Reading Time: < 1 minute MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by Vancouver and the export business,” said Allen Pirness, of Market Place Commodities in Lethbridge, on the continued strength in barley bids. Typically, arbitrage opportunities would […] Read more
Tag Archives Barley
Feed weekly outlook: Offshore demand still lifting Prairie barley
Feed weekly outlook: Barley market’s eye on exports, corn prices
Reading Time: < 1 minute MarketsFarm — Strong export demand for Canadian barley and rising corn prices in the U.S. are expected to continue to keep feed prices well supported in Western Canada. “Feed grains are being squeezed by lower imports of U.S. corn into Western Canada,” analyst Chuck Penner of Leftfield Commodity Research said in a presentation Tuesday for […] Read more
Feed weekly outlook: Barley, wheat prices very likely to increase
Increases seen tied to rising U.S. corn
Reading Time: < 1 minute MarketsFarm — Two Alberta traders believe strong feed grain prices will continue to push higher over the next week of January, with much of the upswing tied to the rise in corn prices in the U.S. “As corn edges higher, becoming the preferred direct replacement to barley, your barley floor comes up and wheat starts […] Read more
New plant growth regulator for cereal crops registered
Reading Time: < 1 minute Syngenta Canada recently announced the registration of Moddus, a new plant growth regulator that helps to mitigate lodging risk in wheat, barley and oats. Crops that have lodged may suffer lower yields due to poor grain fill and lost grain. Farmers must often contend with delayed harvests, heavier workloads and increased grain cleaning, drying and […] Read more
Feed weekly outlook: Barley market cools ahead of New Year
More strength is still likely, however
Reading Time: < 1 minute MarketsFarm — The feed market in Western Canada may be stabilizing heading into the holiday season, but underlying fundamentals remain supportive and could lead to more strength in the New Year. While the market was holding steady in mid-December, “I think it will go back up in January/February/March,” said Mike Fleischhauer of Eagle Commodities in […] Read more
Australia to appeal at WTO over China’s barley tariffs
China in May imposed tariffs totalling 80.5 per cent
Reading Time: 2 minutes Sydney | Reuters — Australia will launch a formal appeal to the World Trade Organization (WTO) later on Wednesday seeking a review of China’s decision to impose hefty tariffs on imports of Australian barley, Minister for Trade Simon Birmingham said. Acknowledging the appeal may take years to be resolved, Birmingham told reporters Australia would also […] Read more
Feed weekly outlook: Prairie prices remain strong
Exports, domestic use both up on year
Reading Time: 2 minutes MarketsFarm — Feed grain prices in Western Canada held steady during the first week of December as solid export demand from China continues to underpin the domestic feed market. “Demand has backed off a little bit for December. We’ve seen a flattening [of prices], but I think that’s just a step back for now,” said […] Read more
Grain, oilseed exports well ahead of year-ago
Chinese demand up substantially for Canada's crops
Reading Time: < 1 minute MarketsFarm — Canadian grain exports continue to run at a very solid pace, with canola, wheat and barley movement-to-date all up substantially on the year. Total exports of Canada’s major grains and oilseeds as of Nov. 29 came in at 18.9 million tonnes, according to Canadian Grain Commission (CGC) data. That’s up by nearly five […] Read more
Feed weekly outlook: Export demand supports prices
Reading Time: < 1 minute MarketsFarm — Feed grain prices remain strong into the winter, due to steady feedlot demand and solid export activity. Brandon Motz of CorNine Commodities at Lacombe, Alta. said feedlots have freed up some pen space after COVID-19 shutdowns created backlogs, but demand remained steady. “There’s more pen space in southern Alberta, compared to other years,” […] Read more
Klassen: Feeder market incorporates risk discount
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were unchanged; however, calves weighing 550 to 800 lbs. traded $3-$5 lower. The market for calves under 550 lbs. traded $5 lower to $3 higher. Early in the week, prices were showing some strength in the lighter weight categories but buying enthusiasm waned from Wednesday through Friday. […] Read more
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