Excessively cold temperatures in Alberta may be causing headaches for both feed grain buyers and sellers, but prices remain relatively steady for what’s moving. The cold weather hasn’t really led to a significant increase in demand, but “it’s definitely made the farmer grumpy,” said Brandon Motz of CorNine Commodities in Lacombe, Alta. “In general, the […] Read more
Feed weekly outlook: Markets steady amid cold Alberta weather
Feed weekly outlook: Little to change for Prairie prices
As feedlots reduce their cattle numbers, demand for feed grains has declined on the Canadian Prairies, according to Market Place Commodities trader Allen Pirness at Lethbridge. “It’s a pretty calm time of year. The feedlots are shipping a lot of fat cattle more than they are replacing. Their grain consumption drops off a little bit […] Read more
Feed weekly outlook: Prairie wheat, barley prices still look good
Prices for feed wheat and barley in Western Canada are doing pretty good, according to Nelson Neumann of Agfinity in Edmonton. Feed wheat is up to $6 per bushel in the Edmonton area and about $250 per tonne in the Lethbridge area, he said. Feed barley was still quite strong, although the price had softened […] Read more
Feed weekly outlook: Tight supplies, good demand support barley
Solid demand, both domestically and internationally, coupled with tightening world supplies is keeping barley bids well supported in Western Canada and should lead to increased acres this spring. “The price of feed barley is staying historically high,” said Brian Otto, chair of the Barley Council of Canada, noting feed barley at Lethbridge was currently trading […] Read more
Feed weekly outlook: Prairie prices stable during mild winter
With the mild winter Western Canada has been experiencing, feed grain buyers expect prices should stay quiet for the next while. “I would say the buyers have adequate coverage for January, February, even a bit of March. And I would say we maybe have seen the (barley) price soften up a bit,” said Nelson Neumann, […] Read more
Putting the success into farm succession
Hilton Ventures has grown by leaps and bounds but the greatest accomplishment is bringing in the next generation
Reading Time: 6 minutes By virtually any measure, the Hilton family is successful. Over the past three decades, the family has expanded its Strathmore-area operation from just over 2,800 acres to around 13,000, diversified crop production, and started a successful malting and brewing company that complements the core farm business. As well, family members have taken leadership roles in […] Read more
Being open to new ideas creates opportunity
Farm family isn’t fearful of doing something different if someone is passionate about it
Reading Time: < 1 minute When Kyle Geeraert was getting his start in agriculture one of his stops was managing a grain company, where he and wife Meleah were exposed to some new malting equipment they thought had promise. Meleah happened to have some connections in the industry. She is the daughter of Spencer and Lynne Hilton and malting barley […] Read more
Feed weekly outlook: Prairie grain prices higher than last year
CNS Canada — Nice weather over the holidays allowed for good movement of feed grains in Western Canada, with prices steady to above year-ago levels. “I would say we cruised through Christmas and (the) New Year holidays fairly well. Not a lot of massive panic. We had nice weather which really helped, loads continued to […] Read more
Feed weekly outlook: Alberta feed grains firm
CNS Canada — The seasonality of the feed grain sector is contributing to a firmer tone in Alberta barley and feed wheat bids heading into the New Year. “We’ve seen bids in our office on feed barley jump up a decent amount,” said Nelson Neumann, a trader with Edmonton-area grain brokerage Agfinity. He linked the […] Read more
European malting giant to buy Cargill Malt business
Cargill’s Prairie Malt plant in western Saskatchewan is destined for new European ownership under a deal publicly proposed Thursday. The Boortmalt Group, the malting arm of French agricultural co-operative Axereal, has announced its “intention to enter into an agreement” to buy Cargill Malt from the U.S. agrifood firm for an undisclosed sum. Boortmalt, which bills […] Read more
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