MarketsFarm — The feed barley market remains strong despite the influx of freshly harvested supplies, with little competition from other feed sources. “The markets have been coming up steadily, with what feels like no harvest pressure,” said Suzanne Leclerc, owner of Market Master Ltd. in Edmonton. “People were hoping the market would get lower and […] Read more
Feed weekly outlook: Prairie barley market still strong
Availability of trucks remains an issue
Feed weekly outlook: Good grain yields seen in Saskatchewan, Manitoba
MarketsFarm — Despite delays in the ongoing barley and wheat harvests across the eastern Prairies, early indications have suggested healthy amounts of grain production. “Eastern Saskatchewan and Manitoba still have a bit of harvest to go, but generally the yields are good,” Glen Loyns, general manager of JGL Commodities at Moose Jaw, Sask., said. “Quality […] Read more
Feed weekly outlook: Prairie markets hold firm ahead of harvest
MarketsFarm — The feed grain market in Western Canada is holding steady for the time being, with both buyers and sellers keeping to the sidelines ahead of the harvest. “So far we haven’t seen the harvest pressure we would normally expect,” said grain trader Matt Beusekom of Market Place Commodities in Lethbridge. Feedlots were still […] Read more
Feed weekly outlook: Markets facing uncertainty
MarketsFarm — Feed grain markets in Western Canada are facing some uncertainty amid tight domestic supplies and reports of transportation issues bringing up corn from the United States. “It’s very strange,” said Susanne Leclerc of MarketMaster Ltd. in Alberta. “You see stories like that (reporting on feedlots running low on grain), then you talk to […] Read more
Feed weekly outlook: Prices strong, beginning to stabilize
MarketsFarm — Feed grain bids in Western Canada have shown some strength over the past month, but were stabilizing in early December as corn imports pick up from the U.S. Erin Harakal, trade manager at Agfinity Inc. at Stony Plain, Alta., said prices have been strong over the past month but steady over the past […] Read more
Feed weekly outlook: Shortages leading to price increases
MarketsFarm — Prices for feed grains are swinging higher because of shortages, according to Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge. “One thing we are sure of is we are running out of inventory, barley for sure, and we’re 11 months away from new crop,” he said. This year’s severe drought and excessive heat […] Read more
Feed weekly outlook: Canadian markets firm, waiting on U.S. corn
MarketsFarm — Canadian feed grain bids remain strong, although end-users are only buying on a hand-to-mouth basis as they await an influx of cheaper corn imports from the U.S. “Everybody is waiting on the corn situation to figure out where we’ll go,” said Suzanne Leclerc, owner of Market Master Ltd. in Edmonton. “Buyers are buying […] Read more
Feed weekly outlook: Harvest lowers wheat, barley prices
MarketsFarm — With the hot and dry summer of 2021 now in the rearview mirror, the higher-than-normal prices for Alberta feed wheat and barley are starting to taper off as combining nears completion. “I think what we’ve been seeing for feed barley prices in (southern Alberta) is anywhere from $380 (per tonne) for October and […] Read more
Feed weekly outlook: U.S. corn imports to supplement tight supplies
Feeders seeking barley would 'have to pay up'
MarketsFarm — The looming corn harvest in the United States should keep a lid on rising feed grain prices in Western Canada, with more corn expected to make its way into Canadian feedlots this winter. “U.S. corn should start landing in Lethbridge sometime in October or early November,” said Jim Beusekom, of MarketPlace Commodities at […] Read more
Thunder Bay reports rare inbound grain shipment
MarketsFarm — Grain movement at the Port of Thunder Bay included a rare inbound cargo of feed wheat, according to the port’s latest monthly report. A 12,000-tonne shipment of feed wheat was delivered to Richardson’s Current River elevator from the company’s facility in Hamilton, Ont. The wheat was said to be destined for Manitoba feedlots, […] Read more
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