Barley Archives | Canadian Cattlemen

Klassen: Feeder market incorporates risk discount

By Jerry Klassen, GFM Network News 2 days ago

Compared to last week, western Canadian yearling prices were unchanged; however, calves weighing 550 to 800 lbs. traded $3-$5 lower. The market for calves under 550 lbs. traded $5 lower to $3 higher. Early in the week, prices were showing some strength in the lighter weight categories but buying enthusiasm waned from Wednesday through Friday. […] Read more

Crops, Markets

Crop stocks forecasts mostly unchanged in AAFC supply/demand report

Corn carryout revised upward

By Phil Franz-Warkentin, GFM Network News 5 days ago

MarketsFarm — Updated crop supply/demand tables from Agriculture and Agri-Food Canada, released Friday, included only minor changes from the previous month. Larger adjustments are expected after Statistics Canada releases its final production numbers for the year on Dec. 3. Canola and all-wheat ending stocks for the 2020-21 marketing year were both left unchanged at 2.25 […] Read more

Barley, Crops, Markets

Feed weekly outlook: Export demand supports grain prices

By Glen Hallick - MarketsFarm, GFM Network News November 20, 2020

MarketsFarm — There continues to be a very strong demand for feed grains with large amounts headed for export, according to Saskatoon-based trader Evan Peterson of JGL Commodities. “It’s driven the prices up and made a massive competition between feed for Alberta versus shipping it overseas,” Peterson said, noting China has been the main driver […] Read more

Finishers, Livestock, Markets

Klassen: Calf prices ratcheting higher

By Jerry Klassen, GFM Network News November 18, 2020

Compared to last week, western Canadian yearling markets traded $2-$4 on either side of unchanged; mid-weight calves were also unchanged while lighter calves traded steady to as much as $6 higher. Alberta and Saskatchewan have experienced adverse weather over the past couple of weeks; however, feedlots in southern Alberta appeared to be more aggressive for […] Read more

Barley, Crops, Markets, Reuters

Barley trade routes redrawn as China tariff hits Australian farmers

China's barley purchases from Canada more than double last year's

By Jonathan Barrett, Gus Trompiz, GFM Network News November 17, 2020

Sydney/Paris | Reuters — Out in Australia’s grain fields, farmers have started harvesting one of their biggest-ever barley crops, after drought-relieving rains convinced many to plant to the edges of their paddocks. Yet the tractors are working under the cloud of a new tariff imposed by China — seen widely as retaliation for Australia’s push […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: High demand keeps bids strong

By Marlo Glass – MarketsFarm, GFM Network News November 13, 2020

MarketsFarm — Feed grain prices in Western Canada have come off of recent highs but remain “higher than what feeders like to see.” That’s according to Brandon Motz of CorNine Commodities ar Lacombe, Alta., who said feed grains are still in a “high-demand market,” with spot prices for feed barley and wheat around $260-$265 per […] Read more

Livestock, Market talk, Markets

Feeder cattle market digesting many variables

Market Talk with Jerry Klassen

By Jerry Klassen November 12, 2020

I’ve received many inquiries over the past couple of months about the market outlook for feeder cattle. Yearling prices have been very strong throughout the fall period trading at or above 52-week highs; however, prices for calves in the 500- to 700-pound weight category are down $10 to $20 from elevated levels during spring. In […] Read more

Barley, Crops, Markets

Feed weekly outlook: Prairie grain market steady, for now

By Phil Franz-Warkentin, GFM Network News November 6, 2020

MarketsFarm — The feed grain market in Western Canada remains firm for the time being, but the uncertainty of outside influences makes it difficult to predict where values will go from here. “It is so hard to gauge,” said Susanne Leclerc, owner of Market Master Ltd. in Edmonton, adding “I don’t think anybody can predict […] Read more

Crops, Reuters

Canadian pot producer Aphria to buy U.S. craft brewer

SweetWater's '420' beer would come to Canada

By Reuters, GFM Network News November 5, 2020

Reuters — Canadian cannabis company Aphria Inc. said on Wednesday it plans to buy craft brewer SweetWater Brewing for US$300 million as it looks to expand into the U.S. while becoming the first major pot producer to enter the alcoholic beverages market. The deal gives Leamington, Ont.-based Aphria a U.S. distribution point at a time […] Read more

Barley, Crops, Markets, Reuters

China rejects Australia’s appeal to remove barley tariff

By Colin Packham, GFM Network News November 2, 2020

Sydney | Reuters — China has rejected Australia’s appeal to scrap a tariff on its barley exports, two sources familiar with the matter told Reuters, all but closing the door on a trade worth about A$1.5 billion (C$1.4 billion) in 2018. The rejection comes after Australia sought a formal review over duties totalling 80.5 per […] Read more

U.S. livestock: Live cattle up on cash market optimism, beef demand

ICE weekly outlook: Canola stronger at midweek

CBOT weekly outlook: Markets could go higher after U.S. Thanksgiving

GFM Network News