MarketsFarm — Feed barley bids in Western Canada have softened over the past few weeks, but should stabilize as the spring approaches. “I don’t think there’s a lot of potential to push this thing much higher, and I don’t think the bottom will fall out either. What you see is what you get,” Matt Froehlich, […] Read more
Feed weekly outlook: Softening barley market to stabilize
Prairie cash wheat: Bids mostly weaker on U.S. price declines
MarketsFarm — Bids in Western Canada for the week ended Thursday were steady to lower for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and durum (CWAD) wheats, as declines in U.S. wheat prices weighed on values. The Canadian dollar was up two-10ths of a U.S. cent during the week, which also put […] Read more
Mexico wants Canadian oats
MarketsFarm — Mexico’s largest oat manufacturer is calling for Canadian oat producers to explore new varieties and increase acreage in order to keep up with global demand. Jorge Sanchez, chief financial officer of Mexico’s Corporativo Grupo Vida Internacional, said Canada’s oat crops need to “adapt to changing growing conditions” in order to meet world demand, […] Read more
Feed weekly outlook: Bids pressured by lower demand
MarketsFarm — Feed grain prices have remained soft, as feedlots in Western Canada are covered for the foreseeable future. Last week, prices for feed barley and feed wheat delivered in Lethbridge were around $230 per tonne, but have come down by about $10 since then, according to Allan Pirness of Market Place Commodities. While these […] Read more
Opinion: On cereal commissions. Collaboration? Yes. Amalgamation? No
Sharing staff has been good for Alberta Wheat and Alberta Barley, but having one board wouldn’t be wise
Reading Time: 3 minutes At FarmTech last month, the membership of the Alberta Wheat Commission passed a resolution to explore the possibility of one governance structure with the Alberta Barley Commission. Alberta Barley passed a similar resolution at its AGM in December. The exploratory process shouldn’t be clouded by turf wars on the employee side of things since the […] Read more
Oat area poised to rise
MarketsFarm — Solid prices and growing demand — and risk aversion among growers — should see more oat acres seeded in Canada in 2020, with early signs pointing to the largest oat crop in more than a decade. Agriculture and Agri-Food Canada predicted 2020 oat area at 3.93 million acres in its January report, which […] Read more
Sudan to continue to subsidize bread but with ‘justice’
Khartoum | Reuters — Sudan will continue to subsidize bread prices during transitional rule after Omar al-Bashir’s ouster but wants to achieve “justice” in distributing income supports, its trade and industry minister said on Wednesday. Bread shortages, caused by difficulties in raising hard currency to import wheat, triggered mass protests which — with the help […] Read more
Falling number fallout creating new pricing regime for wheat
It’s not an official grading factor, but falling number is increasingly determining what you get paid
Reading Time: 5 minutes Falling number tests are becoming a key factor in the price you get for your wheat. But farmers are on their own when it comes to negotiating with grain companies, says the general manager of Alberta Wheat. “The grain companies say, ‘No, this is an anomaly, we won’t have wet years like this every year,’ […] Read more
Prairie cash wheat: Lower loonie strengthens bids
MarketsFarm — Wheat bids in Western Canada for the week ended Thursday were up for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat. Bids for Canada Western Amber Durum (CWAD) were steady to higher. The Canadian dollar was down by approximately four-10ths of a cent during the week, which provided support […] Read more
Strong export demand, acreage ahead for barley
Lower supplies from Australia benefit Canadian growers
MarketsFarm — Canadian malting barley acreage is expected to remain high in the coming year, mostly due to strong export demand. Peter Watts, managing director of the Canadian Malting Barley Technical Center in Winnipeg, said tough harvest conditions were partially to blame for lowered malt barley output in 2019. “We had a fairly lousy harvest, […] Read more