(Geralyn Wichers photo)

Feed weekly outlook: Falling corn prices not spurring new demand

Feed barley bids in Alberta, Manitoba up from month-ago

MarketsFarm — Falling prices for U.S. corn futures on the Chicago Board of Trade (CBOT) are having little effect on shipments going to Alberta feedlots, according to one grain buyer. The September corn contract fell to its lowest price since January 2021 when it dropped to US$4.79 per bushel on Wednesday, before closing at US$4.8525/bu. […] Read more

File photo of a BNSF grain train in Montana. (Photo courtesy BNSF Railway)

Feed weekly outlook: U.S. corn keeps making way into Canadian rations

Ease of sourcing corn by rail an attractive feature

MarketsFarm — The size and quality of the 2023 Canadian grain crop is still very much in the air, but domestic feeders intend to keep at least some corn from the U.S. in their rations going forward no matter what is grown on the Prairies. Canadian buyers have already booked 78,500 tonnes of U.S. corn […] Read more


Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)

Canadian canola, wheat area up on the year: StatCan

More soybean, corn acres also estimated

MarketsFarm — Canadian farmers planted more canola than earlier intentions, according to updated acreage estimates from Statistics Canada released Wednesday. Meanwhile, wheat plantings hit their highest level in more than two decades. Total canola plantings were estimated at 22.1 million acres by the government agency, which compares with the 21.6 million expected in April and […] Read more

(Dave Bedard photo)

Analysts expect little change in new StatCan numbers

Weather was 'pretty conducive to plantings'

MarketsFarm — Dry conditions in much of the Prairies this spring may leave seeding areas relatively unchanged ahead of Statistic Canada’s (StatCan) principal field crop report, due to be released Wednesday. It will be the second survey-based acreage report for the 2023-24 marketing year, after the first one was released in April. While growing conditions […] Read more


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Rains lift interest, prices

Dry conditions in U.S. Corn Belt supportive

MarketsFarm — When Alberta was dry, feed prices drew little interest according to Susanne Leclerc of Market Master Ltd. in Edmonton. But that changed after some timely rains, with prices on the rise. “There’s more demand than we have seen in a while,” Leclerc said. “When crops were looking crappy and people were worried about […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: 800-lb. steers touch $300/cwt mark

Nearby cash market at odds with futures

For the week ending June 17, western Canadian feeder cattle prices were quoted $2-$5/cwt higher on average compared to seven days earlier. However, larger packages of quality yearlings traded $8-$10/cwt above week-ago levels. The market was hard to define because available supplies are dwindling at this time of year. The quality of cattle was extremely […] Read more


File photo of barley being loaded off the combine. (Collab Media/iStock/Getty Images)

Australia expects ‘favourable decision’ from China on barley

Heavy tariffs in place since 2020

Sydney | Reuters — Australia is expecting a positive decision over the next two weeks from China to fully settle a dispute over barley tariffs, Trade Minister Don Farrell said Thursday. “We are expecting in the next couple of weeks a favourable decision on the tariffs that has prevented Australian barley going into China,” Farrell […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prices, shipments steady as dryness continues

Drought 'priced into the market already'

MarketsFarm — Demand for feed grains at Alberta feedlots continues unabated as more corn from the United States makes its way into the province. “Demand at feedlots has been status quo. Feedlots are buying imported U.S. corn and DDGS. Along with that, there is also barley and feed wheat. They are getting enough supplies right […] Read more


Canadian barley outlook

Canadian barley outlook

Market Talk with Jerry Klassen

Statistics Canada’s acreage survey of 9,500 farmers was conducted between December 12 and January 14, 2023. Survey results were released on April 26. Commodity and fertilizer prices have changed significantly since winter. Although the data may be out of date, traders are using it as a starting point to project upcoming production. On the winter […] Read more

File photo of a barley seedling. (SusanHSmith/iStock/Getty Images)

Feed weekly outlook: Market in a waiting game

U.S. corn, available wheat keep market supplied

MarketsFarm — The feed grain market in Western Canada is holding relatively steady for the time being as both buyers and sellers wait to get a better handle on new-crop production. “It’s a waiting game at this point between the farmer and the feedlot,” said grain merchant Jay Janzen of CorNine Commodities at Lacombe, Alta. […] Read more