Compared to last week, western Canadian yearling prices were $3 to as much as $6 higher, but calf prices were relatively unchanged. Major feedlot operators were very aggressive on heavier calves and yearlings weighing 700-850 lbs. Yearlings over 850 lbs. were also well bid but not as strong as their lighter-weight counterparts. Feed barley prices […] Read more
Klassen: Stronger demand drives feeder market
Cereal groups launch joint website
Reading Time: < 1 minute They haven’t reached the altar yet, but Alberta Wheat and Alberta Barley have taken another step down the aisle by launching a joint website at albertawheatbarley.com. The two cereal commissions moved to a combined management structure in 2018 and are in the midst of considering a full merger. A committee is currently putting together a […] Read more
Feed weekly outlook: Alternatives in greater demand
MarketsFarm — Price increases for feed barley and wheat in Western Canada have caused more feeders to look elsewhere for sustenance for their livestock. Prices over the last year have shot up 25 to 40 per cent, according to Prairie Ag Hotwire. “Any time you run into a high-priced commodity market, the cost of feeding […] Read more
Klassen: Feeder market digests USDA acreage report
Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Lower flesh yearlings appeared to trade $2-$3 higher in certain pockets of Alberta but replacements carrying excessive butter experienced severe discounts of $6 to as much as $10 in some cases. October and December live cattle futures made fresh contract highs, which underpinned […] Read more
It’s a start but farm groups and governments eye bigger changes to AgriStability
Changes to the federal farm support program get generally favourable reviews, but calls for a better program aren’t going away
Reading Time: 5 minutes Better, but not great. And let’s come up with something that really works. Those two sentiments characterized most of the comments about the recently agreed-to change to AgriStability. And most producers would add ‘still really complicated’ as the decision by Ottawa and the provinces to scrap the ‘reference margin limit’ will impact individual farms in […] Read more
Feed weekly outlook: Prices dropping off over past month
MarketsFarm — While prices for Canadian feed grains are quite higher than they were a year ago, high-delivered bids for feed grains have seen a slight drop-off over the past month. “Demand has just fallen off a little bit,” Glen Loyns, general manager of JGL Commodities at Moose Jaw, said. “Farmers are either getting down […] Read more
New research funding agency gets first elected board
Farmers make up the majority of the directors overseeing Results Driven Agriculture Research
Reading Time: 2 minutes Like other birthday celebrations this past year, there was not a party. But Results Driven Agriculture Research (RDAR) marked one year of existence by announcing, on a Zoom meeting, the members of its first elected board. The new 10-person board overseeing the research funding organization (replacing one appointed by the province) was elected by its […] Read more
Feed weekly outlook: Prices to remain strong in spring
MarketsFarm — Higher prices for feed grains in Western Canada are expected to stay that way, according to a trader in Alberta. Erin Harakal, senior trader for Agfinity at Stony Plain, Alta., said factors such as increased demand overseas and depleted domestic stocks will continue to keep prices elevated for feed grains. While she doesn’t […] Read more
Klassen: Feeder market remains volatile
Feed grain values remain firm
Last week, western Canadian yearling markets were traded $2-$4 above week-ago levels from Monday through Wednesday; however, buyers backed away from the market on Thursday and Friday as feeder cattle futures fell nearly $7 from Wednesday’s high. By the end of the week, yearlings were relatively unchanged from week-ago levels. Calf prices were relatively flat […] Read more
Feed weekly outlook: Wheat stocks should limit barley’s further upside
MarketsFarm — Feed barley bids in Western Canada remain strong, although ample wheat supplies should limit the upside heading into the new growing season. Feed barley in the Lethbridge region of southern Alberta is currently trading at around $305-$310 per tonne, according to Jim Beusekom of Market Place Commodities. Prices for delivery later in the […] Read more
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