MarketsFarm – As harvest season kicks off for feed grains, new crop prices are at “market-clearing levels.” Allen Pirness of Market Place Commodities in Lethbridge, Alta., said cattle farmers are “in pretty good shape for old crop grain,” and are “waiting for new crop to hit.” “It’s taking its toll on prices a little bit, […] Read more
Tag Archives feed barley — page 13

Feed weekly outlook: Barley prices soften before harvest

Feed weekly outlook: Grain prices softer ahead of harvest
MarketsFarm — Feed grain prices have softened ahead of harvesting season, due in part to improving growing conditions and a stronger Canadian dollar. Drought conditions earlier in the summer had threatened Prairie crop yields and buoyed feed grain prices, but the weather premium has subsided thanks to recent rains. “Rain showed us we’ll have a […] Read more

Klassen: Feeder market experiences fortuitous bounce
Compared to last week, western Canadian feeder cattle markets traded $2-$5 higher on average. Auction barns had limited numbers on offer but strong buying interest surfaced for quality packages. Alberta feedlots were the main buyers setting the price structure. There were two main factors enhancing demand this week. First, U.S. packers started to show some […] Read more

Feed weekly outlook: Grain prices back off previous highs
MarketsFarm — Feed barley prices have come down from June highs, which saw prices around $300 per tonne. Currently, feed barley is around $275-$280 as market participants anticipate arrival of new crops. However, demand for feed grains remains high, as “we’re still dealing with a full feedlot,” said Brandon Motz of CorNine Commodities at Lacombe, […] Read more

Malt barley prices remain stable
MarketsFarm — Malt barley prices have held steady throughout the 2019 growing season as global demand remains strong. Malt prices in 2018 were driven about 15 per cent higher due to a global shortage. According to Farmlink, drought conditions caused Australia to produce “one of the smallest barley crops in recent memory.” The crops were […] Read more

Feed weekly outlook: World weather buoys barley
MarketsFarm — Canadian feed barley prices are being buoyed by a triple threat of weather circumstances both locally and abroad. Three years of dry growing conditions in Australia have tightened global feed barley supplies to the point that domestic Canadian prices have increased. Current feed barley bids are topping out at $6.25 per bushel in […] Read more

Feed weekly outlook: Prices fall with rain
Feed grain prices for Lethbridge’s feedlot alley took a tumble after parts of the Prairies received some much-needed rain. Jim Beusekom, president of Market Place Commodities in Lethbridge, said barley and wheat prices recently dropped. Barley was around $285-$290 per tonne in the area, down about $10 from the week ending June 21. Wheat was […] Read more

Feed weekly outlook: Grains strong despite recent Prairie rain
MarketsFarm — Feed grain prices remained strong during week ended Thursday, despite welcome rains in central Saskatchewan. A combination of dry weather in the Prairies and flood conditions in the U.S. Midwest caused feed grain prices to increase earlier in the spring. Though the Prairies have received a bit of moisture over the past week, […] Read more

Klassen: Feeder market shrugs off feed grain rally
Compared to last week, western Canadian feeder cattle prices were $2-$5 higher on average. Noted strength was in the 700-plus-lb. categories, which spilt over into the lighter calves. Quality groups of yearlings were limited and the scarcity fear factor had a grip on the market. The U.S. Department of Agriculture lowered its fourth-quarter beef production […] Read more

Feed weekly outlook: Grain prices strong as dry weather persists
MarketsFarm — Producers are anxious to stock up on feed grains as weather across the Prairies has remained dry. “We’ve been seeing buyers being quite aggressive [when] bidding on all feed grains,” explained Nelson Neumann of Agfinity in Lethbridge. “Nobody wants to be caught without anything over the summer.” With little precipitation in the forecast, […] Read more