Reading Time: < 1 minute MarketsFarm — Prices for feed grains are continuing to go up — and with depleted stocks and dry conditions forecast for the Prairies, they are likely to rise a bit more. “There’s a shortage of corn. Corn’s at over $400 (per tonne) in southern Alberta. You’ve got barley that’s pushing over $340-$350 and that’s a […] Read more
Tag Archives feed barley
Feed weekly outlook: Drought, demand deplete southern Alberta stocks
Feed weekly outlook: Prices taper off ahead of report
Feedlots 'not eating as much grain'
Reading Time: < 1 minute MarketsFarm — While prices for feed wheat and feed barley in Western Canada remain substantially higher than one year ago, the past month has seen slight declines. As of Wednesday, high-delivered bids for feed wheat were at least $7.25 per bushel, more than $1.50 higher than last year according to Prairie Ag Hotwire. However, over […] Read more
Feed weekly outlook: Prairie grains firm, watching new-crop weather
U.S. corn values supportive
Reading Time: < 1 minute MarketsFarm — Tight barley supplies in Western Canada continue to keep the feed market underpinned, with gains in the U.S. corn market also providing support to grain markets in general. “We’re starting to see a bit of an early weather market in the U.S.,” Allen Pirness of Market Place Commodities in Lethbridge said. Rising corn […] Read more
Klassen: Stronger demand drives feeder market
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $3 to as much as $6 higher, but calf prices were relatively unchanged. Major feedlot operators were very aggressive on heavier calves and yearlings weighing 700-850 lbs. Yearlings over 850 lbs. were also well bid but not as strong as their lighter-weight counterparts. Feed barley prices […] Read more
Klassen: Feeder market digests USDA acreage report
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Lower flesh yearlings appeared to trade $2-$3 higher in certain pockets of Alberta but replacements carrying excessive butter experienced severe discounts of $6 to as much as $10 in some cases. October and December live cattle futures made fresh contract highs, which underpinned […] Read more
Feed weekly outlook: Prices to remain strong in spring
Reading Time: 2 minutes MarketsFarm — Higher prices for feed grains in Western Canada are expected to stay that way, according to a trader in Alberta. Erin Harakal, senior trader for Agfinity at Stony Plain, Alta., said factors such as increased demand overseas and depleted domestic stocks will continue to keep prices elevated for feed grains. While she doesn’t […] Read more
Feed weekly outlook: Wheat stocks should limit barley’s further upside
Reading Time: 2 minutes MarketsFarm — Feed barley bids in Western Canada remain strong, although ample wheat supplies should limit the upside heading into the new growing season. Feed barley in the Lethbridge region of southern Alberta is currently trading at around $305-$310 per tonne, according to Jim Beusekom of Market Place Commodities. Prices for delivery later in the […] Read more
Malt barley demand rises, at home and abroad
Reading Time: 2 minutes MarketsFarm — Domestic malt barley is facing pressure from both inside and outside Canada’s borders as demand for both malt and feed barley has increased. With domestic feed barley prices rising and domestic supplies shrinking with increased exports to China, high-quality malt barley has found its way to feed channels as growers look to sell […] Read more
South Africa’s barley growers face bleak outlook on alcohol ban
Ban reinstated against COVID-19 surge
Reading Time: 2 minutes Johannesburg | Reuters — South African barley farmers are bracing for a tough market ahead as demand for the grain used to make beer falls and stockpiles grow after a ban on the sale of alcohol was reinstated as the country battles a surge in COVID-19 cases. The government in December enforced its third ban […] Read more
Klassen: Higher feed grain prices continue to pressure feeders
Reading Time: 2 minutes Compared to mid-December, western Canadian yearlings traded $3-$5 lower; mid-weight calves are down $4-$6 while calves under 550 lbs. remained firm. Buyers exhibited a defensive tone on heavier yearlings and discounts were more severe on fleshier cattle last week. There is absolutely no risk appetite for 850-plus-lb. cattle at this time of year. Demand for […] Read more
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