MarketsFarm — Demand for feed grains at Alberta feedlots continues unabated as more corn from the United States makes its way into the province. “Demand at feedlots has been status quo. Feedlots are buying imported U.S. corn and DDGS. Along with that, there is also barley and feed wheat. They are getting enough supplies right […] Read more
Feed weekly outlook: Prices, shipments steady as dryness continues
Drought 'priced into the market already'
Challenges and rewards greet Alberta craft maltsters
Value-added ventures beckon families back to the farm
Reading Time: 4 minutes At the end of a recent forum on craft malting, podcaster Don Tse asked his guests a surprising question: “Are you happy with your business decisions?” For three rural Albertans involved in the burgeoning industry, the consensus was “yes, but.” Yes, they’re happy with their choice, but anyone hoping to do the same had better […] Read more
Feed weekly outlook: Market in a waiting game
U.S. corn, available wheat keep market supplied
MarketsFarm — The feed grain market in Western Canada is holding relatively steady for the time being as both buyers and sellers wait to get a better handle on new-crop production. “It’s a waiting game at this point between the farmer and the feedlot,” said grain merchant Jay Janzen of CorNine Commodities at Lacombe, Alta. […] Read more
Repeat of record Australian wheat, canola crops unlikely
ABARES expects 2023-24 crop down on year
MarketsFarm — After growing record-large wheat and canola crops in 2022-23, Australia is expected to see a significant drop in production in 2023-24 as developing El Nino weather patterns will likely cut rainfall through the growing season, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). […] Read more
Complex patchwork of global rules on crop residues makes vigilance important
Keeping track isn’t easy, which is why Keep It Clean puts out an annual list of potential trade risks
Reading Time: 4 minutes Glacier FarmMedia – Growers are again being reminded about proper use of crop protection products and their potential impact on trade. Keep It Clean, an initiative of several commodity organizations, recently released its annual list of products that may cause trouble with export sales. “We are export dependant,” Greg Bartley, director of crop protection and […] Read more
Precision planting: Good looks and high yields don’t always go together
Precision-planted crops look great at emergence, but lose that edge if timely rains don't come
Reading Time: 3 minutes If your greatest joy in farming is seeing nice, even emergence, you can’t beat a precision planter. “We tried a bunch of pulse crops, including field peas, chickpeas, lentils, faba beans, soybeans, and we also tried it on irrigated durum and hemp,” said Farming Smarter researcher Gurbir Dhillon. “Seedling emergence and stand establishment improved across […] Read more
Feed weekly outlook: Weather market will determine grain prices
Old-crop pricing is starting to come down
MarketsFarm – To Glen Loyns of JGL Commodities at Moose Jaw, Sask., feed grains on the Canadian Prairies are in a weather market, with prices for barley, wheat and corn quite able to go either way. “If it rains it’s going to be weak. If it’s dry it’s going to be higher. A pretty tough […] Read more
Klassen: Canadian feeder market rationing demand
Improvement seen in feeding margins
For the week ending Saturday, western Canadian feeder markets averaged $3-$6/cwt higher compared to seven days earlier. Weakness in the Canadian dollar along with strength in the deferred live cattle futures set a positive tone. Recent rains have enhanced yield potential for the Canadian barley crop, which also underpinned nearby cash values. Alberta packers were […] Read more
April grain deliveries see increases all around
Barley deliveries up sharply
MarketsFarm –– Producer deliveries of major grains last month were up nearly 40 per cent when compared to April 2022, according to Statistics Canada (StatCan). In April 2023 more than 3.44 million tonnes of grain were delivered, versus 2.46 million a year ago. The uptick in deliveries continued to demonstrate the sizeable harvest farmers reaped […] Read more
Feed weekly outlook: Rain falls, grain prices to follow
U.S. corn values expected to decline
MarketsFarm — Feed grain prices in Western Canada are showing the usual seasonal weakness as spring seeding continues, but prices are set to fall further. “I think as we get going, (prices) are going to lower down quite a bit,” Mike Fleischhauer of Eagle Commodities Ltd. at Lethbridge said. “The corn market over the next […] Read more
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