MarketsFarm — As dry conditions continued to take root across much of the Canadian Prairies, feed grain prices have for the most part been climbing, according to Susanne Leclerc of Market Master Ltd. in Edmonton. “The futures are coming up on quite a few commodities, so the prices have been coming up slightly,” Leclerc said […] Read more
Feed weekly outlook: Dryness helps push up grain prices
Market seen shifting between 'no need' and 'giant need'
Australia disappointed with China move to extend barley tariffs review
Tariff wall in place since 2020
Sydney | Reuters — Australia said on Wednesday it was disappointed that China has asked for another month to complete a review needed to lift tariffs on barley and warned it would resume a case at the World Trade Organization (WTO) if there was further delay. Australia on April 11 agreed to temporarily suspend a […] Read more
Klassen: Feeder market consolidates at historical highs
Higher borrowing costs offset lower feed prices
For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. Larger groups of quality genetics were well bid while second tier cattle were marginally discounted off the highs. Some ranches are liquidating yearlings about one […] Read more
Richardson buys into European malt market
Winnipeg agrifood firm buys U.K.-based Anglia Maltings
Paris | Reuters — Canada’s biggest grain merchant Richardson International is entering the malt sector through the acquisition of U.K.-based Anglia Maltings Holdings (AMH), targeting rising demand for the beer and whisky ingredient, Richardson said on Friday without disclosing financial terms. Anglia Maltings operates seven malt facilities in the U.K., Poland, and Germany, with combined […] Read more
Feed weekly outlook: Falling corn prices not spurring new demand
Feed barley bids in Alberta, Manitoba up from month-ago
MarketsFarm — Falling prices for U.S. corn futures on the Chicago Board of Trade (CBOT) are having little effect on shipments going to Alberta feedlots, according to one grain buyer. The September corn contract fell to its lowest price since January 2021 when it dropped to US$4.79 per bushel on Wednesday, before closing at US$4.8525/bu. […] Read more
Feed weekly outlook: U.S. corn keeps making way into Canadian rations
Ease of sourcing corn by rail an attractive feature
MarketsFarm — The size and quality of the 2023 Canadian grain crop is still very much in the air, but domestic feeders intend to keep at least some corn from the U.S. in their rations going forward no matter what is grown on the Prairies. Canadian buyers have already booked 78,500 tonnes of U.S. corn […] Read more
Canadian canola, wheat area up on the year: StatCan
More soybean, corn acres also estimated
MarketsFarm — Canadian farmers planted more canola than earlier intentions, according to updated acreage estimates from Statistics Canada released Wednesday. Meanwhile, wheat plantings hit their highest level in more than two decades. Total canola plantings were estimated at 22.1 million acres by the government agency, which compares with the 21.6 million expected in April and […] Read more
Ag in Motion plots give first-hand view of varieties and technology
Thirty companies and organizations will share their research this year
Reading Time: 3 minutes The crop plots at Ag In Motion give producers a chance to see crops and crop protection products at work in the great outdoors, along with the opportunity to speak face-to-face with company representatives. The 2023 show features 30 companies with plots, offering a practical and immersive experience with a variety of western Canadian crops […] Read more
To best weather drought, focus on what you can control
It comes down to making sure there’s room for recovery while balancing risk and cost
Reading Time: 3 minutes There’s not much that producers can do in the event of drought. They’re hostage to nature and hope for enough rainfall to save their crops. While recent rains in parts of Alberta were helpful, crops will need more moisture this season and there’s no guarantee it will come. But while watching the skies, farmers can […] Read more
Analysts expect little change in new StatCan numbers
Weather was 'pretty conducive to plantings'
MarketsFarm — Dry conditions in much of the Prairies this spring may leave seeding areas relatively unchanged ahead of Statistic Canada’s (StatCan) principal field crop report, due to be released Wednesday. It will be the second survey-based acreage report for the 2023-24 marketing year, after the first one was released in April. While growing conditions […] Read more
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