Reading Time: 3 minutes So what’s it going to be on your wheat acres? Canadian Prairie Spring or Canadian Western Red Spring? “For us, it all comes down to what we can grow well and how it pencils out in terms of profitability,” said Hannah Konschuh, who farms near Cluny. “Usually, it’s dictated by the markets. At this point […] Read more
Wheat class is now in session — which one will you grow?
Hard red spring dominates wheat acres in Alberta, but you have to do the math for your farm
Feed weekly outlook: Prairie wheat stored as southern Plains dry out
CNS Canada — A rise in U.S. corn prices has helped lift the entire feed market in southern Alberta, though one industry expert says it isn’t the only factor strengthening the market. “Barley is getting increasingly difficult to buy as we clean up old-crop supplies,” said Allen Pirness of Market Place Commodities at Lethbridge. Cattle […] Read more
Prairie malt barley prices lower than feed
CNS Canada — With feed barley in tight supply, the tables have flipped with feed prices now sitting higher than those for malt barley in Western Canada. Feed barley prices “make some of these other prices look a bit ridiculous. There’s no demand from the domestic maltsters because they’ve all been plugged up ever since […] Read more
Feed weekly outlook: Canada importing more U.S. DDGS
CNS Canada — A better-quality Canadian grain crop in 2017 has opened the door to increased imports of distillers dried grains with solubles (DDGS) from the U.S., as Canadian livestock feeders look for other options. Canada imported about 700,000 tonnes of the ethanol byproduct from the U.S. in 2017, the largest imports since 2011 and […] Read more
Smucker seen considering sale for Robin Hood, other baking brands
Reuters — J.M. Smucker is considering a sale of its baking brands, including Pillsbury and Robin Hood, Bloomberg reported on Thursday, citing people familiar with the matter. The unit could fetch as much as US$700 million (C$902.4 million), Bloomberg reported, citing one of the sources. A final decision to pursue a sale has not been […] Read more
Sleeman investing to bring back production from U.S.
Canada’s third-biggest national brewer plans upgrades at its southwestern Ontario plant, with which it plans to bring back some production it now contracts out to a U.S. brewery. Guelph-based Sleeman Breweries, owned since 2006 by Japanese brewer Sapporo, announced Monday it will invest $6.61 million to expand packaging capability, put up new beer tanks and […] Read more
Face-to-face visits with our customers pay dividends
You may not know that some of your wheat goes to Nigeria or why building relationships with new customers is so vital
Reading Time: 3 minutes Who are Canada’s top wheat customers? Some of the answers to that question, such as Japan, will be no surprise to anyone. But many would not expect to see one of our newest top customers, Nigeria, on the list. Fifteen to 20 years ago, I would have never guessed that I would be in Nigeria […] Read more
Feed weekly outlook: Prairie feed grain prices on rise
CNS Canada — Prices are rising for feed grains in Lethbridge, with buyers starting to consider their options. “Seems every day this last week we’re surprised at higher offers being triggered than the day before,” said Jared Seitz, trade manager with Agfinity Inc. In Lethbridge, feed barley bids last week were at $5 per bushel […] Read more
Klassen: Feeder cattle markets absorbing price uncertainty
Western Canadian feeder cattle markets were quite variable throughout the week due to the uncertain price structure in the deferred position. Yearling prices differentiated by nearly $15 across the Prairies while lighter calves were relatively unchanged from week-ago levels. Adverse weather throughout January and February has tempered demand for replacement cattle. Southern Alberta has received […] Read more
Canola exports slow down in latest weekly report
CNS Canada — Weekly Canadian canola exports were down during the week ended Sunday, hitting their lowest level since September 2017, according to the latest Canadian Grain Commission data. Canada exported only 129,000 tonnes of canola during the latest reporting period, which compares with the previous five-week average of 194,800 tonnes. Total canola exports during […] Read more
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