CNS Canada — A lack of available barley and steady rise in feed corn prices has pushed the market higher in southern Alberta. According to Jim Beusekom of Market Place Commodities at Lethbridge, barley prices have risen from $220 per tonne, since the start of February, to the current price of $230 per tonne. “The […] Read more
Feed weekly outlook: Prairie feed grains following corn’s lead
Wheat and barley groups merge management
The two organizations will have their own boards but are slimming down their administration costs
Reading Time: 2 minutes The trial went well, so the boards of Alberta Barley and the Alberta Wheat Commission have decided to permanently merge the management ranks of the organizations. “The ultimate goal of this exercise is to provide more value to you as producers,” Tom Steve told attendees at Alberta Wheat’s AGM at FarmTech. “We will continue to […] Read more
Trying to grow malt barley can make you cry in your beer
There’s way more money in malt than feed, but just 20 per cent of growers capture 80 per cent of malt sales
Reading Time: 4 minutes Kevin Sich thinks malt barley could give canola a run for its money any day of the week — even if market share doesn’t reflect that. “Malt barley is probably one of your most profitable crops. Return on investment is probably very strong,” said Sich, Rahr Malting’s grain department manager. “But if malt barley is […] Read more
Klassen: Stronger fed cattle prices jolt feeder market
Feeder cattle markets came alive last week as fed cattle prices took a fortuitous bounce. Alberta packers were buying fed cattle in the range of $276-$279 on a dressed basis, up approximately $4 from week-ago levels. Improving beef demand enhanced wholesale beef prices, which quickly spilt over into the cattle complex. Compared to last week, […] Read more
Prairie wheat bids mixed while U.S. futures rise
CNS Canada — Wheat bids in Western Canada were mixed for the week ended Thursday, while U.S. wheat futures rose. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some unchanged and others rising by $1-$2, according to price quotes from a […] Read more
Feed weekly outlook: Supplies tighten as demand rises
CNS Canada — As supplies tighten, Lethbridge feedlots are looking for the cheapest options when it comes to feed. “Supply seems to be tight in general. There’s not a lot of offers on either corn or barley at the moment. And demand is higher than expected coming into March,” said Brandon Motz, sales manager at […] Read more
Nothing to write home about but durum is getting second looks
This could be a year when half bad looks pretty decent, and that’s why durum is getting some attention
Reading Time: 3 minutes Pulse acres are expected to drop this year, and while many are predicting a corresponding rise in canola acres, another crop is drumming up some interest among producers. “I’ll be interested to see what happens this year with the possible decrease in pulses that could happen in Canada due to all the tariffs,” said Keldon […] Read more
A tsunami of Black Sea wheat is flooding global markets
The Black Sea troika of wheat producers used to be minnows — now they’re giants and still growing
Reading Time: 3 minutes The Russians aren’t coming, they’ve already arrived. And they’ve been joined by the Kazakhs and Ukrainians. The surge of wheat exports from Black Sea producers into global grain markets isn’t new, but most Prairie farmers may not appreciate just how strong they’ve become. “Russia continues to dominate the global wheat export trade,” market analyst Marlene […] Read more
Prairie winter wheat conditions no cause for alarm, yet
CNS Canada — While it’s been a cold winter with little snow cover, there is still hope for the Prairies’ winter wheat crop as soil temperatures haven’t hit danger levels yet. “I checked the soil temperatures this morning across the Prairies and most of the soils are about -10 C and winter wheat at this […] Read more
Feed weekly outlook: Alberta prices see wide range
CNS Canada — A tale of two markets is emerging in Alberta as feed users in the south take advantage of cheap corn trucked in from Manitoba, while users farther north pay higher prices. “As far as Red Deer north goes, it’s quite different than feedlot alley,” said Joseph Billett, general manager of Agfinity in […] Read more