Feed grain bids in Western Canada continue to trend lower, with early harvest pressure contributing to the softness.
Prairie feed grain markets trending lower as harvest looms
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 Weekly: Crops still in ‘relatively good condition’
The hot and dry weather present in much of the Prairies for much of July may not have yet put a dent in production numbers. Matt Beusekom, trader for Market Place Commodities in Lethbridge, Alta., said while the heat is pressuring crops, good harvests are still expected for now. “(The heat) has definitely had an […] Read more
Oilseed crush, grain deliveries up year-by-year
The amounts of Canadian oilseeds crushed, as well as those for grains delivered, saw slight increases compared to the year before, according to Statistics Canada (StatCan). Domestic producers crushed 861,671 tonnes of oilseeds last June, more than the 821,292 crushed in June 2023. The June canola crush was reported to be 776,354 tonnes, with 334,909 […] Read more
AAFC makes changes in July estimates
Agriculture and Agri-Food Canada (AAFC) made a handful of changes to its July balance sheet released on July 22, compared to the month before.
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.
Alberta crop conditions steady at 74 per cent good-to-excellent
Warm temperatures helped keep crop conditions well above average in Alberta during the week ended July 9, although heat stress could become a concern without cooler temperatures and more precipitation in the weeks ahead, according to the latest provincial crop report.
Cereals withstood storms better: CCHA
Approximately 1,000 crop damage claims made from storms between June 23 and July 1
“Numerous early season storms have resulted in a number of claims for the industry,” CCHA Chairman Scott McQueen of Palliser Insurance said in a statement. “Cereals have generally fared better as many were hit in the grassy stages of development and minimal damage to the plant was caused with environmental conditions being favourable so that crops that were hit by hail are able to recover.”
Saskatchewan Crop Report: Warm conditions advancing crop development
Warm and mostly dry conditions across Saskatchewan helped crops advance in their development during the week ended July 8, according to the latest provincial report.
Old crop feed barley in a steady downtrend
Farmers still holding onto old crop feed barley in hopes of better prices may be out of luck this year, as bids continue to drift lower with attention in the market turning to the upcoming new crop.
Canadian Cattlemen Presents: Depth of Field
