The owner of one of Canada’s major commercial maltsters says its takeover by a major French peer won’t be challenged by Canada’s antitrust regulator. United Malt Group, whose Canadian assets operate under the Canada Malting banner, last month locked in on a previously announced deal to sell itself to France’s Malteries Soufflet for A$1.5 billion […] Read more
Bureau won’t challenge takeover of Canada Malting parent
U.K. also has 'no further questions'
Feed weekly outlook: Market steady in face of harvest, U.S. corn imports
Imports weigh on domestic barley values
MarketsFarm — The feed grain market in Western Canada is holding reasonably steady as harvest operations progress and corn imports continue to come up from the United States. Anecdotal harvest reports were varied so far, with surprisingly positive results from some growers and others who missed out on showers ending up with lower yields, according […] Read more
Alberta Grains to be post-merger name
Reading Time: < 1 minute Effective Aug. 1, Alberta Barley and the Alberta Wheat Commission is now known as Alberta Grains. The farmer organizations released the new moniker in the run-up to their merger, which will be effective with the start of the 2023-24 crop year. The merger aims to “…build on the strengths of both organizations to create a […] Read more
Mix up forages to fight soil salinity
Saline land improved by a number of grasses, say researchers at Ag in Motion
Reading Time: 2 minutes A mix of grasses can help address salinity problems on marginal farmland, says a forage expert. “The nice thing about a mix is you’re kind of guaranteed that something will catch,” said Dexter Lethbridge, a product line rep with Proven Seeds for Nutrien Ag Solutions in Lethbridge, Alta. Partnering with Ducks Unlimited, Proven/Nutrien set out […] Read more
Feed weekly outlook: Crop conditions, barley demand lower
Prices expected steady to lower for now
MarketsFarm — As combining operations begin, dryness continues to plague crops in many parts of Saskatchewan. But while crop conditions aren’t as bad as they were during the drought of 2021, according to trader Evan Peterson from JGL Commodities in Saskatoon, crops are still very parched. “Southern and western parts are very, very poor. But […] Read more
Klassen: Upward momentum in feeder market eases
Feedlots seen in 'risk assessment mode'
Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Higher-quality groups of yearling heifers appeared to trade steady to $2 higher on average while steer markets traded $3-$4 higher to $2 lower. Calf prices are unchanged from seven days earlier. The rally in deferred live cattle futures has stalled for the time […] Read more
Saskatchewan Crop Report: Dryness continues as harvest begins
Since April 1, the entirety of the province received 200 mm or less of rain
MarketsFarm – With the exception of a handful of areas, most of Saskatchewan remained dry for the week ended July 31 as harvest operations began in the province’s southwest and west-central regions. Areas north of Prince Albert and northwest of Kindersley, as well as inside and around Hudson Bay each saw more than 30 millimetres […] Read more
Feed weekly outlook: Influx of cheaper U.S. corn pushing down prices
Weaker Chicago corn prices led to a 50-cent/bu. drop in Alberta feed barley, wheat
MarketsFarm – Feed grain prices took a tumble this week in Alberta, said Susanne Leclerc of Market Master Ltd. in Edmonton. “It’s kind of shocking. I know we had some harvest start in the southern part [of the province]. It seems to have really affected prices. Of course, corn got cheap with the futures dropping […] Read more
Saskatchewan crops a mixed bag
Some cereal crops beyond harvesting with plans to salvage for feed
Marketsfarm – There was a wide mixture of the results in the latest crop report from Saskatchewan Agriculture. Parts of the province were hobbled by drought conditions, while other areas received upwards to 40 millimetres of rain following a series of thunderstorms during the week of July 18 to 26. The desiccation of pulse crops […] Read more
Oilseed crush down, grain deliveries rise in June: StatCan
Canadian grain deliveries reached a three-month high in June
Marketsfarm – Statistics Canada (StatCan) released its June oilseed crush and grain delivery statistics, showing a small decline for the former, but a large gain for the latter from the month before. Oilseed processors in Canada crushed 772,345 tonnes of canola last month, as well as 139,164 tonnes of soybeans for the month of June […] Read more
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