MarketsFarm — Waiting for the 2019 harvest to roll in is the only factor that could create a feed shortage, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “As far as things look today, I don’t see a reason to be concerned about a feed shortage. If anything we could have a feed […] Read more
Feed weekly outlook: No long-term shortage expected
Feed weekly outlook: Varying yields make for average crop
MarketsFarm — Feed grain crop yields are expected to be about average across the Prairies as harvest has kicked off. “It appears we’ll have somewhat of an average crop, with a bunch of high-yield areas and a bunch of low yield areas averaged together,” said Jim Beusekom, president of Market Place Commodities in Lethbridge. New-crop […] Read more
Alberta Wheat and Barley cool to latest seed royalty scheme
There are now three options on the table but all offer ‘more questions than answers,’ says groups’ GM
Reading Time: 4 minutes A third option has been thrust into the seed royalty review fray — but whether it will be the answer farmers are looking for remains to be seen. “At this stage, there are still more questions than answers about all of the models that have been put forward,” said Tom Steve, general manager of Alberta […] Read more
Feed weekly outlook: Feed grain bids fall with rain
MarketsFarm – Improving crop conditions have weighed on Western Canadian feed barley prices over the past month as attention turns from the tight old crop supply situation to the upcoming harvest. “Prices are dropping every day it rains,” said Mike Fleischhauer of Eagle Commodities in Lethbridge, Alta. He said barley prices have come off by […] Read more
Barley organization to streamline
Reading Time: < 1 minute Alberta Barley is welcoming the Barley Council of Canada’s decision to undergo a “strategic realignment.” Changes will involve collaboration on delivery of service and sharing of resources with Cereals Canada, the Canadian Malting Barley Technical Centre, and the Brewing and Malting Barley Research Institute. The move follows a review by the Barley Roundtable, an initiative […] Read more
Feed weekly outlook: Grain prices back off previous highs
MarketsFarm — Feed barley prices have come down from June highs, which saw prices around $300 per tonne. Currently, feed barley is around $275-$280 as market participants anticipate arrival of new crops. However, demand for feed grains remains high, as “we’re still dealing with a full feedlot,” said Brandon Motz of CorNine Commodities at Lacombe, […] Read more
Malt barley prices remain stable
MarketsFarm — Malt barley prices have held steady throughout the 2019 growing season as global demand remains strong. Malt prices in 2018 were driven about 15 per cent higher due to a global shortage. According to Farmlink, drought conditions caused Australia to produce “one of the smallest barley crops in recent memory.” The crops were […] Read more
Klassen: Feeder market enters summer doldrums
Compared to last week, western Canadian feeder cattle markets traded steady to $5 lower on average. Small volumes were available last week, which distorted the price structure. Many feedlot hands will rotate holidays through July; therefore, feedlot operators don’t want to bring in fresh replacements with a skeleton staff. Recent rains across Saskatchewan and Alberta […] Read more
Feed weekly outlook: Prices fall with rain
Feed grain prices for Lethbridge’s feedlot alley took a tumble after parts of the Prairies received some much-needed rain. Jim Beusekom, president of Market Place Commodities in Lethbridge, said barley and wheat prices recently dropped. Barley was around $285-$290 per tonne in the area, down about $10 from the week ending June 21. Wheat was […] Read more
Cigi, Cereals Canada agree to pursue amalgamation
The boards of the Canadian International Grains Institute (Cigi) and Cereals Canada have agreed to pursue amalgamation by March 31, 2020. That’s if a proposal, yet to be developed, is approved by the two bodies’ member organizations, leaders Dean Dias and Cam Dahl, said Friday in separate interviews. “During the past week, both boards have […] Read more
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