
Tag Archives feed grains — page 2

Klassen: Yearling markets mixed
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

Feed weekly outlook: Early harvest pressures Alberta prices
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 grains outlook remains bearish
Market Talk with Jerry Klassen
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 weekly outlook: Feed grains come under harvest pressure
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

Feed weekly outlook: Belated new crop props up barley
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

Feed weekly outlook: Barley bids soften as sector stabilizes
MarketsFarm — Feed barley bids in Western Canada have softened over the past two weeks, as some normalcy returns to the feeding sector. Feed barley bids delivered into the key Lethbridge feeding area have come down by $6-$8 per tonne over the past two weeks, with current prices around $240 per tonne, said Brandon Motz […] Read more

Feed weekly outlook: Barley, wheat price strength may continue
MarketsFarm — Prices for feed barley and wheat have remained strong over the last few weeks, according to traders in Alberta and Saskatchewan. “They move up a dollar or two per metric tonne just to keep moving the old crop,” said Evan Peterson of JGL Commodities’ Saskatoon office. “From what we’ve seen, buyers are just […] Read more

China-Australia row to reshuffle trade in bulging barley market
Gains for Canada, other exporters won't be 'magical'
Paris | Reuters — A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said. Beijing said on Monday it would apply an 80.5 per cent tariff on Australian barley imports for the next five years, […] Read more

Klassen: Yearlings trade lower, calves ratchet higher
Compared to last week, western Canadian yearling prices were $4-$6 lower; mid-weight feeder cattle traded $2 higher to $4 lower. Lighter calves and grassers were quite variable. In Alberta, these cattle ranged from unchanged to as much as $8 higher on average while in the eastern Prairie regions, calves traded $4 lower to $4 higher. […] Read more

Feed grains outlook
Market Talk with Jerry Klassen
I’ve received many inquiries regarding the feed grain outlook for the 2020-21 crop year. Grass cattle and calves have been relatively firm over the past month despite the COVID-19 pandemic. It appears that cattle producers are banking on a very bearish corn and barley market for the upcoming fall and winter. Therefore, I thought this […] Read more
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