There were no market reports last week due to the holiday season; however, I still received a few calls from cattle producers regarding the feeder market outlook for the first quarter of 2023. The feeder market finished 2022 at 52-week highs. Steers averaging 500 lbs. were readily trading over the psychological $300 level while 900-lb. […] Read more
Klassen: Feeder market to start 2023 on firm tone
Counter-seasonal behaviour expected
Feed weekly outlook: Grain, price movement ongoing over holidays
Colder weather stymies deliveries
MarketsFarm — With the Christmas break come and gone, more grain is being delivered to feedlots, according to one Lethbridge trader. Mike Fleischhauer of Eagle Commodities Ltd. said that despite the holiday season, in which lighter activity is expected, there was still some movement in feed grain prices. Wheat and barley were both valued at […] Read more
No leadership change prior to grain groups’ merger
Reading Time: < 1 minute Alberta Barley’s senior leaders are staying on as the farm group heads toward amalgamation with Alberta Wheat. Following its AGM earlier this month, the organization said Acme producer Tara Sawyer is staying on as chair and Roy Newman, who farms in the Blackie area, will continue to serve as vice-chair. “During this critical time period […] Read more
Feed weekly outlook: Alberta barley bids steady heading into holidays
MarketsFarm — The Lethbridge feed grain market is holding relatively steady heading into the holiday season, with ample imports of corn from the U.S. keeping a lid on prices. Reports out of Alberta’s feedlot alley peg the upper edge of delivered barley bids in the $430-$435 area, with feed wheat seeing similar prices. Feedlots are […] Read more
Trial examines plant growth regulators under real-life conditions
There was a reduction in lodging but PGR effectiveness depends on the product, variety and location
Reading Time: 4 minutes Do plant growth regulators reduce lodging in wheat? They had an impact, but not a huge one, in an on-farm field trial done under the Plot2Farm program this year. “What we’ve seen is that they are not a silver bullet when it comes to lodging,” said Jeremy Boychyn, agronomy research extension manager for Alberta Barley […] Read more
Carlsberg to buy Ontario’s Waterloo Brewing
Danish brewing giant paying $144 million to scale up Canadian business
One of the world’s biggest beer companies is moving to expand its brewing capacity on Canadian soil with a $144 million deal for Kitchener-based Waterloo Brewing. Carlsberg Group on Wednesday announced an all-cash deal worth $4 per share for all shares of Waterloo Brewing, which bills itself as the largest Canadian-owned brewery in Ontario and […] Read more
Feed weekly outlook: Barley, wheat prices pull back
Truck shortage 'hasn't gotten any better'
MarketsFarm — Prices for feed barley and wheat are coming down on the Prairies, said Susanne Leclerc of Market Master Ltd. in Edmonton — and a big part of that trend is the lack of demand for either commodity. “Buyers are fairly well covered. There seems to be a lack of desire for buyers to […] Read more
The old guard in malt barley is starting to give way
Two up-and-comers top the recommended list from the Canadian Malting Barley Technical Centre
Reading Time: 3 minutes The short list of recommended malt barley varieties is even shorter this year and a familiar name is missing. There are only four on this year’s list of varieties recommended by the Canadian Malting Barley Technical Centre. “At the top of the list this year are two of Canada’s newer varieties, AAC Connect and CDC […] Read more
Feed weekly outlook: Wheat, barley eschewed for other grains
Oats, corn finding demand as feed
MarketsFarm — Feed wheat and barley prices in Alberta’s feedlot alley are coming down, largely due to the increasing presence of corn imported from the U.S. The high-delivered bid for Alberta feed barley on Wednesday was $9.80 per bushel, 11 cents lower than the previous week and 22 cents lower than one month earlier, according […] Read more
Australia looking at record wheat, canola crops
Near-record winter crop output expected
MarketsFarm — Australia is forecast to harvest record-large wheat and canola crops in 2022-23, with improved crop prospects in many parts of the country more than offsetting losses in others. That analysis comes from the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), released Tuesday. Total production of […] Read more