For the week ending Saturday, western Canadian feeder markets averaged $3-$6/cwt higher compared to seven days earlier. Weakness in the Canadian dollar along with strength in the deferred live cattle […] Read more
Barley
Klassen: Canadian feeder market rationing demand
Improvement seen in feeding margins
April grain deliveries see increases all around
Barley deliveries up sharply
MarketsFarm –– Producer deliveries of major grains last month were up nearly 40 per cent when compared to April 2022, according to Statistics Canada (StatCan). In April 2023 more than […] Read more
Feed weekly outlook: Rain falls, grain prices to follow
U.S. corn values expected to decline
MarketsFarm — Feed grain prices in Western Canada are showing the usual seasonal weakness as spring seeding continues, but prices are set to fall further. “I think as we get […] Read more
AAFC projecting canola ending stocks to tighten
New-crop wheat ending stocks figure boosted
MarketsFarm — Canadian canola ending stocks in both the current marketing year and upcoming 2023-24 season will be tighter than earlier estimates, according to supply/demand projections from Agriculture and Agri-Food […] Read more
Feed weekly outlook: Barley market steady for now
Feedlots still importing U.S. corn
MarketsFarm — Feed barley bids in Western Canada continue to hold steady, while attention in the market turns to the new crop going into the ground. “There currently is an […] Read more
Klassen: Lower beef production forecast drives feeder market higher
Feedlots factoring in lower feed grain values
Compared to the week ending May 6, western Canadian yearling prices were $2-$4 higher while calf values were up $2 to as much as $8 on average. The feeder market […] Read more
Feed weekly outlook: Short-term premiums add to fluctuations
Truckers seen trying to stay as local as possible
MarketsFarm — Although most feed grain buyers were fairly well covered through spring seeding, Susanne Leclerc of Market Master Ltd. at Edmonton said some were looking for feed to get […] Read more
Latest StatCan stocks report ‘least important of them all’
Wheat, canola numbers not expected to have significant impact on markets
MarketsFarm — For MarketsFarm Pro analyst Mike Jubinville, there was little in the latest Statistics Canada (StatCan) grain stocks report that would budge the markets. “When I look at the […] Read more
Feed weekly outlook: Futures pressure Canadian prices
Some buyers still seeking coverage
MarketsFarm — Prices for feed grains in Western Canada continue to ease off, but seasonal activity isn’t the only reason contributing to the declines. Erin Harakal, trade manager at Agfinity […] Read more
Klassen: Feeder cattle supplies remain snug
Feedlots expect significantly cheaper barley come harvest
Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Premium low-flesh yearlings were one off bids $15-$20 above average. Cattle buyers commented that […] Read more
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