Feed barley bids in Western Canada continue to find some support as the calendar turns to spring, with seasonal road restrictions lending some nearby support to prices.
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Tag Archives barley bids
Seasonal trends underpinning feed grains for now
Feed weekly outlook: Falling corn prices not spurring new demand
Feed barley bids in Alberta, Manitoba up from month-ago
MarketsFarm — Falling prices for U.S. corn futures on the Chicago Board of Trade (CBOT) are having little effect on shipments going to Alberta feedlots, according to one grain buyer. The September corn contract fell to its lowest price since January 2021 when it dropped to US$4.79 per bushel on Wednesday, before closing at US$4.8525/bu. […] Read more
Feed weekly outlook: Softening barley market to stabilize
MarketsFarm — Feed barley bids in Western Canada have softened over the past few weeks, but should stabilize as the spring approaches. “I don’t think there’s a lot of potential to push this thing much higher, and I don’t think the bottom will fall out either. What you see is what you get,” Matt Froehlich, […] Read more
Feed weekly outlook: A tale of two Prairie grain markets
MarketsFarm — Tight old-crop supplies may be keeping nearby barley bids underpinned on the Prairies — but expectations for increased acres in 2019 mean new-crop bids are at a considerable discount. “It’s a tale of two markets right now,” said Glen Loyns, general manager of JGL Commodities at Moose Jaw, pointing to the large spread […] Read more
Feed weekly outlook: Tight supplies, good demand support barley
Solid demand, both domestically and internationally, coupled with tightening world supplies is keeping barley bids well supported in Western Canada and should lead to increased acres this spring. “The price of feed barley is staying historically high,” said Brian Otto, chair of the Barley Council of Canada, noting feed barley at Lethbridge was currently trading […] Read more
Feed weekly outlook: Prairie grains continue strong rally
CNS Canada — The rally on which southern Alberta feed grain prices have been riding since the start of the year continued this week. “Right now (we’re seeing) some of the best prices on barley for farmers that have been seen in Alberta for a while,” said Joshua Boyko of CorNine Commodities in Lacombe. According […] Read more
Feed weekly outlook: Prairie feed grain prices on rise
CNS Canada — Prices are rising for feed grains in Lethbridge, with buyers starting to consider their options. “Seems every day this last week we’re surprised at higher offers being triggered than the day before,” said Jared Seitz, trade manager with Agfinity Inc. In Lethbridge, feed barley bids last week were at $5 per bushel […] Read more
Firm feed barley market capped by U.S. corn
CNS Canada — Feed barley bids in Alberta have shown some strength post-harvest and look to remain firm heading through the winter. However, the threat of U.S. corn imports will likely cap the upside. “Barley’s been on the rise here,” said Jared Seitz of Agfinity at Spruce Grove, Alta. Some U.S. corn was crossing the […] Read more
Strong demand keeps Prairie feed barley well supported
CNS Canada — Feed barley bids remain well supported in Western Canada, as solid demand and reluctant farmer selling keep the market underpinned heading into the summer months. “There is pretty decent demand. I’d say higher than average for this time of year,” said Brandon Motz, sales manager with CorNine Commodities in Lacombe, Alta. Strong […] Read more
Rising feed grain prices set to hit seasonal plateau
CNS Canada –– Feed barley bids in Alberta have shown some strength over the past few weeks, but may be nearing their highs if seasonal price trends come into play. Barley in the key cattle feeding area of Lethbridge, Alta. is currently trading at about $170 per tonne, up by about $10 over the past […] Read more
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