Insights and Stories on Manitoba

Aug. 21, 2024 at 10:50 am CDT

Last week's forecast got off to a rough start. The area of low pressure that pushed through the eastern Prairies ended up as a large upper level low. Because those are slow to move out, they can affect systems trying to move east by backing them up or forcing them to take a different path. So, while the overall pressure pattern across the Prairies was still slack as forecasted, the details got all messed up.

By Daniel Bezte

Aug. 20, 2024 at 9:45 am CDT

For the week ending August 17, Western Canadian feeder cattle prices were $3-$5 lower on average. Three weeks ago, 1,000 pound steers off grass reached up to $340/cwt. This past week, these same cattle were quoted in the range of $315-$325/cwt.

By Jerry Klassen

Aug. 14, 2024 at 9:59 am CDT

The slack or weak pattern looks to continue into much of next week, which makes it difficult to pinpoint which areas could see showers or thunderstorms, and on which days. Best chances for precipitation look to be over the eastern Prairies. This type of pattern also makes it difficult to predict where forest fire smoke will be.

By Daniel Bezte

Aug. 13, 2024 at 4:39 pm CDT

The harvesting of fall cereals was well underway in Manitoba, according to the province’s latest crop report released on Aug. 13. Manitoba Agriculture said 39 per cent of the fall rye and 17 per cent of the winter wheat had been combined.

By Glen Hallick - MarketsFarm

Aug. 13, 2024 at 10:34 am CDT

Overall, the calf market appeared to be more sensitive to the weakness in the deferred live cattle futures while buyers of yearlings were focused on securing ownership.  Ideas are that yearling supplies are down from year-ago levels and scarcity factor is driving the bullish enthusiasm.

By Jerry Klassen