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Feed weekly outlook: Prairie grain prices on rise despite harvest

MarketsFarm — Feed barley and wheat prices in Western Canada have been showing some unusual strength in late September, with prices rising despite seasonal harvest pressure. “Right now we’ve been seeing a lot of talk about exports and the need for feed at feedlots,” said Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Quality features influence feeder cattle prices

Western Canadian yearling markets have traded in a sideways range over the past couple of weeks; major feedlot operators have been aggressive for 800-pound-plus feeders just off grass because these cattle are most efficient and therefore, most profitable. Grass yearlings were quoted steady to as much as $5 higher this past week. Backgrounded yearlings were […] Read more


Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prices stronger after harvest

MarketsFarm — Feed grain prices have been higher as the harvest has concluded across most of the Canadian Prairies. “It feels like last week and this week, the harvest has wrapped up in many areas,” said Allen Pirness, a trader with Market Place Commodities in Lethbridge. “That should switch the focus for getting the crop […] Read more



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Feed weekly outlook: Barley finds support in lull between old, new crops

MarketsFarm — Feed barley bids in Western Canada are seeing some modest strength in early September, as old-crop supplies run out and the new crop is not yet available. “Prices have definitely gone up this past week,” said Mike Fleischhauer of Eagle Commodities at Lethbridge. Expectations for a good 2020 crop had farmers making space […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Yearling markets mixed

Compared to last week, yearling prices for western Canadian were down $2-$5 on average with the exception of southern Alberta where prices were relatively unchanged. Major feedlots in the Lethbridge area focused on local cattle which contributed to the firmer tone. Outside of Feedlot Alley, weakness in the deferred live cattle futures had buyers on […] Read more


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StatsCan stocks report shows lower lentils, durum, canola

Lentil supply picture 'extremely tight'

MarketsFarm — Statistics Canada’s stocks of principal field crops report detailed tight ending stocks for lentils durum and canola. As of July 31, lentil stocks totalled just 61,000 tonnes, down by 91.5 per cent from last year. Exports were up by over 30 per cent year-over-year, which accounted for some of the decrease. “It’s an […] Read more

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Feed weekly outlook: Prices gain strength

MarketsFarm — Harvest activity in the western Canadian Prairies had depressed feed grain prices at the end of August, but prices have recovered slightly. “There’s been a bit of a break in harvest activity,” Allen Pirness of Market Place Commodities in Lethbridge said. Producers in southern Alberta had been harvesting barley at the end of […] Read more