FED PRICES RISE The fed steer weekly average was $114.35 per hundredweight, up $1.77, and heifers were $113.82, up $1.66. The stronger U.S. cash market and weaker Canadian dollar encouraged buying interest from the United States. Open cash offering accounted for a third of the list, and the Alberta-Saskatchewan show list volumes were the smallest […] Read more
News
Canfax Report – for Nov. 24, 2011
Committee reviewing gun registry hears from both sides
For the Conservatives last week, front-line police officers like Murray Grimmer and Randall Kuntz were the face of why the government is killing the long gun registry. Det. sgt. Grismer, a firearms specialist and instructor with the Saskatoon Police Service, told a House of Commons committee studying Bill C-19 that the registry is an ineffective […] Read more
Red Simmental draws $21,000 at Headliner sale
EDMONTON — Maureen Mappin-Smith had the sale of her career when her 10-month-old Simmental heifer sold for $21,500 in an all breeds sale at Farmfair in Edmonton. “We got lucky. All the stars lined up. This is the most money we ever got for an animal,” she said. “I really didn’t do much work with […] Read more
U.S. winter wheat bounces back with rain
World wheat markets are closely following the condition of the winter wheat crop in Kansas, Oklahoma and Texas, which has received recent welcome rain. “There’s going to be a direct correlation between wheat prices and the state of the U.S. crop,” said Canadian Wheat Board market analyst Neil Townsend. If that crop somehow rebounds from […] Read more
Russia to sell 49 percent of state owned grain trader
MOSCOW, Russia (Reuters) – The Russian government will sell about 49 percent of the country’s main state grain trader, according to an order signed by president Dmitry Medvedev and published in the government gazetteRossiiskaya Gazeta. It orders the government to organize an additional issue of shares in the trader, the United Grain Co., within six […] Read more
Flood takes toll on Manitoba ranching family
“Tom, there’s the goat,” exclaimed Michelle with a burst of unexpected happiness as she and her husband showed a visitor her farm’s flood-ravaged yard and adjoining reed-covered pasture. “I hadn’t expected to see that one again.” A couple of hundred metres away, a white goat picked its way through the wild growth and new brush […] Read more
India chickpea growers boost production
The world could soon be awash in chickpeas, says a pulse market analyst. India has announced its minimum support prices (MSP) for its rabi or winter crop and it is clear the government is intent on substantially boosting pulse acres to make up for the disappointing kharif or summer crop plantings. “The chickpea (MSP) is […] Read more
Sask. farmer raised world champion Clydesdale
YORKTON, Sask. — The world’s best Clydesdale was born on a farm near Canora, Sask. Donegal Dr. Pepper was named supreme champion at the World Clydesdale Show in Madison, Wisconsin, in late October. It was only the second world show held, the first being in 2007. The six-year-old stallion was raised by Greg Gallagher of […] Read more
Drastic measures
If it really is a matter of choice, why do those grain producers not use the buyback clause available to them under the rules of the Canadian Wheat Board? That way they could sell to anyone they chose. Why is it necessary to destroy the board that the majority of farmers want and need? The […] Read more
Weak corn markets coming?
Worries about exceptionally tight world grain stocks are receding except for corn, and its shortage is helping to prevent a general grain price retreat. Barring a collapsed world economy, grain and oilseed prices will likely remain attractive up until seeding season, but if Mother Nature cooperates next year, the world’s farmers might catch up with […] Read more
