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Feed weekly outlook: U.S. corn imports to supplement tight supplies

Feeders seeking barley would 'have to pay up'

MarketsFarm — The looming corn harvest in the United States should keep a lid on rising feed grain prices in Western Canada, with more corn expected to make its way into Canadian feedlots this winter. “U.S. corn should start landing in Lethbridge sometime in October or early November,” said Jim Beusekom, of MarketPlace Commodities at […] Read more



CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soybeans climb

Wheat up on global supply concerns

Chicago | Reuters — Chicago corn futures climbed on Wednesday, supported by strength in the crude oil market and firming wheat futures. Wheat climbed as Russia joined France and Canada this week in reducing its production forecast for wheat at a time of strong global demand. Soybeans firmed, though gains were limited as canceled exports […] Read more

Feed barley price outlook

Feed barley price outlook

Market Talk with Jerry Klassen

I’ve received many inquiries from cattle producers regarding the price outlook for feed barley. At the time of writing, Lethbridge feed barley was trading in the range of $405-$415/tonne while Red Deer operations were showing bids from $395-$405/tonne. Barley prices are up nearly $200/tonne from September 2020. Yearling prices continue to trade near 52-week highs […] Read more


CBOT December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Wheat firms on global supply cuts

Corn inches higher as U.S. crop ratings decline

Chicago | Reuters — Chicago wheat futures firmed two per cent on Tuesday, strengthened by global supply concerns amid strong demand, while a weaker U.S. dollar supported U.S. trade. Corn inched higher after a weekly decline in U.S crop conditions reported by the U.S. Agriculture Department (USDA). Soybeans traded both sides of even before easing […] Read more

Tropical Storm Nicholas in the Gulf of Mexico on Sept. 14, 2021. (Nesdis.noaa.gov)

Some grain terminals restart after Ida as Nicholas rains arrive

Reuters — Another grain export terminal near Louisiana’s Gulf Coast shuttered for two weeks by Hurricane Ida restarted operations this week even as heavy rains from Tropical Storm Nicholas battered the region on Tuesday. Global grain trader Cargill said it had reopened its Westwego, La. grain export terminal and on Monday unloaded its first grain […] Read more


A soybean crop at Headingley, Man. on Sept. 2, 2021. StatsCan’s latest estimates project drought-hit Manitoba’s soybean production to drop by 22.2 per cent from 2021, while Canada’s soybean harvest overall is expected down 7.4 per cent on the year. (Dave Bedard photo)

Prairie crops downgraded in latest StatsCan estimates

Corn, soybean crops upsized from previous report

MarketsFarm — Drought conditions across Canada’s Prairies cut into yields throughout the region in 2021, with production of most of the major crops downgraded by Statistics Canada in updated crop estimates released Tuesday. Using satellite imagery, the government agency now sees total canola production for the 2021-22 crop year at 12.78 million tonnes, which compares […] Read more

CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybeans ease as large crops loom

Wheat drops on easing supply worries

Chicago | Reuters — Chicago soybeans ended lower on Monday, pressured as farmers begin harvesting what is expected to be a near-record crop, though stronger-than-expected weekly export sales mitigated losses. Corn also saw harvest pressure, while wheat dropped on easing concerns about global supplies. Chicago Board of Trade most-active soybeans lost 1-3/4 cents to end […] Read more


CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans firm, fail to erase earlier losses

Wheat around seven-week low as world supply concerns ease

Chicago | Reuters — Chicago soybean futures firmed on Friday, following the U.S. Agriculture Department’s monthly supply and demand report showing a drop in harvested U.S. acres, though much of the reports findings had been anticipated by earlier trading. Corn traded near even, while wheat edged lower after touching a new seven-week low, pressured by […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Incoming corn pressures barley, wheat

MarketsFarm — Pressure from forthcoming corn imports from the U.S. have been driving down feed prices for barley and wheat in Saskatchewan and Manitoba, according to Evan Peterson, trader with JGL Commodities in Saskatoon. Meanwhile, prices in Alberta held steady. “We’re seeing some decent coverage right now on the feeder side. We’re waiting for the […] Read more