After a stretch of wet weather and being tied to my home office, it was great to go for a drive to Wellington County to tour some feedlots with attendees of the Livestock Markets of Canada Association (LMAC) late last month. After heavy rains kept some farmers off the fields, planting was in full swing […] Read more
Tag Archives feedlots — page 3
Editorial: A bright future
Seasonal trends underpinning feed grains for now
Feed barley bids in Western Canada continue to find some support as the calendar turns to spring, with seasonal road restrictions lending some nearby support to prices.
Feed barley under pressure, but opportunities available
Corn downturn likely to keep feedlots looking to extend coverage
Feed barley bids in Western Canada remained under pressure in mid-February amid continued imports of corn from the United States and the relatively mild Prairie winter. However, localized spot opportunities do pop up occasionally.
Feed grain weekly outlook: Buyers looking towards springtime
Analysts suggest farmers will grow less barley
Feedlots continued to purchase corn imports from the United States, putting pressure on feed barley and wheat prices in Western Canada. However, the prospective of fewer planted acres this spring could give prices a boost.
Klassen: Yearling return to the lineup on strong demand
Frigid temperatures result in limited volumes
The market hasn’t missed a beat and started the year where it left in December. The only difference is there are larger supplies of yearlings coming on stream. The benchmark levels had backgrounded steers averaging 1,000 pounds trading from $280-$285/cwt with top bids rounding at $290/cwt. Steers averaging 850-pounds were averaging $300/cwt with top-notch larger groups peaking at $305.
Feed Grain weekly outlook: Corn, barley on level ground
High Canadian dollar behind lower corn trading
Prices for Canadian feed barley and United States corn imports reached parity as the feed grain market took a breather between Christmas and New Year’s Day.
Feed weekly outlook: Corn imports, larger crop prospects pressure barley
StatCan expected to raise barley crop estimate
MarketsFarm — The feed barley market in Western Canada remains relatively flat as steady corn imports from the U.S. keep domestic feeders well supplied. Ideas that Canadian production ended up above earlier expectations were also keeping a lid on the domestic market. Delivered barley into the Lethbridge, Alta. area is currently priced in the $300-$320 […] Read more
Klassen: Strong demand continues to support feeder market
Significant downside risk ahead
For the week ending Nov. 25, western Canadian yearling prices were $4-$8/cwt lower compared to seven days earlier. However, calf markets were firm trading $5-$8/cwt on either side of unchanged compared to values quoted a week prior. Optimal weather in southern Alberta caused major feedlot operators to stretch their hands across the Prairies. At the […] Read more
Feed weekly outlook: Weak demand for barley
Cost of corn DDGS may favour barley
MarketsFarm — As demand for barley remains limp, it has become rather difficult to move the feed grain, according to Darcy Haley of Ag Value Brokers in Lethbridge. “There’s just no demand. We did barley March 10 at $320 per tonne, and in April through to July it traded at $328. That’s $7-$10 cheaper than […] Read more
Klassen: Canadian feeder buyers ignore weaker futures market
U.S. feedlot placements up four per cent
For the week ending Nov. 18, western Canadian feeder cattle prices traded $3-$5/cwt on either side of unchanged compared to seven days earlier. Buyers appeared to shrug off the weaker futures market and the defensive tone from a week earlier evaporated. Eastern Prairie markets were firm, with larger packages of quality cattle trading a solid […] Read more
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