Agfinity Inc. officially filed for bankruptcy on Nov. 25, just over a month since the Alberta grain brokerage shut down operations and laid off employees.
Agfinity declares bankruptcy
Feed Grain Weekly: Prices need to become cheaper to generate demand
An ongoing lack of demand has forced feed grain prices to drop back recently, according to Darcy Haley, vice-president of AgValue Brokers in Lethbridge.
Prairie feed grain markets trending lower as harvest looms
Feed grain bids in Western Canada continue to trend lower, with early harvest pressure contributing to the softness.
Feed Grain Weekly: Weather, low U.S. prices affecting Prairie markets
Glen Loyns, trader and general manager for JGL Commodities in Moose Jaw, Sask., said while the recent heat and dryness has reduced yield expectations, prospects of a decent harvest are still putting pressure on prices.
Feed Grains Weekly: Prices remain lower despite upswing in market
Although prices for barley and wheat have swung higher during the week ended July 18, prices for feed grains fell back.
Feed Grain Weekly: Wild weather in Alberta gives growers pause
Susanne Leclerc, owner of Market Master Ltd. in Edmonton, said moisture levels in Alberta are not distributed evenly with the north seeing plenty of rain and the south becoming drier. A recent cold snap between Calgary and Edmonton plunged lows to around the freezing mark earlier this week, while snow fell over parts of the Foothills.
Feed Grain Weekly: A bearish market, especially in southern Alberta
Sufficient supplies of domestic barley and wheat along with the ongoing influx of corn from United States, have continued to keep a lid on feed grain prices on the Canadian Prairies. That’s especially so in southern Alberta, according to Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
Feed grain weekly: Seeding well underway in Alberta
Feed grain bids in the Lethbridge area were finding some support in early May as farmers in the region focus their attention on spring seeding.
Feed Grain Weekly: Prices in holding pattern for now
With farmers across Western Canada getting ready to plant their crops or they have already made a few rounds in the field, feed grain prices across the Prairies remained in a holding pattern, according to Jerry Klassen of Resilient Capital in Winnipeg, Man.
Feed Grain Weekly: Seeding preparations begin in Alberta
As growers prepare to seed in parts of Alberta, the lack of moisture during the winter continues to be a concern. However, a major snowstorm which brought various amounts of precipitation to the central part of the province has relieved some stress.
Cyber-Savvy Farmer
