MarketsFarm — Canadian imports of corn from the United States are picking up and could hit a record this year, given the tight supply situation across the Prairies. The most recent export sales data from the U.S. Department of Agriculture showed Canada as the country’s largest corn customer during the week ended Nov. 11, accounting […] Read more
Tag Archives Barley — page 28
Feed weekly outlook: Record imports of U.S. corn likely
Feeders will need to scale back barley usage
Klassen: Feeder market continues downward slide
Prairies' snowstorm leads to risk discount
Compared to last week, western Canadian yearling prices were steady to $2 lower; calves traded $2-$4 below week-ago levels. Saskatchewan and Manitoba experienced their first major snowstorm of the season last week. The market tends to incorporate a risk discount for adverse weather as buyers factor in higher death loss. Also, major feedlot operators believe […] Read more
Feed weekly outlook: Barley, wheat prices among highest ever
MarketsFarm — Feed grain prices continue to push higher following a somewhat disappointing harvest on the Prairies this year, according to Glen Loyns, general manager of JGL Commodities at Moose Jaw, Sask. “We’re seeing upticks on all feed. Everything is up. You’re seeing high prices on wheat and barley. And you’re going to continue to […] Read more
Klassen: Feeder market on soft slope
Compared to last week, western Canadian yearling prices were steady to $2 lower on average while calves traded steady to as much as $4 lower in certain regions; calves under 550 pounds were quoted $3-$6 below week-ago levels. Barley and wheat prices continue to percolate higher, causing a defensive sentiment amongst buyers. Southern Alberta and […] Read more
Feed weekly outlook: U.S. corn filling Canadian feed shortages
MarketsFarm – As winter approaches, corn is making up a greater appearance in feed channels, supplanting barley and wheat in the process. “In Western Canada, the yields were significantly lower than average. So we’re importing a lot of feed into Western Canada, mostly corn and corn with DDGs (dried distillers’ grains),” said Allen Pirness, manager […] Read more
Feed weekly outlook: Almost out of space for corn
MarketsFarm – At this point of the fall, there’s not much room still to be had for feed corn, according to Brandon Motz of CorNine Commodities in Lacombe, Alta. In the meantime, prices for feed barley and wheat continued to push higher. “The in-bound corn is picking up and we are starting to see new […] Read more
Canada’s small, high-protein malt barley crop poses challenges
MarketsFarm — The hot and dry 2021 growing season cut significantly into Canada’s barley production, with the weather also leading to higher protein levels for what was harvested. “It will be an extremely tight and difficult year for the malt processors and ultimately for the brewers as well,” said Peter Watts, managing director of the […] Read more
Exports tumble as supplies simply not there
'There's very little to sell'
MarketsFarm — Cereal and oilseed exports out of Canada nosedived in August just as the 2021-22 marketing began, according to the monthly export report from the Canadian Grain Commission (CGC). At about 2.24 million tonnes, total grain exports were down 38.5 per cent overall compared to those in August 2020. “There’s very little to sell. […] Read more
Klassen: Feeder market continues consolidation
U.S. corn northbound into Prairies
Compared to last week, western Canadian yearling prices were relatively unchanged while calf markets were down $2-$3 on average. Feedlot inventories in Alberta and Saskatchewan are 30 per cent above the five-year average; therefore, demand is lacking moving into the main marketing period for calves. Finishing feedlots have sufficient ownership and being fairly finicky on […] Read more
Canola exports down 72 per cent through eight weeks
MarketsFarm — Canadian canola and wheat exports continue to run well behind the year-ago pace, with movement of all crops down 34 per cent through the first eight weeks of the 2021-22 crop year. Total exports of all of the major grains, oilseeds and pulses as of Sunday, at 4.714 million tonnes, are down by […] Read more
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