Insights and Stories on Markets

Jul. 26, 2022 at 7:00 am CDT

Compared to last week, western Canadian feeder cattle markets traded $2-$4 on either side of unchanged. Once again, overall volumes were limited, with small strings and singles moving through auction barns. The quality was quite variable and offbeat stragglers were quite common. Buyers incorporate a risk discount on these cattle; […]

By Jerry Klassen

Jul. 21, 2022 at 2:25 pm CDT

MarketsFarm — ICE Futures canola contracts were seeing choppy activity in mid-July but were under pressure overall, closing at their weakest levels in six months on Wednesday. Relatively favourable Prairie weather, speculative long-liquidation, and pressure from outside markets all weighed on values with more losses likely if no weather concerns […]

By Phil Franz-Warkentin

Jul. 21, 2022 at 2:12 pm CDT

MarketsFarm — Prices for feed barley and wheat in Western Canada are still higher than this time last year, but if large declines in those prices are any indication, the 2022 harvest is set to be more typical than that of 2021. The high-delivered bid for Saskatchewan feed barley is […]

By Adam Peleshaty

Jul. 19, 2022 at 3:08 pm CDT

Compared to last week, western Canadian yearling prices were steady to $2 higher on average while calf markets were up $2-$4. There was an increase in activity over the past week, although many auction barns remain in holiday mode. Major feedlot operators in southern Alberta were extremely aggressive on yearlings […]

By Jerry Klassen

Jul. 14, 2022 at 5:06 pm CDT

MarketsFarm — Feed grain bids in Western Canada continue to come under pressure, as feedlots chew through corn imports from the United States and wait on the new-crop harvest. “We’re certainly seeing things soften,” said grain trader Shaun Smith of Market Place Commodities in Lethbridge. Declines in the Chicago futures […]

By Phil Franz-Warkentin