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: Steady now but supplies will weigh
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
Feed weekly outlook: Grains pressured by lower demand
MarketsFarm — Bids for feed grains have backed off previous highs as feedlots in Western Canada are covered into the New Year. “Now they’re bidding January and forward,” said Allen Pirness of Market Place Commodities in Lethbridge. Bids for feed barley and feed wheat delivered from January to March were around $220 per tonne, according […] Read more
Feed weekly outlook: Purchases delayed as prices steady, supplies ample
MarketsFarm — With good supplies available, don’t expect to see much movement in prices for feed wheat and barley over the next several months, according to Nelson Neumann. Neumann, senior trader for Agfinity at Stony Plain, Alta., said barley currently was around $223 per tonne Lethbridge delivered and wheat was a little back at $220 […] Read more
Feed weekly outlook: Firm Prairie market leveling off
MarketsFarm — Logistics issues moving grain where it needs to be in Western Canada continue to prop up feed prices, but the market is starting to level off, according to a broker. “We are seeing a bit of a shortage of trucks,” said Tracy Green of Market Master Ltd. in Edmonton, adding “things are still […] Read more
Feed weekly outlook: Tight logistics underpin barley in Feedlot Alley
MarketsFarm — The adverse 2019 harvest across Western Canada may have left more grain grading as feed than normal, but issues in getting that barley and wheat to livestock continue to prop up prices for the time being. “We’ve seen a rally in the feed barley market the last four weeks,” said Brandon Motz, of […] Read more
Feed weekly outlook: Prolonged Prairie harvest pushes up grain prices
MarketsFarm — A seemingly never-ending harvest across the Prairies has been responsible for a $10-$15 per tonne jump this month in feed grain prices, said Glen Loyns, general manager of JGL Commodities in Moose Jaw. “It’s probably gone up $5 this week,” Loyns said. This year’s extended harvest, coupled with large amounts of grain to […] Read more
Glencore’s head barley trader leaves post
Paris | Reuters –– Glencore Agriculture removed head barley trader Mathieu Kleine from his post last week, market sources familiar with the matter said. The grain merchant, which is part owned by diversified commodity group Glencore, dismissed Kleine due to disappointing results, two of the sources said. It was not clear if Kleine was still […] Read more
Better barley: There’s a long wish list for brewers and feeders
Yield is No. 1 for growers but elements such as ‘Lox,’ beta-glucan, and acid detergent fibre are key, too
Reading Time: 5 minutes Ask most barley producers what they want in a variety and the answers won’t surprise you: Better yield, standability and disease resistance. But when it comes to buyers, it gets a little more complex. Both foreign and domestic customers — especially beer makers, but also feeders — are looking for traits few people even thought […] Read more
Is barley making a comeback?
The crop doesn’t generate a lot of excitement but that may be changing
Reading Time: 5 minutes If you stopped looking at Prairie acreage numbers two years ago, you can be forgiven for thinking barley is not the sexiest crop choice out there. Although it grabs lots of Alberta acres because of malting and feedlot demand, the barley sector is perceived to be slow to develop new varieties and tethered to inflexible […] Read more
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