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CBOT March 2023 oats with 20- and 50-day moving averages. (Barchart)
Cereals, Crops, Markets

Feed weekly outlook: Wheat, barley eschewed for other grains

Oats, corn finding demand as feed

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MarketsFarm — Feed wheat and barley prices in Alberta’s feedlot alley are coming down, largely due to the increasing presence of corn imported from the U.S. The high-delivered bid for Alberta feed barley on Wednesday was $9.80 per bushel, 11 cents lower than the previous week and 22 cents lower than one month earlier, according […] Read more
(Dave Bedard photo)
Crops, Markets, Weather

StatCan data show smaller Canadian canola, durum production

Report also logs more barley, oats than previous estimates

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MarketsFarm — Canadian farmers grew less canola and durum than originally thought in 2022, but more barley and oats, according to updated production estimates from Statistics Canada released Friday. “There were both bullish and bearish surprises,” MarketsFarm Pro analyst Mike Jubinville said. While canola production of 18.174 million tonnes was still up considerably from the […] 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
(Dave Bedard photo)
Crops, Markets, Weather

Ending stocks tumble due to drought: StatCan

Canola stocks are below 'pipeline levels'

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MarketsFarm — Severe drought in Western Canada during the summer of 2021 has played a major part in reducing the stocks for Canada’s principal field crops at the end of the 2021-22 marketing year, according to Statistics Canada. Canada’s central data agency released a report Wednesday presenting total ending stocks for the country’s major crops […] Read more
(WWing/E+/Getty Images)
Crops, Markets

StatsCan reports sharp decline in field crop stocks

Stocks tighter than most traders had estimated

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MarketsFarm — Statistics Canada’s report on the country’s principal field crop stocks, released Friday, reflects an ever-tightening supply brought on by last year’s drought. With the exception of corn and soybeans, all of the crops listed suffered a supply decline of at least 10 per cent compared to the year before, as of March 31. […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Markets

USDA attache predicts large 2022-23 grain crops for Canada

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MarketsFarm — Canada is expected to see a 30 per cent increase in grain production in 2022-23, according to estimates from the U.S. Department of Agriculture’s Foreign Agricultural Service post in Ottawa. Expectations for improved yields for Prairie grain crops after the 2021-22 drought accounted for much of the projected increase, although USDA also cautioned […] Read more
(Dave Bedard photo)
Crops, Markets

Drought fears, fertilizer may affect Canadian acreage estimates

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MarketsFarm — Traders and analysts awaiting Statistics Canada’s first survey-based acreage report for the 2022-23 crop year on Tuesday believe competition amongst crops — as well as their dependence on fertilizer, and the possibility of another drought this summer — will be determining factors. Canola stands as the best representation of traders’ concerns. Despite reaching […] Read more
Crops, Oats

AGT building oat milling plant in Saskatchewan

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Regina pulse processor AGT Foods plans to bulk up its portfolio in the plant-based ingredients business with a new oat milling operation in central Saskatchewan. The company on Thursday announced it would start construction “immediately” on the new operation, to be housed in an expansion of its existing processing plant just east of Aberdeen, about […] Read more

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