MarketsFarm — Tighter global supplies are keeping the Canadian durum market well supported this winter, with firmer prices likely when the Port of Thunder Bay reopens for the spring. “We’re seeing a very strong export demand for durum,” said Jerry Klassen, manager of Canadian operations for Swiss-based GAP S.A. Grains and Products in Winnipeg. Canada […] Read more
Tighter supplies, solid demand underpin durum bids
Prairie cash wheat: Bids mostly lower
MarketsFarm — Wheat bids in Western Canada were mostly lower for the week ended Friday. Losses were observed in Canada Western Red Spring Wheat (CWRS) and Canada Prairie Spring Red (CPSR), with durum (CWAD) slightly higher. Average CWRS (13.5 per cent protein) wheat prices were down by about 50 cents to $1 per tonne, according […] Read more
Feed weekly outlook: Best not to wait to sell
MarketsFarm — As warmer winter temperatures are bound to happen, the sooner farmers can sell their feed grain the better, said Nelson Neumann, senior trader for Agfinity at Stony Plain, Alta. “There’s still a lot of high-moisture feed grain that’s in storage and frozen,” he said, commenting “I wouldn’t be surprised if we saw a […] Read more
Prairie barley groups back new research funding arm
The three Prairie barley growers’ groups are taking a more “collaborative” approach to longer-term national and regional research work on barley breeding. SaskBarley, Alberta Barley and the Manitoba Wheat and Barley Growers Association on Monday launched what they’ve dubbed the Canadian Barley Research Coalition (CBRC), following a path similar to that of the three provincial […] Read more
Prairie cash wheat: Depending on variety, bids a mixed bag
MarketsFarm — Wheat bids in Western Canada varied for the week ended Thursday. Canada Western Red Spring (CWRS) wheat was mixed, while Canada Prairie Spring Red (CPSR) was stronger, and durum (CWAD) steady to slightly higher. The Canadian dollar lost about a half cent during the week. Average CWRS (13.5 per cent protein) wheat prices […] Read more
Feed weekly outlook: Firm undertone to Prairie grains
MarketsFarm — Solid demand from cattle feeders and ongoing logistic issues across the Prairies should keep a firm undertone in the feed grain market for the time being, according to an Alberta broker. “The feed market has definitely moved higher,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., adding “demand is strong through feedlot […] Read more
Bishop stays on as chair of Alberta Barley
Reading Time: < 1 minute Dave Bishop will continue as chair of Alberta Barley for a second year. Bishop, who farms near Barons, is entering his final year on the farm group’s board. Wade McAllister, who farms near Innisfail, will serve as vice-chair. He joined the board a year ago and said “taking on a leadership role in the barley […] Read more
Malt barley recommendations for 2020
Reading Time: < 1 minute AAC Connect and CDC Bow have made the Canadian Malting Barley Technical Centre’s short list of recommended varieties for the coming year. The duo joins longtime favourites CDC Copeland, AAC Synergy, and AC Metcalfe on the short list. Those three accounted for 88 per cent of insured Alberta barley acres in 2019 — Copeland was […] Read more
Prairie cash wheat: Bids rise over holidays
MarketsFarm — Hard red spring wheat bids in Western Canada posted solid gains during the two-week holiday period ended Thursday, as gains in U.S. futures more than made up for the bearish influence of the rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $5-$9 per […] Read more
Feed weekly outlook: Steady now but supplies will weigh
MarketsFarm — Recent strength in U.S. wheat futures may be lending some spillover support to Canadian feed grain bids, but large supplies and a lack of aggressive demand kept the market steady heading into the New Year. The rise in wheat futures “has made the farmer a more reluctant seller,” said Allen Pirness of MarketPlace […] Read more