MarketsFarm — Western Canadian feed grain prices have come under pressure over the last month, but appear to be stabilizing as attention turns to spring seeding across the Prairies. “We’ve been steadily dropping for the past few weeks, and it’s leveled out now,” said Tracey Green, grain broker with Market Master Ltd. in Edmonton. Buyers […] Read more
Tag Archives feed wheat — page 10
Feed weekly outlook: Western Canadian market stabilizing
Feed weekly outlook: Barley bids soften as attention turns to new crop
MarketsFarm — Feed barley bids in the key cattle feeding area of southern Alberta are coming under some pressure, as attention begins to turn to the new crop. “Demand is dropping off here a little bit,” said Allen Pirness of Market Place Commodities in Lethbridge. Feedlots have extended coverage through the spring and into the […] Read more
Feed weekly outlook: Barley prices correct off recent highs
MarketsFarm — Feed markets in Western Canada have softened slightly following a jump in prices earlier this month. Nelson Neumann, a grain trader for Agfinity, said barley supply was tight earlier in the month as buyers rushed to secure their feed before spring road bans, seeding season and poor weather conditions hampered deliveries. “We saw […] Read more
Feed weekly outlook: Spring weather may swing Prairie feed markets
MarketsFarm — Weather conditions have the potential to swing feed grain markets in Western Canada over the next few weeks, although prices generally remain steady for the time being. “Spring is here, and as the snow melts it creates mud, road bans and all that lovely stuff,” said Brandon Motz of CorNine Commodities in Lacombe, […] Read more
Feed weekly outlook: Prairie prices on the rise
MarketsFarm — Feed grain prices have been on the upswing recently, according to Nelson Neumann of Agfinity at Stony Plain, Alta. “We saw them at the end of last week, the beginning of this week, really jump up. Guys were scrambling to get stuff in before road bans,” he said. He attributed the increased prices […] Read more
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: Low ending stocks supportive
With some of the lowest ending stocks in more than a generation, feed grain prices are doing quite well in Western Canada, said Ed Baldwin of AgChieve Grain Marketing in Winnipeg. Baldwin, AgChieve’s manager of advisory services, said Canada has its lowest ending stocks for feed grains in the last 35 years. On the world […] 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: Prairie prices stable during mild winter
With the mild winter Western Canada has been experiencing, feed grain buyers expect prices should stay quiet for the next while. “I would say the buyers have adequate coverage for January, February, even a bit of March. And I would say we maybe have seen the (barley) price soften up a bit,” said Nelson Neumann, […] Read more
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