MarketsFarm – Ten representatives from companies buying or producing organic crops took part in a webinar discussing the markets for those crops hosted by SaskOrganics on Oct. 27. The marketing webinars, which are held bi-annually before spring seeding and after harvest, are designed to connect organic grain buyers and producers as well as provide information […] Read more
Webinar reveals thoughts on present, future of organic markets
U.N.’s Black Sea grain deal continues without Russia
London | Reuters – Grain was flowing out of Ukraine at a record pace on Monday under an initiative led by the United Nations aimed at easing global food shortages despite Russia’s decision to suspend its participation in the scheme. Russia said on Saturday it was pulling out of the deal, which ensured safe passage […] Read more
Feed weekly outlook: Good quality, yields amid rising feed prices
MarketsFarm – With harvesting operations coming to a close, there were very few complaints about the quality and yields of new crop feed grains, according to one Lethbridge, Alta.-based trader. “Quality-wise, everything’s been sounding good for the most part. A couple of areas might have a bit of lighter bushels, but for the most part […] Read more
Klassen: Alberta feedlot backlog limits demand for feeder cattle
Compared to last week, Western Canadian yearling prices traded steady to $2 lower on average while calf markets were down $3 to $5. Feedlots in Alberta and Saskatchewan are backed up with significant numbers of market ready fed cattle which has set a negative tone for replacement cattle. Carcass weights are nearing historical highs. Barley […] Read more
Wheat and barley farmers urged to vote on proposed merger
Voting ends on Nov. 1 at noon but voting can be done online or by phone
Reading Time: < 1 minute Alberta’s cereal commissions are making a last push to get out the vote on their proposed merger. “There’s still time to cast your vote and make your voice heard as to whether or not you support the Alberta Wheat Commission and Alberta Barley amalgamating into a single crop commission,” the two farm groups said in […] Read more
Feed weekly outlook: Corn imports pressure grain prices in Lethbridge
MarketsFarm — With harvesting operations winding down, high-delivered bids for feed barley and wheat in Alberta are higher compared to the same time last month and last year. However, there is still some volatility in feed grain prices, according to one Lethbridge-based trader. “I think most (of the increase) was (due to) demand, but as […] Read more
Alberta crop yields top 10-year average
Reading Time: < 1 minute With harvest mostly complete, dryland yields were running about six per cent above the 10-year-average, although that varied considerably across Alberta. Aggregate yields for the five major crops (wheat, barley, canola, peas and oats) were just slightly below the 10-year average in the south and northwest. They were seven per cent higher in the northeast, […] Read more
Calf prices are strong, but the road to recovery will be a long one for many
Demand up, supply down, but many producers still ‘digging their way out of last year’
Reading Time: 3 minutes Strong domestic and international demand coupled with dwindling supply is raising North American calf prices but cashed-strapped farmers are still struggling. At the end of September, calf prices were about $272 per hundredweight, up 21 per cent from a year ago, said Brenna Grant, executive director of Canfax. [RELATED] A NEW DAWN: Cattle producers get […] Read more
Klassen: Uncertain fed cattle market weighs on feeder cattle
U.S. feeder demand seen relatively sluggish
Compared to last week, western Canadian yearlings (900 lbs. and over) appeared to trade $6-$8 lower on average; yearlings weighing 800-900 lbs. off grass were unchanged. Backgrounded yearlings were also $6-$8 lower. Mid-weight calves were unchanged but calves under 600 lbs. were $3 to as much as $10 lower in some cases. Feedlot operators pulled […] Read more
Feed weekly outlook: Freight costs could determine grain availability
MarketsFarm — There are very good prices for feed barley and wheat in Alberta, according to Susanne Leclerc of Market Master Ltd. in Edmonton — but two factors could limit their availability. Leclerc said there is good demand for feed wheat in the province, “but prices are slightly up because we’re not seeing a lot […] Read more
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