CNS Canada — Cheap corn imports and adverse Prairie harvest conditions should mean no shortage of feed grain in Alberta’s feedlot alley this winter — which should also keep prices under pressure going forward. “Anytime you get a ripe crop and you get snow and rain falling on it, it normally doesn’t make better quality,” […] Read more
Feed weekly outlook: Cheap corn, Prairie harvest quality weigh on prices
Feed weekly outlook: Downgrades likely for Alberta crops
CNS Canada — Snow and wet weather through a large swath of northern and central Alberta are causing havoc for farmers and will likely put more feed grains into the market. But normal harvest price discounts are still not as great as expected, said Susanne Leclerc of Market Master Ltd. in Edmonton. Feed grain prices […] Read more
Feed weekly outlook: Lethbridge feedlots buying U.S. corn
CNS Canada — As barley prices climb, feedlots around Lethbridge have found a cheaper feed option: corn from the U.S. “Price has (pushed feedlots to buy corn). Barley, it’s probably $4, $5 a tonne higher than corn price right now. And the cattle feeder can source corn quite easily and more economically than barley,” said […] Read more
Feed weekly outlook: Alberta feedlots prepared for supply issues
CNS Canada — Many regions of the Prairies expect some feed shortages this year, but Alberta feedlots have plans ready to deal with those issues. Bryan Walton, CEO of the Alberta Cattle Feeders’ Association, said overall conditions appear decent, although producers in drier areas have silaged barley rather than wait for harvest because of lighter […] Read more
Manitoba winter wheat yields down
CNS Canada — As the winter wheat harvest finishes up in Manitoba, initial reports are that yields are lower than in years past. “It was a disadvantage with the winter and with the weather conditions this summer it’s been pretty dry… so between the two, it’s kind of reduced yields,” said Doug Martin, chairman of […] Read more
Feed weekly outlook: Shortages expected for Prairie barley
CNS Canada — Sales have slowed for feed grain buyers in Western Canada, as concerns continue to mount about feed shortages. “The confidence from the farmer is not (there anymore). He just wants to see some crop come into his bin. So we’ve definitely slowed in our buying,” said Brandon Motz, sales manager at CorNine […] Read more
Feed barley defies expectations as prices rally
CNS Canada – Feed barley prices have no business being where they are, based on supply-demand fundamentals, but that hasn’t quelled the rally. With prices for old crop sitting a premium over new crop, most in the industry expected old crop would gradually decline over summer and the two would eventually converge. But dry weather […] Read more
Feed weekly outlook: Barley exports could signal market strength
CNS Canada — Jeff Nielsen, a director with Alberta Barley, expected barley exports to make a strong showing. Numbers recently posted by the Canadian Grain Commission confirmed the good news he had been waiting for. “We kind of had an inkling they were going to be good and high and yeah, it just reaffirms it. […] Read more
France to the rescue as drought hits EU barley crop
Hamburg | Reuters — Drought has seriously damaged barley harvests in northern Europe, potentially tightening supplies of animal feed and malt for beer brewing, but a decent crop in France could save the day, experts said on Thursday. “There are painful crop losses in Germany, Poland, Britain and Scandinavia,” one German trader said. “The volume […] Read more
Klassen: Fed cattle market leads yearlings higher
Compared to last week, yearlings traded $3 to as much as $6 higher. While many auction barns were on holidays, buyers had a full deck of orders for the limited supplies on hand. Many buyers and few sellers characterized the market environment. The quality of cattle is quite variable at this time of year but […] Read more
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