominates.

By Daniel Bezte