MarketsFarm — Canadian feed grain bids remain strong, although end-users are only buying on a hand-to-mouth basis as they await an influx of cheaper corn imports from the U.S. “Everybody is waiting on the corn situation to figure out where we’ll go,” said Suzanne Leclerc, owner of Market Master Ltd. in Edmonton. “Buyers are buying […] Read more
Feed weekly outlook: Canadian markets firm, waiting on U.S. corn
Feed weekly outlook: Harvest lowers wheat, barley prices
MarketsFarm — With the hot and dry summer of 2021 now in the rearview mirror, the higher-than-normal prices for Alberta feed wheat and barley are starting to taper off as combining nears completion. “I think what we’ve been seeing for feed barley prices in (southern Alberta) is anywhere from $380 (per tonne) for October and […] Read more
Feed weekly outlook: U.S. corn imports to supplement tight supplies
Feeders seeking barley would 'have to pay up'
MarketsFarm — The looming corn harvest in the United States should keep a lid on rising feed grain prices in Western Canada, with more corn expected to make its way into Canadian feedlots this winter. “U.S. corn should start landing in Lethbridge sometime in October or early November,” said Jim Beusekom, of MarketPlace Commodities at […] Read more
Feed weekly outlook: Incoming corn pressures barley, wheat
MarketsFarm — Pressure from forthcoming corn imports from the U.S. have been driving down feed prices for barley and wheat in Saskatchewan and Manitoba, according to Evan Peterson, trader with JGL Commodities in Saskatoon. Meanwhile, prices in Alberta held steady. “We’re seeing some decent coverage right now on the feeder side. We’re waiting for the […] Read more
Feed weekly outlook: Crop estimates show severity of drought
'Corn bandwagon' filling up
MarketsFarm — Preliminary crop yield estimates released by Statistics Canada on Monday outlined just how severely the drought in Western Canada cut into production. Mike Fleischhauer, general manager for Eagle Commodities at Lethbridge, Alta., was not at all surprised by the numbers. “I think we knew that was happening all along,” he said. “There are […] Read more
Feed weekly outlook: No surprises in latest barley numbers
MarketsFarm — Following the release of monthly supply and demand estimates from Agriculture and Agri-Food Canada (AAFC) Thursday, Brandon Motz of CorNine Commodities at Lacombe, Alta. wasn’t surprised at how low the numbers dropped, particularly for barley. Motz commented the harvest hasn’t been as good as initially thought, noting the AAFC report confirmed the situation […] Read more
Feed weekly outlook: New crop expected to stabilize feed prices
Drought will drag Prairies' yields much lower
MarketsFarm — New crop is starting to make its way into feed grain bins as the annual harvest gets underway in Alberta. However, due to the drought conditions which have enveloped Western Canada, yields will be much lower than normal. “(The yields are) generally lower than expected and (there’s been) some disappointment,” said Allen Pirness, […] Read more
Feed weekly outlook: Bids rising in Saskatchewan
MarketsFarm — Feed grain prices in Western Canada are continuing their ongoing rise as heat and dryness cover the region. “For feed wheat (on Tuesday), I finally got a bid of $10 per bushel, which is really an amazing bid,” said Dale McManus, broker for Johnston Grains at Welwyn, Sask. The high-delivered bid for feed […] Read more
Damp Ireland offers some grain drying tips for the dry Prairies
Farmers here can learn a few lessons about drying malt barley from the Emerald Isle
Reading Time: 3 minutes What can malt barley producers on the Prairies learn about grain drying and storage from a country like Ireland, where the climate almost couldn’t be more different? Quite a bit, says an expert familiar with both. The weather is very different but Ireland and the Prairies share some similar challenges, notably dealing with high-moisture malt […] Read more
Feed weekly outlook: Heat reducing potential yields, raising prices
MarketsFarm — The hot and dry summer that has enveloped all of Western Canada is already bringing down projected yields for feed grains, creating an inverse effect on prices. “We’re losing the crop here right now with the heat and lack of moisture across the Prairies and the northern Plains of the United States,” said […] Read more
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