Oats. (Greg Berg photo)

Feed weekly outlook: Grain bids quietly drift lower

Oats still making their way into feedlots

MarketsFarm — Prices for feed barley and wheat in Western Canada drifted lower during the week ended Wednesday. Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta., said a relatively milder winter across the Prairies has resulted in less consumption of feed grains in feedlots. In turn, feedlots are not purchasing as much […] Read more

(Dave Bedard photo)

Grain stocks come in as projected

StatCan report deemed neutral for canola and spring wheat, supportive for durum

MarketsFarm — Stocks of Canadian grains at year-end appear to be pretty much in line with market expectations. Statistics Canada on Tuesday issued its report on stocks as of Dec. 31, 2022, which highlighted notable increases in most grains, further signaling a recovery from the 2021 drought. “Stocks reports are important because they confirm the […] Read more


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Barley, wheat prices continue downward

Oats, canola meal also bound for feedlots

MarketsFarm — As colder temperatures descend onto the Prairies, buying activity for feed barley and wheat was just as frigid. “A lot of guys are fairly caught up with purchasing,” said Mike Fleischhauer of Eagle Commodities Inc. in Lethbridge. “You see the prices of wheat and barley start to trickle down a little bit. Corn’s […] Read more

(Dave Bedard photo)

AAFC issues first look at 2023-24

Oats production expected down significantly on year; wheat, canola up

MarketsFarm — Agriculture and Agri-Food Canada (AAFC) has released its first crop projections for 2023-24, forecasting a very notable drop in oats. In AAFC’s January supply and demand estimates, released Friday, it cut oat production to 3.611 million tonnes, down almost 31 per cent compared to 2022-23. The department chopped the carryout for oats by […] Read more


CBOT March 2023 oats with 20- and 100-day moving averages. (Barchart)

Oats face an uncertain year

Reduced acres expected in 2023

MarketsFarm — When comparing oat prices at the start of 2023 compared to one year ago, they appear to be night and day. Despite modest price increases over the past month, some western Canadian oat bids are less than half of what they were last year. In Alberta, the high-delivered bid for oats as of […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Corn imports still weigh on domestic feed market

MarketsFarm — Ample corn imports from the U.S. continue to keep the western Canadian feed grain market under pressure, with barley bids in Lethbridge trending lower through the early days of 2023. “We started the year with cash barley trading at roughly $450 (per tonne) in Lethbridge, it’s since declined to roughly $435,” said Jim […] Read more



CBOT March 2023 oats with 20- and 50-day moving averages. (Barchart)

Feed weekly outlook: Wheat, barley eschewed for other grains

Oats, corn finding demand as feed

MarketsFarm — Feed wheat and barley prices in Alberta’s feedlot alley are coming down, largely due to the increasing presence of corn imported from the U.S. The high-delivered bid for Alberta feed barley on Wednesday was $9.80 per bushel, 11 cents lower than the previous week and 22 cents lower than one month earlier, according […] Read more


(Dave Bedard photo)

StatCan data show smaller Canadian canola, durum production

Report also logs more barley, oats than previous estimates

MarketsFarm — Canadian farmers grew less canola and durum than originally thought in 2022, but more barley and oats, according to updated production estimates from Statistics Canada released Friday. “There were both bullish and bearish surprises,” MarketsFarm Pro analyst Mike Jubinville said. While canola production of 18.174 million tonnes was still up considerably from the […] Read more

”The worry now is that if we apply the brakes too hard and slow down the economy too much, we will tip ourselves into recession.” – Mike Jubinville.

These are anything but normal times in the markets, says analyst

There’s not one, but three, powerful new factors at play — war, tight supplies, and rising interest rates

Reading Time: 4 minutes Glacier FarmMedia – We live in strange times, says a veteran market analyst. “I look at these markets as bipolar in some cases,” said Mike Jubinville, senior analyst with MarketsFarm. “On one hand, the macroeconomics have potentially bearish demand implications as fears of a recessionary environment take hold. But on the other hand, we have […] Read more