CNS Canada — The feed grain market in Western Canada is starting to firm up as a lack of farmer selling has supplies tightening. “It seems like we’re kind of moving higher here at the moment. Markets have a firmer tone to them for now,” said Allan Pirness of Market Place Commodities in Lethbridge. “Barley […] Read more
Feed weekly outlook: Prairie feed grain market inching higher
Feed weekly outlook: Prairie market flat as holidays near
CNS Canada — The flat western Canadian feed grain market will continue for the forseeable future, but there could be slight changes around the holidays and into the New Year. “The market has been relatively flat for several weeks now and my guess is it will continue to be that way into the New Year. […] Read more
Feed weekly outlook: Corn imports set to drop
CNS Canada — The market for feed grains in Western Canada is largely flat, but could change soon, according to one commodities trader. “I don’t know if I’m bearish or bullish. I’m kind of flat right now as a trader,” said Evan Peterson of JGL Commodities in Moose Jaw. Peterson said there are still large […] Read more
Feed weekly outlook: Durum, red spring wheat head to feed market
CNS Canada — Feed grain prices have fluctuated very little over the past few weeks according to one Alberta-based commodities trader. Jim Beusekom, president of Market Place Commodities in Lethbridge, said corn has been getting $245-$250 per tonne. There is plenty of corn available in the U.S. and its price is often the cap on […] Read more
Prairie feed grains drying out, influx of U.S. corn continues
CNS Canada – While plenty of wheat and barley are being downgraded to feed quality in Western Canada, as harvest nears the end crops are starting to come off dry. “In general, the sunshine and weather has progressed us fairly quickly. Grain toward the end was even coming off dry, so everyone seems content that […] Read more
Plenty of feed wheat available on Prairies, few takers
CNS Canada — Quality downgrades caused by poor harvest weather has pushed a lot of wheat into feed markets, but there are few takers at this point. Eldon Dueck, grain merchant at Linear Grain in Carman, Man., said farmer offerings in his region remain slow, but he’s heard that a lot of feed wheat and […] Read more
Feed weekly outlook: Grains flood Alberta market
CNS Canada — Feed grain prices in Alberta have come down as producers have rushed to sell downgraded crops. “Last week the phones were blowing up… right now I think we’re seeing some better weather, so everyone’s outside and the phones are probably going to light up again next week,” said Nelson Neumann, grain trader […] Read more
Feed weekly outlook: Snowy weather makes for larger feed supplies
CNS Canada — The question isn’t whether there’ll be enough feed grains this year in Western Canada, but when they’ll be ready — which is keeping the market steady currently. “The question is when will it be marketable? When will it be out of the field and in condition to market?” said Allen Pirness of […] Read more
Feed weekly outlook: Cheap corn, Prairie harvest quality weigh on prices
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
Klassen: Feeder market eyes April live cattle futures
Compared to last week, western Canadian feeder cattle markets traded steady to $3 higher. Strength in the deferred live cattle futures, particularly the April contract, spilt over into the cash feeder market. Limited supplies of yearlings also contributed to the firmer tone. Feedlots have been patiently securing heavier replacements, but we’re now on the home […] Read more
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