CNS Canada –– Feed barley prices have come down while wheat holds steady in Lethbridge, Alta., the centre of Western Canada’s livestock feeding sector. The price of feed barley at Lethbridge fell about $10 a tonne throughout November to sit at about $210-$212 per tonne — for three main reasons, according to Jim Beusekom of […] Read more
Lethbridge feed wheat stays steady, barley moves downward
Feed Grains: EU votes down proposed GMO opt-out
By Commodity News Service Canada Winnipeg, October 28 – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, October 28. – CBOT corn futures were weaker on Wednesday, with the December contract quoted at US$3.7750 per bushel at midsession, as the advancing US harvest weighed on values. – The […] Read more
Alta. feed prices hang steady despite swings in quality
CNS Canada –– As harvest winds to a close across the Prairies, some feedlot operators say they’ve noticed more feed barley and feed wheat out there than they initially thought. The quality of the feed varies greatly, with some second-cut wheat being accepted as high-quality with reasonable protein, while other loads arrive with sprouting, bleaching […] Read more
Iran cancels import duties on wheat, barley
Dubai/Moscow | Reuters — Iran has canceled import duties it imposed on wheat and barley in July, according to an official document seen by Reuters on Tuesday. The document said the import duties ended on Sept. 6 for wheat and on Aug. 22 for barley. It gave no reason for the cancellation. The Iranian government […] Read more
Feed barley looking bearish
CNS Canada –– Seasonal harvest pressure is starting to weigh on feed grains in Western Canada, while quality downgrades to crops still on the field may put further pressure on values going forward. “There are quite a few bearish indicators out there,” said Kyle Sinclair, of CorNine Commodities at Lacombe, Alta. For starters, early yield […] Read more
High protein, high yields seen in early malt barley
CNS Canada –– High protein levels could prove a challenge for Canadian maltsters this year, but the quality of the country’s malt barley crop is generally looking better than had been expected as harvest activity starts up across the Prairies, according to a broker. “Everything is high, high, high; high yields, high plump, high bushel […] Read more
Klassen: Major operations aggressively bid feeder cattle
The feeder cattle market in a world of its own but has a fair amount of new information — mostly negative — to digest as the fall run moves into full steam. Despite the upcoming uncertainty, western Canadian yearling prices were $4 to $8 above last week on very strong buying interest from larger operations; […] Read more
Short-term barley prices seen likely to downtrend
CNS Canada — Feed barley prices are moving slowly with hand-to-mouth buying as the crop moves into harvest, when already low prices will likely hit a downtrend. However, prices will likely recover into autumn, depending on how farmers choose to act, from where one market analyst sits. “If the farmers aren’t willing to sell at […] Read more
Klassen: Softer fed cattle market weighs on feeder prices
Western Canadian feeder cattle traded at similar levels to seven days earlier on very light volumes and little buying interest. Most auction barns were closed and cattle buyers are on holidays, so drawing market information is like the young cowboy at the high school dance — his mind is anywhere but on the markets. Limited […] Read more
Lethbridge feed barley prices move upward, watch U.S. corn
CNS Canada — Hot, dry conditions in Alberta and western Saskatchewan are delaying and stressing this year’s barley crop — but action in U.S. corn is now the barley market’s primary driver, according to one expert. “This recent rally in corn has helped barley and feed wheat move higher; we’re in a market driven by […] Read more
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