Insights and Stories on Manitoba

Feed weekly outlook: Grain stocks set tone for barley, wheat

Feb. 9, 2023 at 4:31 pm CST

MarketsFarm — Statistics Canada’s (StatCan) grain stocks report issued earlier this week largely met trade expectations, according to Winnipeg-based independent trader Jerry Klassen. The survey-based report, which estimated the country’s grain stocks as of Dec. 31, was neutral for spring wheat, supportive of durum, and pointed toward barley being somewhat […]

Klassen: Larger supplies of backgrounded cattle weigh on feeder complex

Feb. 7, 2023 at 2:14 am CST

By Jerry Klassen

Prairie cash wheat: Spring wheat bids edge higher

Feb. 3, 2023 at 8:11 pm CST

By Phil Franz-Warkentin

Feed weekly outlook: Prairie markets hold steady

Feb. 2, 2023 at 8:04 pm CST

By Phil Franz-Warkentin

Klassen: Feeder market percolates higher amid finicky buyers

Jan. 31, 2023 at 8:05 pm CST

By Jerry Klassen

Préval closes deal for Alberta lamb processor, feedlot

Jan. 30, 2023 at 12:56 pm CST

Quebec agrifood firm Préval Ag has wrapped up its deal to buy the Alberta processing and production assets of the defunct North American Lamb Co., marking Préval’s first move into the lamb sector outside its home province. As per Alberta Farmer’s report last week, Préval confirmed Monday its divisions Westfine […]

By Dave Bedard

Prairie cash wheat: Bids mixed as U.S. futures rise

Jan. 27, 2023 at 8:30 pm CST

MarketsFarm — Canada Western Red Spring and Canada Western Amber Durum wheat prices declined while bids for Canada Prairie Spring Red rose during the week ended Jan. 26. Wheat futures in the U.S. fell Monday, with the March contracts on the Chicago Board of Trade (CBOT) dropping 21 to 29 […]

By Adam Peleshaty

Feed weekly outlook: Barley, wheat prices continue downward

Jan. 26, 2023 at 6:17 pm CST

MarketsFarm — As colder temperatures descend onto the Prairies, buying activity for feed barley and wheat was just as frigid. “A lot of guys are fairly caught up with purchasing,” said Mike Fleischhauer of Eagle Commodities Inc. in Lethbridge. “You see the prices of wheat and barley start to trickle […]

By Adam Peleshaty

Prairies’ warmer spell to be usurped by arctic front

Jan. 24, 2023 at 2:03 pm CST

MarketsFarm — While the Prairies have so far this month experienced rather non-January-like temperatures, a cold front coming south from the Arctic will soon descend on the region, according to Scott Kehler, president and chief scientist of Weatherlogics in Winnipeg. “What we are seeing is a big change in the […]

By Glen Hallick - MarketsFarm

Klassen: Feeder market’s upward trend continues

Jan. 24, 2023 at 5:06 am CST

Compared to last week, western Canadian feeder cattle markets traded $2-$3/cwt higher on average. Southern Alberta appeared to lead Western Canada. Prices in the Lethbridge area were up $8/cwt to as much as $15/cwt from week-ago levels. Major operations have liquidated a significant amount fed cattle and become more current […]

By Jerry Klassen