CNS Canada –– As harvest winds to a close across the Prairies, some feedlot operators say they’ve noticed more feed barley and feed wheat out there than they initially thought. The quality of the feed varies greatly, with some second-cut wheat being accepted as high-quality with reasonable protein, while other loads arrive with sprouting, bleaching […] Read more
Tag Archives feed barley — page 24
Alta. feed prices hang steady despite swings in quality
Iran cancels import duties on wheat, barley
Dubai/Moscow | Reuters — Iran has canceled import duties it imposed on wheat and barley in July, according to an official document seen by Reuters on Tuesday. The document said the import duties ended on Sept. 6 for wheat and on Aug. 22 for barley. It gave no reason for the cancellation. The Iranian government […] Read more
Feed barley looking bearish
CNS Canada –– Seasonal harvest pressure is starting to weigh on feed grains in Western Canada, while quality downgrades to crops still on the field may put further pressure on values going forward. “There are quite a few bearish indicators out there,” said Kyle Sinclair, of CorNine Commodities at Lacombe, Alta. For starters, early yield […] Read more
High protein, high yields seen in early malt barley
CNS Canada –– High protein levels could prove a challenge for Canadian maltsters this year, but the quality of the country’s malt barley crop is generally looking better than had been expected as harvest activity starts up across the Prairies, according to a broker. “Everything is high, high, high; high yields, high plump, high bushel […] Read more
Klassen: Major operations aggressively bid feeder cattle
The feeder cattle market in a world of its own but has a fair amount of new information — mostly negative — to digest as the fall run moves into full steam. Despite the upcoming uncertainty, western Canadian yearling prices were $4 to $8 above last week on very strong buying interest from larger operations; […] Read more
Short-term barley prices seen likely to downtrend
CNS Canada — Feed barley prices are moving slowly with hand-to-mouth buying as the crop moves into harvest, when already low prices will likely hit a downtrend. However, prices will likely recover into autumn, depending on how farmers choose to act, from where one market analyst sits. “If the farmers aren’t willing to sell at […] Read more
Klassen: Softer fed cattle market weighs on feeder prices
Western Canadian feeder cattle traded at similar levels to seven days earlier on very light volumes and little buying interest. Most auction barns were closed and cattle buyers are on holidays, so drawing market information is like the young cowboy at the high school dance — his mind is anywhere but on the markets. Limited […] Read more
Lethbridge feed barley prices move upward, watch U.S. corn
CNS Canada — Hot, dry conditions in Alberta and western Saskatchewan are delaying and stressing this year’s barley crop — but action in U.S. corn is now the barley market’s primary driver, according to one expert. “This recent rally in corn has helped barley and feed wheat move higher; we’re in a market driven by […] Read more
Klassen: Feeder market consolidates
Western Canadian feeder cattle markets continue to consolidate at the higher levels. Most auction markets were closed due to the Canada Day holiday, so all eyes were on focused south of the border for market sentiment. Average U.S. feeder prices were steady to $3 lower at major sales in Oklahoma and Missouri as the U.S. […] Read more
Klassen: Lower grain production weighing on feeder market
Western Canadian feeder cattle prices experienced a mixed tone over the past week, with auction markets reporting prices $3 lower to $3 higher in comparison to seven days earlier. The Prairie region continues to experience above-average temperatures causing significant deterioration to pasture and crops in Alberta and western Saskatchewan. Certain auction markets experienced slightly larger […] Read more
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