CNS Canada –– Relative strength in the feed wheat market in Western Canada compared to milling wheat is making feed channels a more attractive option for some growers with lower-end milling wheat left to sell. “Right now, feed is pretty well on par with a lot of the base milling-grade wheats,” said Jared Seitz, trade […] Read more
Tag Archives feed wheat — page 17
Prairie feed wheat relatively strong against milling wheat
Feed barley feeling ‘downward sag,’ trader says
CNS Canada — Feedlot demand for cash barley is weakening slightly as cattle producers prepare to turn animals loose on pastures, but prices are still hanging in there, according to one participant. “Farmers aren’t really selling a whole lot at these levels,” said Allen Pirness of Market Place Commodities in the feedlot alley near Lethbridge, […] Read more
Wheat, canola stocks surprisingly tight in StatsCan report
CNS Canada — Canada’s ag industry was surprised to see some tighter-than-anticipated supply estimates in Statistics Canada’s latest report on stocks of grain and oilseeds Wednesday morning. StatsCan said Canadian wheat supplies, as of March 31, totaled 16.74 million tonnes — about a million lower than expected, said Mike Jubinville of ProFarmer Canada. “On the […] Read more
Feed barley bids rangebound in Western Canada
CNS Canada –– Prairie feed barley prices continue to hang tough in March, locked into a range established early this year. “We’re seeing a lot of bids in and around $205” per tonne, said Allen Pirness, a trader for Market Place Commodities at Lethbridge. Bids had been hitting around $210 per tonne, for example, on […] Read more
Cattle chew through less grain in 2014-15, so far
CNS Canada — Mild weather, fewer cattle and a growing list of alternative grains led Canadian cattle to chew through less feed in the first five months of the 2014-15 crop year. According to Tuesday’s grain stocks report from Statistics Canada, feed barley usage was at 2.67 million tonnes as of Dec. 31, down from […] Read more
Feed barley values seen ‘popping’ in January
CNS Canada –– Western Canadian feed barley prices remained firm to start the year, with bids having enjoyed a gradual rise from the $190 per tonne range in late November to the current level of $210 per tonne. “Bids have firmed up, not surprisingly it’s kind of popping in January,” said Allen Pirness, a trader […] Read more
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