MarketsFarm — While prices for Canadian feed grains are quite higher than they were a year ago, high-delivered bids for feed grains have seen a slight drop-off over the past month. “Demand has just fallen off a little bit,” Glen Loyns, general manager of JGL Commodities at Moose Jaw, said. “Farmers are either getting down […] Read more
Feed weekly outlook: Prices dropping off over past month
Prairie cash wheat: Bids mixed as loonie jumps
MarketsFarm — Bids for Canada Western Red Spring (CWRS) and Canada Western Amber Durum (CWAD) wheats dropped while those for Canada Prairie Spring Red (CPSR) wheat made their way upward during the week ending Wednesday. Wheat futures in the U.S. were mixed, while the Canadian dollar rose. The market reacted to both the prospective plantings […] Read more
Prairie cash wheat: Bids mixed with falling futures, weaker loonie
MarketsFarm — Bids in Western Canada were mixed this week for Canada Western Red Spring (CWRS) wheat and steady to lower for Canada Prairie Spring Red (CPSR) and durum (CWAD). Lower prices in U.S. wheat markets weighed on values, while a weaker Canadian dollar provided support. Average CWRS (13.5 per cent protein) wheat prices were […] Read more
Feed weekly outlook: Prices to remain strong in spring
MarketsFarm — Higher prices for feed grains in Western Canada are expected to stay that way, according to a trader in Alberta. Erin Harakal, senior trader for Agfinity at Stony Plain, Alta., said factors such as increased demand overseas and depleted domestic stocks will continue to keep prices elevated for feed grains. While she doesn’t […] Read more
Feed weekly outlook: Wheat stocks should limit barley’s further upside
MarketsFarm — Feed barley bids in Western Canada remain strong, although ample wheat supplies should limit the upside heading into the new growing season. Feed barley in the Lethbridge region of southern Alberta is currently trading at around $305-$310 per tonne, according to Jim Beusekom of Market Place Commodities. Prices for delivery later in the […] Read more
Oats riding high with other crops
MarketsFarm — Increased demand, both domestically and overseas, has caused the price of oats grown in Western Canada to rise compared to last year. And so far, seeding projections and rising prices for other crops suggest the market for oats won’t go down anytime soon. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids […] Read more
Demand from China puts Ukraine barley above top-end milling wheat
Kyiv | Reuters — Prices for Ukrainian-origin barley from this year’s harvest have exceeded those of high quality milling wheat due to strong demand from China, analysts at APK-Inform said on Friday. Forward contract prices for 2021 harvest barley stood at $220-$230 a tonne c.p.t. (carriage paid to) Black Sea June-July delivery, while high-quality milling […] Read more
Feed weekly outlook: High barley prices to stay awhile
MarketsFarm — The price of feed barley in Western Canada, along with those of other feed grains such as corn and wheat, has jumped over the past year and shows no signs of a drop-off. Mike Fleischhauer of Eagle Commodities in Lethbridge said international demand — especially in China, Japan and India — has grown […] Read more
Newer and better malt varieties starting to get some love
Maltsters still smitten with the old standards but the future belongs to new varieties
Reading Time: 4 minutes It’s a slow process to get international maltsters to accept new barley varieties, partly because of unfamiliarity and partly because farmers aren’t growing enough of them. “They do prefer what they know, which are varieties like AC Metcalfe and CDC Copeland,” said Peter Watts, managing director of the Canadian Malting Barley Technical Centre. “But a […] Read more
U of A gets more funding from grains foundation
Reading Time: < 1 minute The University of Alberta is getting a research plot seeder and combine for its wheat-breeding program thanks to a $289,000 grant from the Western Grains Research Foundation. The program focuses on development of hard red (CWRS) and high-yield (CPS) spring wheat varieties, and also conducts research into genetics of disease resistance, nitrogen-use efficiency in wheat, […] Read more