MarketsFarm — Unlike the dramatic leaps wheat prices have made since the Russian invasion of Ukraine 12 days ago, malt barley prices have moved very little, according to Kris Moric of Johnston’s Grains in Calgary. Wheat “is not pulling barley prices with it, as far as we can see on our end,” Moric said, noting […] Read more
Low demand for barley keeps prices stable
Wheat's volatility not reflecting onto barley values
Prairie cash wheat: Russia-Ukraine conflict fuels price rallies
U.S. wheat futures way up on week
MarketsFarm — Russia’s ongoing invasion of Ukraine has not only sparked a conflict between two of the world’s major wheat exporters, but also limit-up price rallies for wheat futures during the week ended Thursday. As sanctions grow against Russia, as well as uncertainty over access to Ukrainian ports on the Black Sea, fears of a […] Read more
AGT building oat milling plant in Saskatchewan
Regina pulse processor AGT Foods plans to bulk up its portfolio in the plant-based ingredients business with a new oat milling operation in central Saskatchewan. The company on Thursday announced it would start construction “immediately” on the new operation, to be housed in an expansion of its existing processing plant just east of Aberdeen, about […] Read more
Feed weekly outlook: Rising oil prices increase freight charges
MarketsFarm — Acquiring livestock feed has been increasingly expensive as Russia’s ongoing invasion of Ukraine, and a retaliatory ban on Russian oil imports by many Western nations, has caused oil prices to severely rise every day. As corn imports from the U.S. continue to make their way into Alberta feedlots, the cost to transport them […] Read more
A small silver lining in 2021: Drought pushes down fusarium levels
And planting fusarium-free seed gives growers a chance to push them down a bit further
Reading Time: 3 minutes Last summer’s drought drove down fusarium head blight levels across the province. But it’s still lurking, and increasingly that’s happening in parts of the province that have been spared in the past. “This year, just over five per cent of samples that we’re testing from Alberta have been positive for fusarium graminearum,” said Trevor Blois, […] Read more
Prairie cash wheat: Spring wheat bids higher, activity choppy
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
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