Latest Newsletter

Tag Archives Barley — page 15

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Canadian feeder market rationing demand

Improvement seen in feeding margins

By
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 futures set a positive tone. Recent rains have enhanced yield potential for the Canadian barley crop, which also underpinned nearby cash values. Alberta packers were […] Read more
(Viterra.ca)
Crops, Markets

April grain deliveries see increases all around

Barley deliveries up sharply

By
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 3.44 million tonnes of grain were delivered, versus 2.46 million a year ago. The uptick in deliveries continued to demonstrate the sizeable harvest farmers reaped […] Read more
File photo of a barley seedling. (SusanHSmith/iStock/Getty Images)
Crops, Markets

Feed weekly outlook: Rain falls, grain prices to follow

U.S. corn values expected to decline

By
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 going, (prices) are going to lower down quite a bit,” Mike Fleischhauer of Eagle Commodities Ltd. at Lethbridge said. “The corn market over the next […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Barley market steady for now

Feedlots still importing U.S. corn

By
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 uptick in demand for quick movement presenting good opportunities for producers ready to sell,” Alberta grain brokerage Agfinity said in a note to clients. “However, […] Read more
File photo of a barley seedling. (SusanHSmith/iStock/Getty Images)
Crops, Markets

Feed weekly outlook: Short-term premiums add to fluctuations

Truckers seen trying to stay as local as possible

By
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 through the coming weeks and offered premiums. “Which is a shock for seeding season,” she said, suggesting it’s best to shop around, with prices fluctuating […] Read more
(Dave Bedard photo)
Crops, Markets

Latest StatCan stocks report ‘least important of them all’

Wheat, canola numbers not expected to have significant impact on markets

By
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 run of StatCan reports that we get through the year, whether they’re acreage, production or ending stocks, this report in May is the least important […] Read more
Photo: File
Crops, Markets

Feed weekly outlook: Futures pressure Canadian prices

Some buyers still seeking coverage

By
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 Inc. at Stony Plain, Alta., said futures markets are also playing their part in pressuring feed grain prices. “Especially with the wheat markets due to […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle supplies remain snug

Feedlots expect significantly cheaper barley come harvest

By
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 there were larger volumes of fleshier yearlings. Cattle with heavier butter levels were discounted from our listed values by $5 to as much as $10. […] Read more
File photo of a barley seedling. (SusanHSmith/iStock/Getty Images)
Crops, Markets

Feed weekly outlook: Grain area to increase this year

Oats area expected to be reduced

By
MarketsFarm — Early signs point to increased Canadian feed grain production in 2023-24, with record corn acreage intentions and increases in both barley and wheat area on the year, according to the latest estimates from Statistics Canada. Planted corn area in the country is forecast at 3.725 million acres in 2023, which would be up […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast