GFM Network News






Statistics Canada released their final crop survey for 2020 on Dec. 3.

Statistics Canada confirms barley crop

Market Talk with Jerry Klassen

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



(File photo)

Feed weekly outlook: Prices plateauing

MarketsFarm — While prices for feed grains have risen over the last month along with several other commodities, they’ve now declined a little bit, according to Erin Harakal, senior trader with Agfinity in Stony Plain, Alta. “For short-term movement like November-December we’ve seen them come off the most compared to the late-January/early-March time frame,” she […] Read more


Barley market outlook

Barley market outlook

Market Talk with Jerry Klassen

The recent rally in the barley market has caught many cattle producers by surprise. For a brief period in midsummer, Lethbridge-area feedlots saw barley prices drop under $200/mt delivered; however, at the time of writing this article in mid-September, feed barley delivered to southern Alberta was trading in the range of $220/mt to $230/mt. Canadian […] Read more



CME November 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures slip as feed grain prices soar

Firm cash prices support CME hogs

Chicago | Reuters — U.S. live cattle futures retreated on Wednesday after the December contract hit its highest price in more than a month, while feeder cattle futures slumped as prices surged for grain used as animal feed. The rally in U.S. grain futures prices hung over cattle markets because livestock producers will be more […] Read more