Compared to the week ending March 2, western Canadian yearling prices were $3-$5 lower on average. Mid-weight replacements in the range of 650-800 lbs. were down $8-$12. Steer calves under 650 lbs. traded steady to $5 lower. Heifer calves under 650 lbs. were also down $8-$12. The market was hard to define for heifer calves […] Read more
Tag Archives Barley — page 25
Klassen: Feedlots value feeders on finished cattle price projections
Farmers’ CWB class action lawsuit gets certified
Suit claims federal government wrongly used farmers' money to help privatize the Wheat Board
A class action lawsuit alleging the government of Canada and G3 Canada Ltd. unlawfully used millions of farmer dollars to privatize the Canadian Wheat Board (CWB) has been certified after wending its way through the courts for 10 years. Court of Queen’s Bench Justice Chris Martin delivered his written judgment Tuesday in Winnipeg, clearing the […] Read more
Feed weekly outlook: Low demand, fewer acres expected for cheaper feed barley
MarketsFarm — As corn became the primary feed grain at Alberta feedlots over the past few months, the demand for — and price of — feed barley have diminished over time. But according to one trader, this won’t mean demand will shift from corn to barley anytime soon. Evan Peterson of JGL Commodities in Saskatoon […] Read more
Feed weekly outlook: Corn prices steady, growers watch weather
MarketsFarm — Days after a work stoppage at Canadian Pacific Railway (CP) came to an abrupt end, prices for corn have been relatively stable, according to one trader. Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said there has been little price movement for the feed grain staple recently as most feedlots are already set […] Read more
Feed weekly outlook: Prices likely to hold firm after CP stoppage
MarketsFarm — Feed prices have remained fairly steady over the last week and are likely to continue to do so in the coming week, according to Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “I don’t see anything drastically changing in the next week,” she said. Harakal added there was nervousness in the […] Read more
Feed weekly outlook: Sector bracing for logistics challenge
A CP lockout could put feeders weeks behind in supplies
MarketsFarm — Feed grain buyers in Alberta’s feedlot alley are well covered with contracted supplies, but the logistics of getting that grain where it needs to be are facing some uncertainty with looming labour action at Canadian Pacific Railway. Buyers in feedlot alley are about 80 per cent covered right now, said Jim Beusekom of […] Read more
Feed weekly outlook: Fuel, other factors to affect grain prices
MarketsFarm — As fuel prices continue to rise due to Russia’s invasion of Ukraine, surcharges for grain shipments are also increasing — leaving many to wonder about feed grain costs moving forward. “I think we will be seeing an effect coming up,” said Brandon Motz, owner and sales manager of CorNine Commodities at Lacombe, Alta. […] Read more
Low demand for barley keeps prices stable
Wheat's volatility not reflecting onto barley values
MarketsFarm — Unlike the dramatic leaps wheat prices have made since the Russian invasion of Ukraine 12 days ago, malt barley prices have moved very little, according to Kris Moric of Johnston’s Grains in Calgary. Wheat “is not pulling barley prices with it, as far as we can see on our end,” Moric said, noting […] Read more
Feed weekly outlook: Rising oil prices increase freight charges
MarketsFarm — Acquiring livestock feed has been increasingly expensive as Russia’s ongoing invasion of Ukraine, and a retaliatory ban on Russian oil imports by many Western nations, has caused oil prices to severely rise every day. As corn imports from the U.S. continue to make their way into Alberta feedlots, the cost to transport them […] Read more
Feed weekly outlook: Prices steady, but changes coming
Feedlots moving to full corn rations
MarketsFarm — With feed barley and wheat supplies on the verge of running out, prices remain firm, according to Mike Fleischhauer of Eagle Commodities in Lethbridge. “They’re on the positive side of stationary,” he said, noting prices could soon change following the Russian invasion of Ukraine on Thursday. “With what’s going on with Ukraine and […] Read more
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