MarketsFarm — The price of feed barley in Western Canada, along with those of other feed grains such as corn and wheat, has jumped over the past year and shows no signs of a drop-off. Mike Fleischhauer of Eagle Commodities in Lethbridge said international demand — especially in China, Japan and India — has grown […] Read more
Tag Archives bids — page 3
Feed weekly outlook: High barley prices to stay awhile
Canary seed competing with other crops on the rise
'There's a fight for acreage'
MarketsFarm — During the fall of 2020, canary seed crossed above the 30 cents per pound mark — where it’s currently staying. And those who work with the crop expect its price to remain above that mark this year. David Nobbs, pulse merchant for Purely Canada Foods at Saskatoon and former chair of the Canary […] Read more
Klassen: Feeder cattle demand surges
Cow-calf producers already thinking spring
Compared to last week, western Canadian yearlings sold $3-$5 higher while calves traded $6 to as much as $10 higher. The return of moderate temperatures enhanced buying enthusiasm across the Prairies. Strength in deferred live cattle futures appeared to offset strong feed grain values. Yearling prices were rather soft through January and the first half […] Read more
Oat prices running out of upside
MarketsFarm — Oat prices in Western Canada have shown some strength over the past year, but competition from other crops will likely lead to an acreage reduction this spring despite the firm prices, according to market participants. Ryan McKnight, from Linear Grain at Carman, Man., had seen prices for the crop rise last fall, but […] Read more
Cattle set-aside programs winding down
Final enrolment deadlines set for Saskatchewan, Alberta programs
AgriRecovery programs set up in Saskatchewan and Alberta to help cover feed costs for cattle producers unable to ship livestock to slaughter are gearing down, while Ontario’s program begins a third intake. Saskatchewan Crop Insurance Corp. announced Friday that the province’s AgriRecovery set-aside program will end March 31, 2021, with Jan. 19 now set as […] Read more
ICE weekly outlook: Rallying canola not at top yet
MarketsFarm — ICE Futures canola contracts continued to climb higher during the first few trading days of 2021 — and could still see more gains before the inevitable correction. “We’re not necessarily at the top,” said analyst Errol Anderson of Pro Market Communications in Calgary, adding “the market is going through intense demand rationing right […] Read more
Grain Farmers of Ontario to wind down wheat pool
Programs to end after 2020 marketing year
The remnants of Ontario farmers’ former single wheat marketing desk are set to disappear at the end of the 2020 crop marketing year. Grain Farmers of Ontario, which inherited the pooling system from one of its heritage organizations, the Ontario Wheat Producers’ Marketing Board, announced Tuesday it will wind down its wheat pool and its […] Read more
Klassen: Feeder market grinds lower
'Is there no grain in this country?'
Compared to last week, prices for western Canadian yearlings weighing over 900 lbs. were down $4-$8 on average; yearlings weighing between 800-900 lbs. were down $2-$4; calves under 800 lbs. were down $8-$12, with the exception of Manitoba, where lighter calves traded $3-$5 below week-ago levels. Feedlot operators are asking, is there no grain in […] Read more
Feed weekly outlook: Demand keeps Canadian barley well supported
MarketsFarm — Solid demand continues to keep feed barley bids in Western Canada well supported, as end-users work to secure supplies in anticipation of tightening stocks going forward. “Competition for barley is coming from every which direction: grain companies exporting barley, feedlots trying to cover barley, and grain companies trying to cover feedlots,” said Jim […] Read more
Feed weekly outlook: Prices stronger after harvest
MarketsFarm — Feed grain prices have been higher as the harvest has concluded across most of the Canadian Prairies. “It feels like last week and this week, the harvest has wrapped up in many areas,” said Allen Pirness, a trader with Market Place Commodities in Lethbridge. “That should switch the focus for getting the crop […] Read more
Cyber-Savvy Farmer
