MarketsFarm — Production of most of Canada’s major grain, oilseed and pulse crops was down substantially in 2021-22, as drought conditions across the Prairies cut into yields, according to preliminary estimates released Monday by Statistics Canada. Of the major crops, only corn was expected to see a slight increase in production on the year as […] Read more
Tag Archives Barley — page 30
StatsCan confirms Canada’s crop production down in 2021
Corn expected to be lone exception
Smaller crops anticipated in looming StatsCan report
Survey-based data due out Monday
MarketsFarm — Heat and drought across Western Canada during the summer of 2021 seriously cut into the country’s crop production, raising traders’ expectations for reduced yields across the board when Statistics Canada on Monday releases its first production estimates of the year. Canola production is estimated at 11.5 million to 16 million tonnes, which would […] Read more
Feed weekly outlook: No surprises in latest barley numbers
MarketsFarm — Following the release of monthly supply and demand estimates from Agriculture and Agri-Food Canada (AAFC) Thursday, Brandon Motz of CorNine Commodities at Lacombe, Alta. wasn’t surprised at how low the numbers dropped, particularly for barley. Motz commented the harvest hasn’t been as good as initially thought, noting the AAFC report confirmed the situation […] Read more
Klassen: Higher input costs limit upside for feeder cattle market
Compared to last week, Western Canadian yearling prices were quite variable trading $5 higher to as much as $6 lower. Calf prices have been consolidating over the past couple weeks and once again traded $3 to $4 on either side of unchanged. Strong demand was evident for 800-pound-plus yearlings fresh off grass. Feedlots in the […] Read more
Klassen: Strong demand underpins yearling market
Western Canada will be seeking U.S. corn
Compared to last week, western Canadian yearling prices were unchanged to as much as $4 higher in some cases; calf markets traded $2-$3 on either side of unchanged as prices were quite variable across the Prairies. Major feedlot operators were extremely aggressive for yearlings. Larger groups of one-cut cattle were very well bid. April live […] Read more
Feed weekly outlook: Prices to decline in September
MarketsFarm – As the harvest approaches, the yield potential for feed grains in Alberta may depend on where they are grown, according to Erin Harakal, trade manager for Agfinity Inc. in Stony Plain, Alta. “From what I hear, it’s going to be a bit lower (than average), (but) I think it’s going to be a […] Read more
Feed weekly outlook: DDGs becoming another feed option
MarketsFarm – As traditional feed grains such as barley and wheat become more expensive due to persistent drought-like conditions in the Prairies, many feedlots are using alternative sources of feed for their animals. Dried distillers grains with solubles (DDGs), the grain by-products which remain after starch has been fermented through the making of alcohol or […] Read more
Klassen: Drought conditions spur on fall cattle run
Compared to last week, Western Canadian feeder yearling prices were relatively unchanged; calves traded $2 to $5 lower. The fall run has started. Drought like conditions have caused many ranchers to sell cattle 30 to 45 days earlier than normal. Steers averaging 900 pounds were readily trading in the range from $185 to $190; steers […] Read more
Feed weekly outlook: Reduced yields starting to become a reality
MarketsFarm – As old crop stocks of feed barley and feed wheat continue to dwindle, the realization of reduced yields is now supporting bids for new crop. “Down here, there are a few guys that are starting to pull off some barley here in the next little bit. You’re going to find that the barley […] Read more
Klassen: Feed barley rally pressures feeder cattle market
Compared to last week, Western Canadian yearling steers traded $4 to $8 lower while heifers were down $2 to $4. Calves traded $5 to as much as $10 below week-ago levels. Feed barley in the Lethbridge area traded in the range of $390/tonne to as high as $415/tonne, up $25-$30/tonne from seven days earlier. Crop […] Read more
Cyber-Savvy Farmer
