MarketsFarm — As spring planting approaches, Peter Watt of the Canadian Malting Barley Technical Centre (CMBTC) said there likely won’t be a big shift in barley acres that will be planted in 2023. “Producers have made their [planting] decisions for the most part. You might see people adjust their plans a little bit based on […] Read more
Tag Archives Barley — page 18
Little change in barley acres expected
Malt barley prices mainly steady
Feed weekly outlook: Corn the choice crop in feedlots
'Bigger feedlots are looking for volume'
MarketsFarm — Copious amounts of corn are still being delivered to feedlots in southern Alberta despite slowly declining prices for other feed grains. “Corn is coming down over the last little bit,” Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said. “You think that there would be a little bit more barley hitting the market. […] Read more
Record winter crop production expected for Australia
Summer crop production seen down on year
MarketsFarm — Australia will see its highest-ever winter crop production thanks to record wheat and canola harvests, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) released Monday. Winter crop production in Australia is estimated at 67.6 million tonnes, up 8.4 per cent from ABARES’ crop […] Read more
Klassen: Calves jump on corn outlook
Softer barley values underpin yearling market
Compared to last week, western Canadian feeder cattle markets traded $5 to as much as $12 above week-ago levels. Alberta packers were buying fed cattle on a dressed basis in the range of $332-$335 delivered, up $5-$8 from last week. Stronger fed cattle prices and softer barley values underpinned the yearling market. Buyers were finicky […] Read more
Feed grain weekly: Prices slip back on good supplies
Demand for corn from Manitoba, U.S. wanes
MarketsFarm — There are sufficient supplies of feed barley, wheat and corn across the Prairies, according to Evan Peterson, trader with JGL Commodities. In turn, that’s putting pressure on prices. Peterson said a shortage of trucks and truck drivers last summer and fall led buyers to acquire as much feed as possible to get through […] Read more
Grain deliveries surge January over January
Data marks recovery from 2021 drought
MarketsFarm — Producer deliveries of major grains were up sharply last month when compared to January 2022, according to Statistics Canada (StatCan). At more than 5.36 million tonnes, those deliveries jumped 85 per cent when comparing January to January. The spike in deliveries reinforced the significant recovery on the Prairies from the drought in 2021. […] Read more
Feed weekly outlook: Grain bids quietly drift lower
Oats still making their way into feedlots
MarketsFarm — Prices for feed barley and wheat in Western Canada drifted lower during the week ended Wednesday. Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta., said a relatively milder winter across the Prairies has resulted in less consumption of feed grains in feedlots. In turn, feedlots are not purchasing as much […] Read more
Feed weekly outlook: Grain stocks set tone for barley, wheat
Barley expected to go bullish in April, May
MarketsFarm — Statistics Canada’s (StatCan) grain stocks report issued earlier this week largely met trade expectations, according to Winnipeg-based independent trader Jerry Klassen. The survey-based report, which estimated the country’s grain stocks as of Dec. 31, was neutral for spring wheat, supportive of durum, and pointed toward barley being somewhat bullish come spring, he said. […] Read more
Feed weekly outlook: Prairie markets hold steady
U.S. corn imports keep lid on domestic grains
MarketsFarm — Feed grain markets in Western Canada have seen little change over the past few weeks. Feed barley bids across Western Canada have generally held steady over the past month, with the spot market topping out at $9.58 per bushel in Alberta, according to Prairie Ag Hotwire data. Prices in Manitoba and Saskatchewan are […] Read more
China top destination for Canadian grains, oilseeds
CGC data points to key destinations
MarketsFarm — China is the top destination for Canadian grain and oilseed exports through the first five months of the 2022-23 marketing year, accounting for roughly a third of the total movement, according to the latest monthly report from the Canadian Grain Commission. Canada has exported 6.566 million tonnes of grains, oilseeds, and pulses to […] Read more
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