The absence of willing sellers and advances in other grains are adding some firmness to feed barley values in southern Alberta. However, the lack of fresh demand is limiting any upward price movement, keeping barley in a narrow range, said an industry participant. Lethbridge feed barley spot bids in mid-February are $210 per tonne, up […] Read more
Alta. feed barley prices remain in narrow range
Mexican restrictions keep canaryseed prices stagnant
Western Canadian canaryseed cash bids continue to be stagnant, as efforts to remove the restrictions placed by Mexico on those shipments continue coming up short, an industry participant said. "I think people have lost track whether canaryseed has an upside or downside potential," said Kevin Hursh, executive director of the Canaryseed Development Commission of Saskatchewan […] Read more
Lower ocean freight costs support grain exports
Soft ocean freight rates, which hit 25-year lows in early February, are helping cut into Canada’s grain freight disadvantage with some of its competitors, according to industry participants. The Baltic Dry Index, which is used as a guide for global shipping rates, is sitting at 715 points, up from a 25-year low of 647 points […] Read more
Prairie flaxseed cash bids continue to soften
Western Canadian flaxseed cash bids continue to soften, as strong global supplies amplify the downward price trend, said industry participants. A large eastern European crop has helped fuel the downward price trend recently, said Paul Martin of Prairie Flaxseed Products at Portage la Prairie, Man. With eastern European flaxseed prices coming in around the equivalent […] Read more
Prairie canola cash bids firm, but upside limited
Western Canadian canola cash bids continue to remain strong, with solid demand and concerns about South American weather providing support. However, one analyst says, the advances seen in canola cash values may have reached their top levels. Currently, cash prices for canola range from $11.75 to $12 a bushel for old-crop, while new-crop bids generally […] Read more
Alta. feed barley values slip on warm weather
Feed grain prices have fallen slightly in southern Alberta’s cattle feeding region in the past month. Warm winter temperatures have contributed to a steady downward price slide in feed barley values. However, a cold snap or possible drought conditions later on as spring starts could move prices upward. Lethbridge feed barley prices in early January […] Read more
Prairie canola cash bids steady, yet uncertain
Western Canadian canola cash bids remain strong as the new year begins. The advances in canola futures values have helped boost cash prices as well. However, uncertainty remains on how much further futures can rise before basis levels start to widen. Currently, cash bids for canola range from $11.75 to $12 a bushel for old-crop, […] Read more
Lentil market to trend down in 2012
Canadian lentil values are expected to continue their downward price slide in the new year, with demand slipping and ample global supply weighing on values. "It’s less then flat, it’s going down" said Allan Wagner, managing director of Prairie Pulse Inc. at Vanscoy, Sask., on the price of Canadian lentils in the market. Much of […] Read more
Canadian feed advantage over U.S. narrows
Canada has lost its feed advantage with the U.S., as declining U.S. corn prices and an upward trend in western Canadian barley values over the past couple of months have caused the cost of gain in the two countries to narrow in. Anne Dunford, a marketing specialist with Gateway Livestock Exchange at Taber, Alta., said […] Read more
Biodiesel plants seen as boon for Alberta
Canada’s biodiesel industry is about to get a boost with two new plants scheduled to be built in Alberta, and that’s seen as translating to good news for farmers seeking to diversify their revenue. Lynn Jacobson, vice-president of Alberta’s Wild Rose Agricultural Producers (WRAP), said the announcement of Michigan-based The Power Alternative (TPA) and a […] Read more
Canadian Cattlemen Presents: Depth of Field
