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Tag Archives Barley

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

Feed weekly outlook: Buyers’ thoughts turn to April-June

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MarketsFarm — Attention on feed grains is shifting away from February-March and focusing on the April-June period, according to Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. Their buyers have February-March pretty much covered, she said. Demand continues to be driven by exports to China, she added, with Prairie feedlots required to keep […] Read more
(Dave Bedard photo)
Crops, Markets

Feds predict three per cent increase in canola acres

Stocks nevertheless expected to tighten

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MarketsFarm — Canadian farmers will seed more canola in the upcoming 2021-22 crop year, but solid demand will still cause ending stocks to tighten, according to the first new-crop supply/demand projections from Agriculture and Agri-Food Canada (AAFC), released Monday. The department forecast seeded canola area in the spring of 2021 at 21.37 million acres, up […] Read more
(File photo)
Barley, Crops, Markets

Feed weekly outlook: Offshore demand still lifting Prairie barley

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MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by Vancouver and the export business,” said Allen Pirness, of Market Place Commodities in Lethbridge, on the continued strength in barley bids. Typically, arbitrage opportunities would […] Read more
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

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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
A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Corn, Crops, Markets

Feed weekly outlook: Barley market’s eye on exports, corn prices

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MarketsFarm — Strong export demand for Canadian barley and rising corn prices in the U.S. are expected to continue to keep feed prices well supported in Western Canada. “Feed grains are being squeezed by lower imports of U.S. corn into Western Canada,” analyst Chuck Penner of Leftfield Commodity Research said in a presentation Tuesday for […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Barley, wheat prices very likely to increase

Increases seen tied to rising U.S. corn

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MarketsFarm — Two Alberta traders believe strong feed grain prices will continue to push higher over the next week of January, with much of the upswing tied to the rise in corn prices in the U.S. “As corn edges higher, becoming the preferred direct replacement to barley, your barley floor comes up and wheat starts […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Barley market cools ahead of New Year

More strength is still likely, however

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MarketsFarm — The feed market in Western Canada may be stabilizing heading into the holiday season, but underlying fundamentals remain supportive and could lead to more strength in the New Year. While the market was holding steady in mid-December, “I think it will go back up in January/February/March,” said Mike Fleischhauer of Eagle Commodities in […] Read more
(File photo)
Barley, Crops, Reuters

Australia to appeal at WTO over China’s barley tariffs

China in May imposed tariffs totalling 80.5 per cent

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Sydney | Reuters — Australia will launch a formal appeal to the World Trade Organization (WTO) later on Wednesday seeking a review of China’s decision to impose hefty tariffs on imports of Australian barley, Minister for Trade Simon Birmingham said. Acknowledging the appeal may take years to be resolved, Birmingham told reporters Australia would also […] Read more
Barley. (Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Prairie prices remain strong

Exports, domestic use both up on year

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MarketsFarm — Feed grain prices in Western Canada held steady during the first week of December as solid export demand from China continues to underpin the domestic feed market. “Demand has backed off a little bit for December. We’ve seen a flattening [of prices], but I think that’s just a step back for now,” said […] Read more
(PortOfHalifax.ca)
Crops, Markets

Grain, oilseed exports well ahead of year-ago

Chinese demand up substantially for Canada's crops

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MarketsFarm — Canadian grain exports continue to run at a very solid pace, with canola, wheat and barley movement-to-date all up substantially on the year. Total exports of Canada’s major grains and oilseeds as of Nov. 29 came in at 18.9 million tonnes, according to Canadian Grain Commission (CGC) data. That’s up by nearly five […] Read more

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