Due to good supplies, prices for feed barley and wheat continued to slide back, according to Jim Beusekom of Market Place Commodities in Lethbridge, Alta.
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Tag Archives cattle feeders
Feed grain weekly outlook: Ample supplies pushing down prices
Livestock feeders well covered with U.S. corn, pressuring prices
Feed weekly outlook: Corn imports, larger crop prospects pressure barley
StatCan expected to raise barley crop estimate
MarketsFarm — The feed barley market in Western Canada remains relatively flat as steady corn imports from the U.S. keep domestic feeders well supplied. Ideas that Canadian production ended up above earlier expectations were also keeping a lid on the domestic market. Delivered barley into the Lethbridge, Alta. area is currently priced in the $300-$320 […] Read more
Alberta lifts feeder loan guarantee limit
Amendment boosts individual limit by 50 per cent
Alberta has boosted the limit on the size of loan available under its Feeder Associations Loan Guarantee program, aiming to help producers keep up against rising livestock prices. An order in council amending the provincial Feeder Associations Guarantee Regulation was approved Monday, raising that program’s individual and joint-membership loan limit to $3 million, from $2 […] Read more
Ag industry groups seek legislated end to CP stoppage
Feed, fertilizer traffic already way behind, groups say
Warning they don’t have time to wait on negotiation, representatives for cattle feeders, fertilizer producers and grain growers took to Parliament Hill on Monday to press for the federal government to instead legislate Canadian Pacific Railway’s engineers and conductors back to work. Traffic halted on CP lines just after midnight ET Sunday morning as the […] Read more
CP to lock out engineers, conductors starting Sunday
'Cannot prolong the uncertainty,' CEO says
Canadian Pacific Railway has served its unionized engineers, conductors and train and yard service staff with notice of a lockout to start just after midnight ET on Sunday, unless the company and union agree on a new labour deal by then. Calgary-based CP and the Teamsters Canada Rail Conference (TCRC), which represents about 3,000 CP […] Read more
Feed weekly outlook: Canadian markets firm, waiting on U.S. corn
MarketsFarm — Canadian feed grain bids remain strong, although end-users are only buying on a hand-to-mouth basis as they await an influx of cheaper corn imports from the U.S. “Everybody is waiting on the corn situation to figure out where we’ll go,” said Suzanne Leclerc, owner of Market Master Ltd. in Edmonton. “Buyers are buying […] Read more
Klassen: Stronger barley prices weigh on feeder market
Compared to last week, western Canadian yearling prices were steady to $2 lower; calves weighing 500 to 650 lbs. traded $2-$4 lower while lighter weights under 500 lbs. were steady to $5 higher. There is a distinct price structure for each weight category, depending on the time frame for the finished animal. The overall feeder […] Read more
Feed weekly outlook: Slaughterhouse closures lead to adjustments
MarketsFarm — The closure of one of Canada’s largest beef slaughterhouses will lead to adjustments in the cattle feeding sector, as animals will be fed longer but on different rations. Cargill’s meat processing plant at High River, Alta. slaughters roughly 40 per cent of all the cattle butchered in Canada. The plant is to be […] Read more
Foreign workers starting to arrive, livestock group says
About 2,000 have recently arrived, several thousand more here soon, feeders say
About 2,000 foreign workers have arrived in Canada in recent weeks and more should be here soon, an official with the National Cattle Feeders Association says. “There are about 4,000 more that are expected to arrive shortly, so the process is starting to work,” Janice Tranberg, the association’s president and CEO, said during a telephone […] Read more
COVID-19 strains already-battered Ontario beef industry
Limited processing capacity remains financial challenge for province's feedlot sector, despite recent increase in retail demand
Ontario’s beef industry was already in the midst of an economic crisis, but COVID-19 is worsening the financial toll on the province’s cattle feeders. Due to extremely limited processing plant capacity, an uncompetitive market and disruptions to trade and market access, Ontario’s beef industry was losing an average of more than $2 million per week […] Read more
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