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(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Grain prices expected to hold firm

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

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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
(Photo courtesy Canada Beef Inc.)
Cereals, Crops, Markets

Feed weekly outlook: More corn, oats in feed rations

'Very weird situation to be seeing again'

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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
The Canadian barley crop is significantly larger than last year.
Barley, Market talk, Markets

Feed barley market strengthens

Market Talk with Jerry Klassen

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Statistics Canada’s August model-based crop estimate came in at 9.4 million tonnes, up from the 2021 output of seven million tonnes and up marginally from the five-year average of 9.2 million tonnes. Supplies are sharply higher than last year but the domestic feed market has rallied nearly $60/tonne from the pre-harvest lows. What is going […] Read more
File photo of barley being loaded off the combine. (Collab Media/iStock/Getty Images)
Barley, Crops, Markets

Feed weekly outlook: Grain supplies good, freight costs higher

'They don't have as many drivers as normal'

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MarketsFarm — There are still sufficient supplies of feed barley and wheat to be had on the Canadian Prairies — but there are issues with getting that feed from point to point, according to Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. “I do think there are enough supplies from what we have […] Read more
Prices for feed wheat and barley have declined in the last month.
Barley, Cereals, Markets

Feed weekly outlook: Good quality, yields amid rising feed prices

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MarketsFarm – With harvesting operations coming to a close, there were very few complaints about the quality and yields of new crop feed grains, according to one Lethbridge, Alta.-based trader. “Quality-wise, everything’s been sounding good for the most part. A couple of areas might have a bit of lighter bushels, but for the most part […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Alberta feedlot backlog limits demand for feeder cattle 

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Compared to last week, Western Canadian yearling prices traded steady to $2 lower on average while calf markets were down $3 to $5. Feedlots in Alberta and Saskatchewan are backed up with significant numbers of market ready fed cattle which has set a negative tone for replacement cattle. Carcass weights are nearing historical highs. Barley […] Read more
Corn west of Mitchell, Man. on Oct. 17, 2018. (Dave Bedard photo)
Barley, Corn, Crops, Markets

Feed weekly outlook: Corn imports pressure grain prices in Lethbridge

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MarketsFarm — With harvesting operations winding down, high-delivered bids for feed barley and wheat in Alberta are higher compared to the same time last month and last year. However, there is still some volatility in feed grain prices, according to one Lethbridge-based trader. “I think most (of the increase) was (due to) demand, but as […] Read more
File photo of cattle on feed near Champion, Alta., about 75 km north of Lethbridge. (James_Gabbert/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Uncertain fed cattle market weighs on feeder cattle

U.S. feeder demand seen relatively sluggish

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Compared to last week, western Canadian yearlings (900 lbs. and over) appeared to trade $6-$8 lower on average; yearlings weighing 800-900 lbs. off grass were unchanged. Backgrounded yearlings were also $6-$8 lower. Mid-weight calves were unchanged but calves under 600 lbs. were $3 to as much as $10 lower in some cases. Feedlot operators pulled […] Read more
Markets adjusting to barley, corn production estimates
Feed markets, Market talk, Markets

Markets adjusting to barley, corn production estimates

Market Talk with Jerry Klassen

By
The western Canadian yearling market rallied $8-$10/cwt throughout August. While yearling prices were percolating higher, barley prices in Western Canada were grinding lower. Farmers started harvesting barley in southern Alberta during the third week of August and progress will accelerate across the Prairies through September. Most feedlots had their feed grain requirements covered with U.S. […] Read more

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