(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Grain prices expected to hold firm

'The farmer doesn't seem super interested in selling'

MarketsFarm — Feed prices on the Prairies are likely to remain steady through to the new year, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “I think the markets for now are to be flat,” he said, noting there has been talk in the market of 25 trains of U.S. corn that have […] Read more

A Panama-flagged bulk carrier, Ikaria Angel, leaves Ukraine’s port of Chornomorsk with wheat for Ethiopia on Sept. 17, 2022. (File photo: Reuters/Serhii Smolientsev)

CBOT weekly outlook: Renewed agreement puts pressure on corn, wheat

Soy trade focused on Brazil's crop potential

MarketsFarm — A renewed agreement between Russia and Ukraine to allow the latter’s grain to be shipped out of the Black Sea has recently been putting pressure on corn and wheat prices at the Chicago Board of Trade (CBOT). Russia and Ukraine, with mediation from the United Nations and Turkey, agreed Nov. 17 to an […] Read more


CBOT January 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans, grains turn higher ahead of U.S. Thanksgiving

Wheat rises as investors position ahead of holiday

Chicago | Reuters — Chicago soybean and grain futures ended higher on Wednesday, as traders looked to even up their positions before the market closes for the U.S. Thanksgiving holiday and ahead of a short trading day on Friday, analysts said. Corn futures strengthened, as the market eyed dry weather forecasts that may cause more […] Read more

CBOT March 2023 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Futures slip on rail strike threat, EU wheat talk

U.S. winter crop ratings at lowest since at least 1986

Chicago | Reuters — Chicago Board of Trade grain futures fell on Tuesday, amid growing concern over a possible U.S. rail strike and market speculation that U.S. grain buyers were purchasing European Union wheat, traders said. French wheat sales to China and the prospect of Polish or German wheat being booked in the United States […] Read more


CBOT March 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, wheat ease on firm U.S. dollar, export concerns

U.S. rail union votes against tentative contract deal

Chicago | Reuters — Chicago Board of Trade grain futures eased on Monday as a stronger dollar and worries about U.S. exports weighed on prices, analysts said. The dollar advanced against most major currencies, making U.S. commodities look less attractive to importers, as tightened COVID-19 rules in China fuelled worries over the global economic outlook. […] Read more

CBOT January 2023 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soy firms on bargain buying but posts weekly decline

December wheat ends down, corn up

Chicago | Reuters — U.S. soybean futures rose on Friday on bargain buying after a two-session slide, but still ended the week down about one per cent on uncertainty about demand from China, traders said. Wheat futures turned lower, retreating from early advances, with the benchmark December contract on the Chicago Board of Trade declining […] Read more


The Fossen family, Rock Creek, B.C.

Ranching in a tough environment

The Fossen family seeks to improve the environment and cut wildfire risk at their ranch in southern B.C.

It’s the night of the banquet at the Canadian Beef Industry Conference (CBIC) in Penticton, B.C. Cowboy hats are found sporadically throughout the room. Banquet staff have cleared supper plates, and now the crowd’s attention is focused on Duane Thompson with the Canadian Cattle Association (CCA) as he lists all the nominees for the Environmental […] Read more

CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat sags on Black Sea export deal extension

Chicago corn turns higher

Chicago | Reuters — U.S. wheat futures dropped to a 2-1/2-month low on Thursday after the United Nations announced an agreement to extend a grain corridor for exports from war-torn Ukraine. Soybean futures fell on worries about demand as top global buyer China struggles with COVID-19 lockdowns. But corn turned higher as strong weekly U.S. […] Read more



(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: More corn, oats in feed rations

'Very weird situation to be seeing again'

MarketsFarm — As prices for feed barley and wheat increase, more feedlots are turning to corn, according to Susanne Leclerc of Market Master Ltd. at Edmonton. “A lot of places are switching to corn. The desirability of feed barley has been coming down,” she said. “So it will be interesting to see which way the […] Read more