feed grains Archives | Canadian Cattlemen

Feed weekly outlook: Prices plateauing

By Glen Hallick - MarketsFarm, GFM Network News 23 hours ago

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

Livestock, Market talk, Markets

Barley market outlook

Market Talk with Jerry Klassen

By Jerry Klassen October 23, 2020

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

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Bids hold firm in West

By Phil Franz-Warkentin, GFM Network News October 2, 2020

MarketsFarm — Feed grain bids in Western Canada remain firm at the beginning of October, with a lack of significant farmer selling keeping the market underpinned as harvest wraps up across the Prairies. The barley harvest is mostly complete across the Prairies, but total yields and production remain to be seen. “The market is still […] Read more

Livestock, Markets, Reuters

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

Firm cash prices support CME hogs

By Tom Polansek, GFM Network News September 30, 2020

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

Crops, Markets, Reuters

U.S. grains: Corn up as hog futures soar

Soybeans down on profit-taking

By Julie Ingwersen, GFM Network News September 10, 2020

Chicago | Reuters — U.S. corn futures climbed to their highest in five months on Thursday as news of a swine disease in Germany fueled expectations of increased demand for U.S. pork and feed grains, traders said. Firm cash markets for corn ahead of the start of the U.S. Midwest harvest added support, along with […] Read more

Finishers, Livestock, Markets

Klassen: Yearling markets mixed

By Jerry Klassen, GFM Network News September 8, 2020

Compared to last week, yearling prices for western Canadian were down $2-$5 on average with the exception of southern Alberta where prices were relatively unchanged. Major feedlots in the Lethbridge area focused on local cattle which contributed to the firmer tone. Outside of Feedlot Alley, weakness in the deferred live cattle futures had buyers on […] Read more

Barley, Crops, Markets

Feed weekly outlook: Early harvest pressures Alberta prices

By Glen Hallick - MarketsFarm, GFM Network News August 20, 2020

MarketsFarm — Feed prices in Alberta took something of a tumble this week, Allen Pirness of Market Place Commodities in Lethbridge reported. Feed prices in Manitoba and Saskatchewan, meanwhile, were steady. “Six weeks ago we were seeing harvest, at best, at the end of August. With the heat wave that’s been upon us the last […] Read more

Feed markets, Market talk, Markets

Feed grains outlook remains bearish

Market Talk with Jerry Klassen

By Jerry Klassen August 14, 2020

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

Cereals, Markets

Feed weekly outlook: Feed grains come under harvest pressure

By Marlo Glass – MarketsFarm, GFM Network News July 31, 2020

MarketsFarm – Delayed springtime planting pushed back the feed grain harvest. As a result, prices for old crop feed grains are now beginning to converge with new crop prices. “It feels like we’re transitioning towards new crop,” remarked Travis Ebens, a grains trader with CorNine Commodities in Lacombe, Alta. He said prices for feed barley […] Read more

Barley, Crops, Markets

Feed weekly outlook: Belated new crop props up barley

By Marlo Glass – MarketsFarm, GFM Network News July 17, 2020

MarketsFarm — Delayed spring seeding means new-crop feed barley has a few more weeks left in the field, which is keeping old-crop prices strong into summertime. “We were expecting new-crop barley in the end of July, but with the later seeding date this year we’re not expecting to see new crop until at least mid- […] Read more

Pulse industry watching container supply closely

ADM beats profit estimates but revenue disappoints

U.S. livestock: Live cattle futures jump on tightening supplies

GFM Network News