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Domestic barley prices are likely to hold steady for now. Photo: Canada Beef Inc.
Beef Cattle, Feed markets, Finishers, Markets

MarketsFarm feed barley update: Barley prices holding steady

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Canada’s barley supply/demand doesn’t matter to price determination. Domestic barley value is currently tethered to the price of imported U.S. corn, holding steady for the time being. Both are showing around $335/tonne delivered into southern Alberta for nearby delivery. Our best guess is that 2-2.5 MMT of U.S. corn will come into Western Canada in […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market vulnerable to weakness

Placements higher than expected

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Compared to last week, western Canadian yearling markets traded $3-$5 on either side of unchanged. Prices for 800-plus-lb. yearlings were firm in Manitoba but softened in western regions. Calf prices were relatively unchanged from week-ago levels. There were larger volumes of calves on offer with many auction barns holding feature sales. The increase in supplies […] Read more
Photo: File
Barley, Corn, Crops, Markets

Feed weekly outlook: Grains steady, waiting on U.S. corn imports

Barley yields might beat StatCan expectations

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MarketsFarm — More feed barley is reportedly making its way into Alberta cattle rations for the time being as recently-harvested supplies are competitive with corn imports from the U.S. While nearby demand is keeping the domestic market reasonably steady, more corn will likely start making its way north over the next month. Feed barley is […] Read more
(Geralyn Wichers photo)
Barley, Crops, Markets

Feed weekly outlook: Demand for feed grains ‘in a lull’

U.S. corn harvest a work in progress

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MarketsFarm — Despite prices continuing to come down for feed grains in Western Canada, demand for them is currently at a standstill, according to Susanne Leclerc of Market Master Ltd. in Edmonton. “I think we’re in that lull time right now between corn and barley (deliveries) as the (U.S.) corn harvest is underway,” Leclerc said, […] Read more
Barley. (Doug Wilson photo courtesy ARS/USDA)
Barley, Crops, Markets

Feed weekly outlook: Lack of overseas demand brings down prices

'It feels like for now, we've kind of bottomed out'

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MarketsFarm — As the grain harvest wraps up in Western Canada, feed grain prices continued to move downward. However, harvest pressure was not the only reason for their declines. Evan Peterson of JGL Commodities at Moose Jaw, Sask. heard others say their crops were larger than anticipated — but there were additional factors adding pressure […] Read more
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Comment/Columns, Nutrition

Can byproduct feeds play a role in growing calf programs?

You'll need to know their nutritional content and digestibility

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This column is the last in a three-part series focusing on factors influencing the profitability of backgrounding cattle. To this point, we have covered economic and management issues related to this sector as well as the concept of formulating diets to match specific program objectives such as overwintering lightweight calves for grass and backgrounding medium- […] Read more
File photo of barley being loaded off the combine. (Collab Media/iStock/Getty Images)
Barley, Crops, Markets

Feed weekly outlook: Barley bids near bottom post-harvest

Feed corn values narrowing against barley

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MarketsFarm — After a better-than-expected harvest across the Canadian Prairies, feed grain prices on the region either have bottomed out or soon will, according to Evan Peterson of JGL Commodities in Saskatoon. “They’ve dropped significantly in the past three to four weeks as harvest pressure kicked off,” he said, citing feed barley going into feedlot […] Read more
On the morning of Dec. 30, the nearby January canola contract apparently hit a new all-time high. Photo: File
Crops, Markets

Tightening canola stocks projected, AAFC says

Wheat, barley, oat, pea stocks also projected lower

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MarketsFarm –– Canadian canola carryout supplies for the current marketing year will likely end up tighter than earlier expectations, according to updated supply/demand balance sheets from Agriculture and Agri-Food Canada (AAFC) that account for recent production and stocks data from Statistics Canada. Canola ending stocks for 2023-24 are now forecast to tighten to only one […] Read more

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