MarketsFarm — Tight old-crop supplies and mounting weather concerns over new-crop production are keeping feed grain prices well supported in Western Canada as end-users work to ration supplies. “We’ve seen a very real weather market emerge in the last few weeks,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., pointing to wet conditions hampering […] Read more
Feed weekly outlook: Barley bids rise on weather woes, tight old-crop supplies
Feed weekly outlook: Prices steady ahead of seeding
MarketsFarm — Feed grain prices have firmed up ahead of seeding, and producers are quick to make room in feed bins ahead of seeding. “New-crop price is significantly lower than old-crop, so at some point they’re going to converge,” said Allen Pirness, senior trader with Market Place Commodities in Lethbridge. Statistics Canada’s crop intentions report, […] Read more
Feed weekly outlook: Western Canadian market stabilizing
MarketsFarm — Western Canadian feed grain prices have come under pressure over the last month, but appear to be stabilizing as attention turns to spring seeding across the Prairies. “We’ve been steadily dropping for the past few weeks, and it’s leveled out now,” said Tracey Green, grain broker with Market Master Ltd. in Edmonton. Buyers […] Read more
StatsCan confirms smaller canola acres, more wheat
MarketsFarm — Canadian farmers intend to seed more spring wheat and less canola in 2019, according to Statistics Canada survey results released Wednesday. Additional shifts are also likely in subsequent reports, as dry conditions in southern Alberta and Saskatchewan may alter some intentions. Statistics Canada forecast canola area for 2019 at 21.3 million acres, which […] Read more
Canadian farmers to reduce canola plantings by seven per cent
Winnipeg | Reuters — Canadian farmers intend to plant seven per cent fewer acres of canola this spring compared with a year earlier, even less than expected by analysts and traders, as a dispute with China hampers demand, a government report showed on Wednesday. China and Canada are locked in a diplomatic and trade dispute […] Read more
Feed weekly outlook: Barley acreage buoyed despite current prices
MarketsFarm — International demand for Canadian feed barley has been strong thanks to a 2018 growing season drought in Australia that limited exportable supplies. China purchased nearly 950,000 tonnes of Canadian barley in the first seven months of the 2018-19 year, significantly above the five-year average. However, feed markets in general are quite sluggish ahead […] Read more
Views differ on crop exports to China other than canola
MarketsFarm — Depending on whom one has spoken with, there are differing views as to grain exports to China other than canola. The federal government has stated there have been no export issues outside of canola. “The current actions taken by China are limited to canola seed, and we have not received any indication of […] Read more
It’s not glamorous, but feed barley is a bright spot
Demand has shot up over the past year but there’s a caveat — China has been the big buyer
Reading Time: 4 minutes Barley growers will have a tough choice this spring: Target an oversaturated malt market or go for the red-hot one — feed barley. “It’s got to be a question a lot of farmers are asking themselves, especially if you’re in a region where feed and malt prices have been about the same,” said Geoff Backman, […] Read more
Four tips for better barley production
Four tips to better barley production Whether or not you’re using variable rate technology in your malting barley crop, it is important to use due care and attention when establishing the cereal crop, say two long-time Agriculture and Agri-Food Canada researchers. John O’Donovan, now retired malting barley agronomist ,and Kelly Turkington, a plant pathologist with[...]
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Feed weekly outlook: Barley prices correct off recent highs
MarketsFarm — Feed markets in Western Canada have softened slightly following a jump in prices earlier this month. Nelson Neumann, a grain trader for Agfinity, said barley supply was tight earlier in the month as buyers rushed to secure their feed before spring road bans, seeding season and poor weather conditions hampered deliveries. “We saw[...]
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