Reading Time: 2 minutes Despite challenging growing conditions, there was plenty of encouraging news in the first provincial crop report of the month. Dryland yields were running 12 per cent above the five-year average (which was lowered by last year’s drought) and nearly eight per cent higher than the 10-year average, says the Sept. 6 report. Despite an extremely […] Read more
Harvest is bringing upbeat reports
Klassen: April live cattle futures pull nearby cash feeder market higher
More feedlots switching back to barley
Compared to last week, western Canadian yearling markets traded steady to $3 higher on average. Quality yearling packages of larger volume traded $2-$3 above week-ago levels. The calf market is becoming more defined. Larger calf volumes were on offer in Saskatchewan and Manitoba but smaller numbers were noted in Alberta. Therefore, we can’t accurately compare […] Read more
Feed weekly outlook: No effect seen on Alberta crops from hot, wet weather
Feed grain bids up on week in Alberta, Saskatchewan
MarketsFarm — Harvest activity in Alberta continues to progress despite wet weather during the past week, according to Mike Fleischhauer, trader for Eagle Commodities in Lethbridge. “We had some rain here about a week to 10 days ago. So, it puts some people in Alberta and Saskatchewan a little bit behind,” he said. “It’s been […] Read more
Long-contemplated merger of cereal groups comes to a vote
Voting will be held online during October, plebiscite info and voting PIN should be in your mailbox soon
Reading Time: 2 minutes Cereal growers will have almost the entire month of October to say yay or nay to the proposed merger of Alberta Barley and Alberta Wheat. Those who grow both crops and have paid a checkoff in the last two years will get to cast two votes because each crop commission is required to have its […] Read more
Ending stocks tumble due to drought: StatCan
Canola stocks are below 'pipeline levels'
MarketsFarm — Severe drought in Western Canada during the summer of 2021 has played a major part in reducing the stocks for Canada’s principal field crops at the end of the 2021-22 marketing year, according to Statistics Canada. Canada’s central data agency released a report Wednesday presenting total ending stocks for the country’s major crops […] Read more
Feed weekly outlook: Grain prices start moving upward
New-crop barley already en route to feedlots
MarketsFarm — Hot temperatures and a lack of precipitation in recent days are helping Alberta growers make significant progress, according to Lethbridge-based Market Place Commodities’ president Jim Beusekom. “In southern Alberta, (the harvest) is doing just fine,” he said. “We had some rain last week. Some (had) more, some less. Last week limited how much […] Read more
Klassen: Feeder markets digest StatCan data
Barley crop expected up 34 per cent on year
Compared to last week, western Canadian yearling markets traded steady to $2 higher. Yearling prices have strengthened by $8-$10 over the past four weeks. Calf values were relatively unchanged but the market was hard to define due to limited volumes. Alberta packers were buying on a dressed basis from $300 to $302 delivered, up $1-$2 […] Read more
Olds researchers aim for better brew of malting barley varieties
Breeders aim for a package that keeps both the farmers and the customers happy
Reading Time: 2 minutes Plant breeders have many challenges, but malting barley breeders have an extra one. Customers sometimes like their varieties so much that they’re reluctant to change to ones that are better for farmers. “We are looking at things that are not only going to be good in production and give farmers higher yields and ultimately more […] Read more
Feed weekly outlook: Barley harvest begins in Alberta
Prices continue easing
MarketsFarm — The barley harvest has already started in Alberta and prices continue to ease downward, according to one trader. “Around Lethbridge, they seem to have a good portion done,” said Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta. “Some areas in the north are starting, as well. The Edmonton area, Red […] Read more
Greater crop production estimated prior to StatCan report
Extended time lag between survey, data's release criticized
MarketsFarm — Analysts are expecting Canadian crop production totals for the 2022-23 marketing year to be substantially higher compared to drought-stricken 2021-22, but still not enough to fully replenish supplies. Statistics Canada (StatCan) will publish its first satellite image model-based yield and production estimates for principal field crops on Monday. Traders and analysts are interested […] Read more
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