CNS Canada — Nice weather over the holidays allowed for good movement of feed grains in Western Canada, with prices steady to above year-ago levels. “I would say we cruised through Christmas and (the) New Year holidays fairly well. Not a lot of massive panic. We had nice weather which really helped, loads continued to […] Read more
Feed weekly outlook: Prairie grain prices higher than last year
Prairie wheat bids fall with U.S. futures
CNS Canada — Wheat bids in Western Canada were mostly down for the week ended Friday with a weaker Canadian dollar and falling U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $1-$7, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and […] Read more
Falling U.S. futures weigh on Prairie wheat bids
CNS Canada — Hard red spring wheat bids in Western Canada lost ground during the week ended Friday, as losses in U.S. futures more than offset the supportive influence of the declining Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3-$11 per tonne over the course […] Read more
Feed weekly outlook: Alberta feed grains firm
CNS Canada — The seasonality of the feed grain sector is contributing to a firmer tone in Alberta barley and feed wheat bids heading into the New Year. “We’ve seen bids in our office on feed barley jump up a decent amount,” said Nelson Neumann, a trader with Edmonton-area grain brokerage Agfinity. He linked the […] Read more
Feed weekly outlook: Prairie feed grain market inching higher
CNS Canada — The feed grain market in Western Canada is starting to firm up as a lack of farmer selling has supplies tightening. “It seems like we’re kind of moving higher here at the moment. Markets have a firmer tone to them for now,” said Allan Pirness of Market Place Commodities in Lethbridge. “Barley […] Read more
Feed weekly outlook: Prairie market flat as holidays near
CNS Canada — The flat western Canadian feed grain market will continue for the forseeable future, but there could be slight changes around the holidays and into the New Year. “The market has been relatively flat for several weeks now and my guess is it will continue to be that way into the New Year. […] Read more
Four Eastern wheats to be reclassified in July
Four classes of Canada Eastern wheat are set to be reclassified in mid-2019 into a new “Other” class, to cut the costs of segregating grain during commercial handling. The Canadian Grain Commission announced Thursday a new Canada Eastern Other Wheat (CEOW) class will be created effective July 1, 2019. At that time, the Canada Eastern […] Read more
Alberta farmers try to wrap up ‘very unusual year’
CNS Canada — As winter approaches, producers in Alberta are still in the fields trying to wrap up the last bit of the 2018 harvest. According to the final crop report issued by Alberta Agriculture and Forestry, about six per cent of all crops were still in the field at the end of October. The […] Read more
Feed weekly outlook: Durum, red spring wheat head to feed market
CNS Canada — Feed grain prices have fluctuated very little over the past few weeks according to one Alberta-based commodities trader. Jim Beusekom, president of Market Place Commodities in Lethbridge, said corn has been getting $245-$250 per tonne. There is plenty of corn available in the U.S. and its price is often the cap on […] Read more
Trends stand out in StatsCan crop data: report
CNS Canada — Second-guessing Statistics Canada’s crop information may be a time-honoured tradition across the Prairies, but there are trends in the data that stand out, according to a recent report from the government agency. Looking at data over the past decade, total seeded canola acres were revised higher in the June survey compared to […] Read more
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