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Tag Archives feed grain — page 3

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Crops, Markets

Feed weekly outlook: Grain prices coming down

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MarketsFarm — As futures prices fall back, those for feed have been following, according to Jenny Redshaw, a trader with Agfinity at Stony Plain, Alta. “There are lots of things going on,” she said, noting demand has been somewhat lacklustre. “The feedlots aren’t breaking down any doors,” she added. With prices down across the board […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Steady demand supports feeder cattle prices

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Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Weakness in deferred live cattle futures and uncertainty in the feed grain market tempered the upside for all weight categories of replacement cattle. Alberta packers were buying fed cattle on a dressed basis in the range of $288-$290 delivered, steady to $2 lower […] Read more
CME August 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day movjng averages (pink, red and black lines). (Barchart)
Livestock, Markets

Klassen: Canadian feeder market divorces from feeder cattle futures

Timing of new-crop feed grains leads to shift

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Compared to last week western Canadian yearling markets traded $3-$4 on either side of unchanged. The quality was quite variable resulting in the wide price structure; however, decent genetic and lower flesh packages were red hot. Feedlot operators were extremely aggressive on 700- to 800-lb. steers although higher weight categories were also well bid. Auction […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Prices steady, but changes coming

Feedlots moving to full corn rations

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MarketsFarm — With feed barley and wheat supplies on the verge of running out, prices remain firm, according to Mike Fleischhauer of Eagle Commodities in Lethbridge. “They’re on the positive side of stationary,” he said, noting prices could soon change following the Russian invasion of Ukraine on Thursday. “With what’s going on with Ukraine and […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market stabilizes

Cow-calf producers selling sooner than normal

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Compared to last week, western Canadian feeder cattle prices traded $2-$3 on either side of unchanged. Alberta packers were buying fed cattle on a dressed basis at $275 delivered; the Alberta fed market has rallied $10-$12 over the past couple weeks. Secondly, U.S. feeder cattle prices have also rallied US$10-US$12 during the same time frame […] Read more

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