MarketsFarm — Canadian imports of corn from the United States are picking up and could hit a record this year, given the tight supply situation across the Prairies. The most recent export sales data from the U.S. Department of Agriculture showed Canada as the country’s largest corn customer during the week ended Nov. 11, accounting […] Read more
Feed weekly outlook: Record imports of U.S. corn likely
Feeders will need to scale back barley usage
Acclamations for directors the order of the day
Reading Time: < 1 minute Charles Simoneau from Guy has been proclaimed as Alberta Canola Producers director in Region 3, and Wayne Schneider from Leduc has been acclaimed in Region 6. But vacant director spots in Regions 9 and 12 failed to generate nominations so elections will be held at the AGM in January. Two Alberta Wheat directors were also […] Read more
Klassen: Feeder market continues downward slide
Prairies' snowstorm leads to risk discount
Compared to last week, western Canadian yearling prices were steady to $2 lower; calves traded $2-$4 below week-ago levels. Saskatchewan and Manitoba experienced their first major snowstorm of the season last week. The market tends to incorporate a risk discount for adverse weather as buyers factor in higher death loss. Also, major feedlot operators believe […] Read more
Feed weekly outlook: Barley, wheat prices among highest ever
MarketsFarm — Feed grain prices continue to push higher following a somewhat disappointing harvest on the Prairies this year, according to Glen Loyns, general manager of JGL Commodities at Moose Jaw, Sask. “We’re seeing upticks on all feed. Everything is up. You’re seeing high prices on wheat and barley. And you’re going to continue to […] Read more
Klassen: Feeder market on soft slope
Compared to last week, western Canadian yearling prices were steady to $2 lower on average while calves traded steady to as much as $4 lower in certain regions; calves under 550 pounds were quoted $3-$6 below week-ago levels. Barley and wheat prices continue to percolate higher, causing a defensive sentiment amongst buyers. Southern Alberta and […] Read more
Feed weekly outlook: U.S. corn filling Canadian feed shortages
MarketsFarm – As winter approaches, corn is making up a greater appearance in feed channels, supplanting barley and wheat in the process. “In Western Canada, the yields were significantly lower than average. So we’re importing a lot of feed into Western Canada, mostly corn and corn with DDGs (dried distillers’ grains),” said Allen Pirness, manager […] Read more
Team Alberta calls for more action from the provincial government
The four major crop commissions say the government’s message is that producers will have to rely only on crop insurance
Reading Time: 3 minutes Representatives of Alberta’s four major crop commissions, known as Team Alberta, want producers to know their precarious situation hasn’t been forgotten. On October 13 Team Alberta issued a memo to producers outlining how it “continues to press the provincial government to acknowledge the ongoing situation and find solutions to protect farmers against the mounting risks […] Read more
Klassen: Feeder cattle market continues on downward trend
Compared to last week, Western Canadian yearling markets dropped $2 to $4 while calf prices sank $2 to as much as $6 on average. Rising feed grain prices set a negative tone. Adverse weather also contributed to lower bids, especially in the lighter weight categories. Most auction barns had feature calf sales this past week. […] Read more
We’ve planted some digital seeds in the fields of journalism
Reading Time: 3 minutes When farmers plant a seed, it becomes many. It is the purest form of wealth creation. It also takes many to cover even a fraction of the stories that could be done on seeds, and how humans develop, improve, preserve, and understand them. Over the past few months, more than two dozen journalists from across […] Read more
Feed weekly outlook: Almost out of space for corn
MarketsFarm – At this point of the fall, there’s not much room still to be had for feed corn, according to Brandon Motz of CorNine Commodities in Lacombe, Alta. In the meantime, prices for feed barley and wheat continued to push higher. “The in-bound corn is picking up and we are starting to see new […] Read more