Feed grain markets in Western Canada remain under pressure, with end users well covered and farmers still sitting on large amounts of unpriced grain.
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Tag Archives corn imports
Prairie feed market remains under pressure
U.S. corn imports adding to lack of demand for domestic barley
Feed grain weekly outlook: Buyers looking towards springtime
Analysts suggest farmers will grow less barley
Feedlots continued to purchase corn imports from the United States, putting pressure on feed barley and wheat prices in Western Canada. However, the prospective of fewer planted acres this spring could give prices a boost.
More local barley destined for rations, but U.S. corn still moving
Prior to drought year 2021/22, Canadian corn imports had rarely topped two million tonnes
Recently revised supply/demand tables from Agriculture and Agri-Food Canada raised the forecast for domestic barley usage in the current crop year to 6.155 million tonnes. That compares with an earlier forecast of 5.471 million tonnes. If realized, that would be up by roughly 200,000 tonnes from the previous year.
Feed weekly outlook: Market aims to ration tight barley supplies
Tightening feed barley supplies in Western Canada have end-users looking to alternatives, with cheaper U.S. corn imports likely to keep a lid on prices. “Barley stocks are tight, so the market is trying to ration the amount of barley being used and it’s doing a pretty good job of that,” said Jim Beusekom of Market […] Read more
Feed weekly outlook: Little to change for Prairie prices
As feedlots reduce their cattle numbers, demand for feed grains has declined on the Canadian Prairies, according to Market Place Commodities trader Allen Pirness at Lethbridge. “It’s a pretty calm time of year. The feedlots are shipping a lot of fat cattle more than they are replacing. Their grain consumption drops off a little bit […] Read more
Feed weekly outlook: Prairie wheat, barley prices still look good
Prices for feed wheat and barley in Western Canada are doing pretty good, according to Nelson Neumann of Agfinity in Edmonton. Feed wheat is up to $6 per bushel in the Edmonton area and about $250 per tonne in the Lethbridge area, he said. Feed barley was still quite strong, although the price had softened […] Read more
Feed weekly outlook: Changes slight in Prairie market
CNS Canada — Prices for feed-grade barley, corn and wheat have shifted slightly over the last week in Western Canada: wheat and barley prices have weakened, while corn prices are on the rise. Allen Pirness of Market Place Commodities at Lethbridge said feed barley is currently in the mid-$250s range, per tonne. Last week, feed […] Read more
Feed weekly outlook: Corn imports set to drop
CNS Canada — The market for feed grains in Western Canada is largely flat, but could change soon, according to one commodities trader. “I don’t know if I’m bearish or bullish. I’m kind of flat right now as a trader,” said Evan Peterson of JGL Commodities in Moose Jaw. Peterson said there are still large […] Read more
Feed weekly outlook: Cheap corn, Prairie harvest quality weigh on prices
CNS Canada — Cheap corn imports and adverse Prairie harvest conditions should mean no shortage of feed grain in Alberta’s feedlot alley this winter — which should also keep prices under pressure going forward. “Anytime you get a ripe crop and you get snow and rain falling on it, it normally doesn’t make better quality,” […] Read more
Mexico eyes Brazil farm products as hedge on Trump threat
Brasilia | Reuters — Amid trade tensions with the U.S., Mexico plans to send a delegation next month to visit Brazilian corn, beef, chicken and soy producers as an alternative to U.S. suppliers, its representative in Brazil said on Friday. Mexican charge d’affaires Eleazar Velasco said Brazil is uniquely positioned to expand agricultural commodity sales […] Read more
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