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Feed markets

Statistics Canada released their final crop survey for 2020 on Dec. 3.
Barley, Feed markets, Market talk

Statistics Canada confirms barley crop

Market Talk with Jerry Klassen

By
The feed barley market has been percolating higher throughout the fall. While the crop size is marginally higher than last year, stronger Chinese demand has enhanced offshore movement. Strength in corn prices has also spilt over into the world barley market, enhancing export values. The U.S. corn crop has come in smaller than anticipated and […] Read more
Feed markets, Market talk, Markets

Feed grains outlook remains bearish

Market Talk with Jerry Klassen

By
It’s that time of year when I receive many inquiries regarding the feed grain outlook for the upcoming crop year. At the time of writing this article, Lethbridge area feedlots were buying feed barley in the range of $240/mt to $250/mt delivered for nearby delivery while Red Deer operations were showing bids for $228/mt to […] Read more
Feed markets, Market talk, Markets

Feed barley outlook

Market Talk with Jerry Klassen

By
I’ve received many inquiries from feedlot and backgrounding operators regarding the price outlook for feed barley. The Western Canadian feed grains complex made seasonal lows during September of 2019. Lethbridge area feedlots were buying feed barley at just under $200/mt delivered. However, the market started to ratchet higher during October. Adverse weather and the delayed […] Read more
Canadian farmers are expected to increase barley acreage this year as U.S. farmers plant more corn acres.
Feed markets, Livestock, Market talk

Klassen: Barley outlook

Market Talk with Jerry Klassen

By
The feed grains complex has been volatile over the past month as the market moves through a transition phase. During the second week of May, southern Alberta feedlots were buying feed barley in the range of $255/mt to $265/mt delivered while central Alberta operations were making purchases from $240/mt to $250/mt delivered. For September delivery, […] Read more
The feeder cattle market is anticipating a surge in feedlot placements during the spring.
Feed markets, Market talk, Markets

A few observations on the feeder cattle market

Market Talk with Jerry Klassen

By
Over the past month, I’ve received inquiries about the market outlook for feeder cattle. During February and March, yearling prices were grinding lower while the market for calves was near 52-week highs. There was a clear divorce in the price structure between the heavier and lighter weight categories. Therefore, I thought this would be a […] Read more
Feed markets, Market talk, Markets

Feeder cattle market responding to feed grain complex

Market Talk with Jerry Klassen

By
I’ve received many inquiries with regard to the market outlook for feeder cattle. Western Canadian yearling and calf prices have been trading near 52-week highs and cow-calf operators are wondering if prices will continue to percolate higher during the fall period. The feeder market is a pure competitive market; therefore, feedlots usually bid up the […] Read more
Canadian barley exports for 2018-19 are expected to exceed year-ago levels due to stronger demand from China.
Feed markets, Market talk, Markets

Feed grain update

Market Talk with Jerry Klassen

By
Western Canadian barley prices have been percolating higher throughout the harvest period. At the time of writing this article, Lethbridge-area feedlots were making barley purchases in the range of $245/mt to $260/mt delivered while central Alberta operations were showing bids from $235/mt to $245/mt. It’s important to realize that prices are about $60/mt above year-ago […] Read more
Barley stocks are tight and imports of U.S. corn into Western Canada will likely continue into the new crop year.
Feed markets, Market talk

Tighter corn and barley stocks for 2018-19

Market Talk with Jerry Klassen

By
It’s that time of year when I receive many inquiries in regard to the feed grain outlook for the 2018-19 crop year. In the previous article, I discussed South American crop conditions and North American projections for the upcoming crop year. Feedlot operators have been factoring higher costs per pound gain which has resulted in […] Read more

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