MarketsFarm — As warmer winter temperatures are bound to happen, the sooner farmers can sell their feed grain the better, said Nelson Neumann, senior trader for Agfinity at Stony Plain, Alta. “There’s still a lot of high-moisture feed grain that’s in storage and frozen,” he said, commenting “I wouldn’t be surprised if we saw a […] Read more
Feed weekly outlook: Best not to wait to sell
Klassen: Feeder market starts 2020 on steady tone
Compared to last week, short-keep replacement cattle and feeders in the mid-weight categories were steady to $3 lower on average; feeder cattle under 600 lbs. traded $2 lower to as much as $5 higher. Featherlight calves remain strong trading at similar levels to late December. Most auction markets resumed their regular sales schedules last week. […] Read more
Prairie barley groups back new research funding arm
The three Prairie barley growers’ groups are taking a more “collaborative” approach to longer-term national and regional research work on barley breeding. SaskBarley, Alberta Barley and the Manitoba Wheat and Barley Growers Association on Monday launched what they’ve dubbed the Canadian Barley Research Coalition (CBRC), following a path similar to that of the three provincial […] Read more
Feed weekly outlook: Firm undertone to Prairie grains
MarketsFarm — Solid demand from cattle feeders and ongoing logistic issues across the Prairies should keep a firm undertone in the feed grain market for the time being, according to an Alberta broker. “The feed market has definitely moved higher,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., adding “demand is strong through feedlot […] Read more
A normal crop year went out the window in 2019
It seems pretty much everyone had severe weather challenges this year, but they came in many forms
Reading Time: 5 minutes Weather always gets talked about, but usually there are other issues that mark the year gone by. But this was a year when the rain gauge and thermometer were front and central from spring to harvest. Or rather, what passed for harvest. With about 1.6 million acres of crops still in the field, the story […] Read more
Bishop stays on as chair of Alberta Barley
Reading Time: < 1 minute Dave Bishop will continue as chair of Alberta Barley for a second year. Bishop, who farms near Barons, is entering his final year on the farm group’s board. Wade McAllister, who farms near Innisfail, will serve as vice-chair. He joined the board a year ago and said “taking on a leadership role in the barley […] Read more
Malt barley recommendations for 2020
Reading Time: < 1 minute AAC Connect and CDC Bow have made the Canadian Malting Barley Technical Centre’s short list of recommended varieties for the coming year. The duo joins longtime favourites CDC Copeland, AAC Synergy, and AC Metcalfe on the short list. Those three accounted for 88 per cent of insured Alberta barley acres in 2019 — Copeland was […] Read more
Feed weekly outlook: Steady now but supplies will weigh
MarketsFarm — Recent strength in U.S. wheat futures may be lending some spillover support to Canadian feed grain bids, but large supplies and a lack of aggressive demand kept the market steady heading into the New Year. The rise in wheat futures “has made the farmer a more reluctant seller,” said Allen Pirness of MarketPlace […] Read more
Feed weekly outlook: Prairie market stable heading into New Year
MarketsFarm — Western Canadian feed grain markets are showing some stability heading into the New Year, as buyers have generally booked coverage over the holiday season. “Everybody is just waiting to see what will happen,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. While large amounts of tough grain were moving, he said there was […] Read more
Buckle up — grain markets are in for a bumpy ride
Politics, protectionism and the increasing odds of a global recession make for a ‘tough market’
Reading Time: 5 minutes Trade wars around the globe have created a turbulent marketplace for Canadian farmers — and the wild ride isn’t likely to end any time soon. “Over the past two years, the markets really stand apart from what I’ve seen in the 30 years that I’ve been following the grain markets,” said Mike Jubinville, senior market […] Read more