MarketsFarm — Spring wheat bids across Western Canada moved higher during the week ended Thursday as gains in U.S. futures and a weaker tone in the Canadian dollar provided support. Russia’s invasion of Ukraine contributed to gains in wheat futures, but the volatile situation led to large price swings in the markets with values backing […] Read more
Prairie cash wheat: Spring wheat bids higher, activity choppy
Feed weekly outlook: Prices steady, but changes coming
Feedlots moving to full corn rations
MarketsFarm — With feed barley and wheat supplies on the verge of running out, prices remain firm, according to Mike Fleischhauer of Eagle Commodities in Lethbridge. “They’re on the positive side of stationary,” he said, noting prices could soon change following the Russian invasion of Ukraine on Thursday. “With what’s going on with Ukraine and […] Read more
Not surprisingly, the cost of certified cereal seed is up
The price hike for wheat has been modest but barley is up sharply, says market analyst
Reading Time: < 1 minute The cost of certified cereal seed is up and will likely keep climbing in the coming year, says a provincial market analyst. In an Agri-News article in mid-February, Ryan Furtas said barley seed prices shot up eight per cent in a month and are now 26 per cent higher than the five-year average. The price […] Read more
Prairie cash wheat: Red spring up, durum pulls back
U.S. wheat futures up on week
MarketsFarm — Wheat prices on the Prairies during the week ended Thursday saw increases for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) and declines for durum (CWAD). The Russia-Ukraine border crisis spurred a good part of the increases in U.S. wheat markets. The ongoing threat of war could harm wheat production […] Read more
Feed weekly outlook: Big demand lacking for barley, wheat
MarketsFarm — Prices for feed barley have swung a little higher over the last week — but it’s not due to feedlots needing a lot of the cereal, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. Barley prices, he said, were $420-$424 per tonne delivered into Lethbridge, with offers as high as $445 […] Read more
End of the wheat and barley merger road in sight
Up next is a plebiscite on merging the boards of the two farm groups, which already share staff and offices
Reading Time: < 1 minute The long anticipated merger of the province’s wheat and barley commissions is now one step away from being a done deal. Delegates at Alberta Wheat’s recent annual general meeting supported a resolution to have a farmer plebiscite on amalgamating with Alberta Barley, whose members took the same step in December. The vote allows the two […] Read more
Watch out for grasshoppers and wheat stem sawfly this year
Some pests do just fine when it’s hot and dry while others suffer, and all try to adapt
Reading Time: 3 minutes Last summer’s drought and brutal heat was a game changer for insect pests across the Prairies. Some got knocked back, others managed just fine and many acted in new ways as they tried to adapt. “Every pest species we deal with could be responding to these hot and dry conditions differently,” said Meghan Vankosky, a […] Read more
Prairie cash wheat: Bids rally on tightening supplies, drought
U.S. March wheat futures gain on week
MarketsFarm — New supply data from both sides of the Canada/U.S. border, as well as ongoing drought in wheat growing regions, have supported western Canadian wheat bids for the week ended Thursday. The U.S. Department of Agriculture released its monthly supply/demand estimates on Wednesday and cut its projected global wheat supply estimate for the 2021-22 […] Read more
Feed weekly outlook: Corn seeing higher prices, transportation delays
MarketsFarm — Corn has become the primary feed grain in Alberta feedlots due to its lower price compared to barley and wheat. However, rising corn prices in the U.S. and transportation issues are causing some buyers to give pause. “Basic levels are a little bit stronger. (Add in) the exchange rate, there are a little […] Read more
Feed weekly outlook: Alberta blockade affects feed grain deliveries
MarketsFarm — A truck blockade at a Canada-U.S. border crossing at Coutts, Alta. has caused some headaches for grain buyers in southern parts of the province. Since Saturday, commercial trucks and other vehicles have blocked Highway 4, a 103-km stretch which runs from the border to Lethbridge, to protest COVID-19 health measures. On the U.S. […] Read more
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